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Key Differences Between an Umbrella Policy and Excess Liability Policy
The terms “umbrella policy” and “excess liability policy” are often used interchangeably. But each policy type brings its own advantages. While both policies share some similarities, some key differences make each a better fit in certain situations. Knowing...
The Final Blow: Ian Further Destabilizes Florida Insurance Market and Home Values
As parts of Florida continue to cleanup following the devastation of Hurricane Ian, insurers and real estate markets may be among the ruins. Excluding flood insurance claims, insured loss estimates now top $80 billion and could continue to increase as insurers...
Neptune Flood Insurance (Private) vs. FEMA’s National Flood Insurance Program (Public)
When most people think of flood insurance, they think of the National Flood Insurance Program (NFIP) offered by the Federal Emergency Management Agency (FEMA). However, there is another option - private flood insurance. Private flood insurance is offered by...
Here’s Why Your High Value Home Insurance Rates Are Going Up
Everywhere you look these days, you’ll find costs rising. home insurance rates, just like the cost of homes themselves, are among those rising costs. But for many households, the rising costs of homeowners insurance rates have yet to impact them directly. Along...
Top High Net Worth Insurance Companies
High-net-worth (HNW) insurance is a liability-centric portfolio—multiple coordinated policies and layers—built to protect complex lifestyles and significant assets. The foundation is typically a high-value home (or condo/co-op) policy with broader terms and higher limits than mass-market forms. Around that core, families often add personal excess/umbrella, valuables (fine art, jewelry, wine), high-value/collector auto, and yacht/watercraft—all tuned to the client’s risk profile and often serviced with concierge-level claims and risk consulting.
Top 3 Ways (Hacks) to Reduce High Value Home Insurance Costs
In many cases, high-value home insurance costs less per dollar of coverage compared to standard home policies. On the other hand, there’s more to insure, so coverage costs can add up quickly. The good news is that your high-value policy offers more ways to...
Luxury Home Insurance: Finding the Right Policy
The recent real estate run-up saw higher home values in all segments, but luxury homes are among the biggest gainers. Sales of homes valued at over $1 million increased over 80% from 2020 to 2021, according to the National Association of Realtors Sales prices are...
7 Important Things to Consider When Purchasing Yacht Insurance
Your gorgeous yacht probably didn’t come cheap. So, it goes without saying that choosing the right yacht insurance coverage matters. Before setting sail, here’s a list of things to consider when picking out the right plan for you. An Overview: Yacht Insurance...
National Flood Insurance Rate Changes for 2022
The flood insurance market saw significant changes in 2021, with the two-phase rollout of Risk Rating 2.0 from the National Flood Insurance Program (NFIP) setting the stage for flood insurance rates in 2022. Most homeowners who carry flood coverage insure for flood...