Zoom Meeting: High Net Worth Insurance

Service Description

If your the construction cost of your home is 1 million or more, then you are a candidate for high net worth insurance. Successful families and individuals often have more to protect, and insurance coverage should be designed accordingly. Specific insurance carriers specialize in high net worth, offering proactive risk mitigation for your home, preferred vendor relationships, higher coverage limits, and a vastly superior in-house claims experience. Does high net worth insurance mean higher premiums than standard carriers? It depends. Sometimes, significant increases in coverage and with a superior insurer will cost naturally cost more. However, we often place customers in a lower premium scenario when they are currently with a carrier that does not specialize in high net worth, and priced their coverage high as a result.