
High net-worth insurers specialize in protecting wealthy individuals' homes and possessions. They provide policies with higher limits of coverage and extra perks, which are not available from standard homeowners insurers. These insurance policies are often available for houses with a market price of at least $750,00.
Best Luxury Home Insurance Companies
When looking for home insurers, you should select one that can meet your individual needs. You can choose a provider that offers endorsements like identity theft, and/or a carrier who has experience in insuring properties of high value.
Chubb AIG State Farm, are amongst the top luxury homeowners insurers. Some of the top luxury home insurers include Chubb, AIG and State Farm.
The most common reason to consider purchasing a high net worth homeowners policy is the expanded coverage limit compared to standard policies. It can be up to $75 million.

Another advantage to a high net worth homeowners policy is that it can cover vacation homes and secondary residences, as well. This is a particularly valuable benefit when traveling, because you won't have to worry about losing your main residence if something happens during your trip.
The coverage of high-net-worth homeowners policies is usually more extensive and comprehensive than standard coverage. It can cover items like jewelry, artwork, and vehicles depending on the policy requirements of your company.
The policies of high net worth homeowners also come with additional benefits like free appraisals, and deductible waivers when it comes to natural disasters. Some policies offer risk consulting, as well as access to a personal concierge.
A homeowners policy for high networth individuals may also include an umbrella of personal excess liabilities coverage, which will protect you in the case of an uninsured claim. This umbrella coverage can be raised in $1,000,000 increments.
To protect your wealth and assets, you need to choose a high-net worth home insurance plan. It is important to work closely with an agent that has experience in evaluating your current policy and finding a better one.

Home Insurance Market for HNW Clients Is a Dynamic Area
There are many different types of homeowners insurance policies that are designed to suit the needs of a wide range of consumers. In this dynamic market, however, there are some companies that have specifically tailored their products for the needs of high net worth clients. These are the companies that have underwriters and claims adjusters who understand the needs of affluent households.
These high net worth home insurance policies can be customized with endorsements to meet your unique needs and lifestyle. These endorsements can include water backup and service line coverage, identity theft and more.