One of a Kind Homes Deserve the Best Coverage
When you have much to protect, high value home insurance isn’t a luxury, it’s a necessity. A home valued at $500,000 or more requires more coverage than your standard homeowner insurance policy offers. Whether your home is a historic, architectural beauty or a contemporary work of art, you need an insurance package as expansive as your residence.
Some insurance companies bill their services for these kinds of homes as “Elite coverage” or “VIP membership” packages, but not all high value home insurance policies are the same. Some will offer guaranteed property damage coverage, meaning in the event your home must be completely rebuilt to replicate its former splendor, the policy will cover the costs even if they exceed your limits. Other so-called elite packages do not offer this impeccable coverage.
You want to be sure the policy you choose reflects the needs of your unique home. Some high value home insurance policies cover things standard packages usually exclude, such as landscaping coverage and sewer and water back up coverage. When your basement is worth more than most people’s entire home, this kind of coverage should not be overlooked.
Your home may contain items not found around most households. For those posh jewelry and art collections, your high value home insurance policy should include riders that will further protect your hard to replace personal property.
Many high value home owners also consider personal umbrella coverage, which is sometimes included in an elite policy that protects against lawsuit. Some insurance companies also include identity theft coverage in their high value home policies. There are some high value home insurance policies that will even cover your domestic employees.
When your needs exceed standard, you can be sure our knowledgeable, independent insurance agents will give you superior guidance. We can help identify your insurance needs, suggest coverage options, and even assist you in filing a claim. We will locate you a number of high value home insurance quotes from a variety of providers, ensuring the policy you buy offers the best coverage at the most competitive rates. Contact us to find out how you can obtain one-of-a-kind coverage for your one-in-million home.