There’s nothing typical
about our homeowners insurance.

Take a look at some of the insurance coverages you should consider as the owner of a high-value home:

• Replacement Cost: Be sure you have enough coverage to rebuild after a loss, such as a fire.
• Extended Replacement Cost: We can also provide you with the ability to get coverage that exceeds your policy’s amount, including paying to upgrade your home to meet new building codes after a loss.
• Cash Settlement: You may choose not to rebuild after a loss. This option enables you to receive a cash settlement to do with as you please.
• Replacement Cost Personal Property: There are a lot of expensive items inside the walls of your home – from custom cabinets and flooring to top-of-the-line appliances, furniture, artwork, clothes and so much more. Make sure you can replace these items, if you choose, without any depreciation being taken into account, in the event of a fire, theft or other loss.
• Sewer & Drain Backup: In the event of a backup or overflow of your sewer, sump pumps and drains, coverage for cleanup costs and resulting damages is available.
• Coverage for Collections of Jewelry, Art, Wine, Antiques and Other Valuables: You can obtain limits that go beyond the range of most standard policies.
• Temporary Living Arrangements: If you need to live at a temporary residence while your house is rebuilt after a loss, you’ll have the coverage to stay at another similar home or hotel.
• Higher Liability Limits: High-value homeowners policies offer higher liability limits, critical for sound protection for those with a substantial net worth.
• Risk Consulting: Our carriers will send highly trained appraisers to your home to conduct an appraisal to ensure you’re fully protected.

There are other insurance products available, too, including Auto, Vacation Homes, Flood, and Boats/Watercraft, which we can discuss in detail.

Insuring high-value homes requires specialization to make sure clients aren’t underinsured or paying too much for coverage. With Transparity as your insurance partner, we will review:

• The liability limits under both your Homeowners policy and Umbrella policy and whether they’re enough to protect you if a catastrophic accident occurs
• The need for a separate policy for your valuables
• Your policy deductible
• Package discounts you may be missing
• Loss prevention credits that should be applied

We will also review your existing personal insurance program to see what adjustments need to be made as your wealth grows.