People with large assets have unique risks.  High Net Worth insurance is a customized policy type that protects clients from these risks – from home insurance to travel insurance and much more.  Despite the name, high net worth insurance isn’t simply a variation on ordinary personal insurance with higher coverage limits and higher premiums.  Instead, it’s about recognizing that people with large assets have unique needs.

One way high net worth insurance responds to this challenge is by bringing multiple areas of coverage and expertise together into a comprehensive insurance solution based on your individual needs.  This usually includes coverage for your home(s), fine arts/jewelry/collectibles, autos, recreational vehicles, watercraft, aircraft, travel and even life insurance.  And, importantly, coverage while in other countries.

High Net Worth insurance is a solution that is custom-designed for your particular lifestyle, assets and risks rather than simply combining “off-the-shelf” policy terms and conditions.

For example, you may want to look for coverage that ensures you’ll be able to repair a damaged vehicle using the repair shop of your choice and factory-original parts.  You may also want to have your vehicle insured for the “Agreed Value” rather than the “Market Value.”  This means that you and the insurance company agree to the payout amount upfront in the event of a total loss claim.

Of course, there are other unique risks to consider, as well.  Domestic staff/Household help (such as nannies or landscaping crews), Special Events, identity theft, international travel, business insurance and more all have specialized insurance solutions to protect your wealth.

To discuss how High Net Worth insurance can meet your needs, contact us today.

Ask a Specialist

Janie Garza, CPRM, ACSR

Account Manager / Private Client Specialist

(713) 365-8410

(888) 600-9111

Janie has been a licensed insurance agent for over 22 years.  She has extensive knowledge and experience in the industry and is a delight to have in our agency! Janie earned her ACSR-PL, Accredited Customer Service Representative...

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