An exquisite property requires particular care. High-end homes often have special features that need the kind of protection that exceeds the typical standards of most insurance in Connecticut. No doubt you have worked hard for the finer things, and sufficient insurance is a way to ensure against the loss of or damage to luxury items and special collections. High net-worth insurance provides coverage for assets such as:
- Fine art collections
- Watercraft, such as a yacht
- Wine collections
At a certain level of affluence, standard homeowners and other personal policies may offer insufficient limits to protect more valuable assets. To be fully protected against financial loss in the event of a lawsuit, you may ask your agent about a high limit umbrella policy. This type of extra insurance in Connecticut may secure up to 100 million dollars of additional coverage for your property, and provide a buffer for potential wage loss as well.
Discuss Your Needs With an Agent
A policy tailored to the needs of your estate demands an agent qualified in risk assessment and appraisals. A reputable agency has the resources to secure accurate evaluations of even the most unique collections. Full coverage may take into consideration properties, automobiles and any other high-worth items. People who seek extended coverage for their luxury home require an experienced team that values both their property and their privacy.