770-704-5000  |  877-823-1070 ☰ ˟
770-704-5000 877-823-1070
Logo
  • Home Page
  • Our Agency
    • Our Locations
    • Contact UsImage of right arrow
      • Marietta Office
      • Canton Office
    • Employee Directory
    • File a Claim
  • Get A Quote
    • Auto Insurance Quote
    • Commercial Auto Insurance Quote
    • Homeowners Insurance Quote
    • Life Insurance Quote
    • Motorcycle Insurance Quote
    • Watercraft Insurance Quote
  • About Us
    • About
    • Testimonials
    • Work for Us!
    • Privacy Policy
  • Contact
Home > Blog > Getting Appropriate Coverage Levels for Your High Value Home
FRIDAY, JUNE 4, 2021

Getting Appropriate Coverage Levels for Your High Value Home

It goes without saying that as homes increase in value, so do the risks that owners face. 

High value homes may necessitate higher insurance levels because of their considerable costs. High value home insurance usually covers homes that have values higher than $750,000. 

Why do high value homes need high value insurance? 
High value homes cost a lot to build, and they usually are on more expensive property. They also have a tendency to contain a higher proportion of valuable items. high value home

Customized plans, materials and reinforcements may also go into building these homes. Therefore, the home’s value will likely rapidly increase. In case of a loss, homeowners could face hundreds of thousands, if not millions of dollars in damages. 

High value home insurance protects the unique costs that come with expensive homes. 

Questions to Consider for High Value Policies 
Consider aspects of your home and let your insurance agent know. He or she might be able to add extra protection to your high value home insurance.  

High value policies usually come with standard comprehensive and liability coverage. These coverage levels are often higher than those on the standard policy. Agents can often further specify policies to cover unique aspects of high value homes. 

  • Does your home contain expensive art, jewelry or other valuables? You might be able to add a specific dollar amount of coverage to protect these items. This is excess value or valuables coverage. 

  • What was the cost of building your home? If it was excessive, would a standard policy be enough to cover the replacement value? If not, consider high value home insurance. 

  • Do weather, fire or theft pose threats to the home? High value policies may contain higher levels of property value. 

  • How could water damage affect your home? The average home insurance policy doesn’t cover flood threats. If water damages an expensive home, the repair costs could add up quickly. High value home insurance can contain sewer and drain damage coverage. This coverage can protect the home in case of some types of water damage.

 

You stand to lose a lot of money if a peril destroys your high value home. That’s why the special coverage levels of high value home insurance can protect you. 

Marietta Insurance Services can custom tailor a policy for your high value home. Go online now for a free quote. Give us a call at 770-704-5000 or 877-823-1070 for more information. 

Posted 12:29 PM

Tags: high value home insurance
Share |


No Comments


Post a Comment
Required
Required (Not Displayed)
Required


All comments are moderated and stripped of HTML.

NOTICE: This blog and website are made available by the publisher for educational and informational purposes only. It is not be used as a substitute for competent insurance, legal, or tax advice from a licensed professional in your state. By using this blog site you understand that there is no broker client relationship between you and the blog and website publisher.
Blog Archive
  • 2023
  • 2022
  • 2021

  • auto insurance(6)
  • homeowners insurance(4)
  • life insurance(4)
  • business insurance(3)
  • boat insurance(3)
  • motorcycle insurance(2)
  • home insurance(2)
  • business owners policy(2)
  • builders risk insurance(1)
  • cyber liability insurance(1)
  • professional liability insurance(1)
  • jewlery insurance(1)
  • specialty insurance(1)
  • workers compensation(1)
  • commercial general liability(1)
  • commercial auto(1)
  • renters insurance(1)
  • bop(1)
  • flood insurance(1)
  • contractors insurance(1)
  • high value home insurance(1)

View Mobile Version
Logo
social icon social icon social icon social icon social icon
Quick Links
Home Our Products Customer Service Payment Options Report a Claim
About Us Refer A Friend Our Carriers Blog Contact Us
Locations
Marietta Office 742 Roswell Street SE
Marietta, GA 30060

Canton Office 57 Reinhardt College Pkwy
Suite 300
Canton, GA 30114

© Copyright. All rights reserved.
Powered by Insurance Website Builder