High Networth

You’ve worked hard to provide the lifestyle that you and your family enjoy, including a beautiful home, multiple vehicles and other valuable assets. However, owning more also generally means more risks—and greater potential losses in the event of a fire, burglary or other unexpected event.

Who Needs High Networth Insurance?

If your home is valued at an excess of one million dollars, you should strongly consider a high networth homeowners policy. Here at SBB, we specialize in custom-tailoring risk management solutions for high networth individuals and families.

Our team is comprised of seasoned professionals with specific expertise in specialized coverages not afforded under the average policy. In addition, they have in-depth experience in cost-saving risk strategies, such as the use of high deductible policies, to manage both your risk and your insurance costs.

What Does High Networth Insurance Cover?

Asset protection takes on a whole new meaning when the assets in question are significant. For example, you may present a more interesting target to plaintiffs’ attorneys when a potential claim arises, inviting more litigation.

Furthermore, additional assets, such as multiple homes and cars, will each represent a risk exposure. Jewelry, collectibles and other valuable items require appropriate policy riders and may entail stringent documentation requirements. That’s why it’s so important to work with a team that truly understands the unique scenarios of high networth individuals and can tailor the right mix of solutions to protect everything that matters.

Umbrella Protection

In a litigious society such as ours, the standard limits on your policies may not be enough to fully protect the assets of high net worth individuals and families. Umbrella coverage affords additional limits of liability to protect assets over and above the limits in your homeowner’s and auto policies.

See how the SBB can help you safeguard everything you’ve worked so hard to build. Get a quote today.