Homeowner’s Coverage for the Wealthy

High Value Insurance

Many individuals that are considered affluent have earned their way into wealth and have amassed a number of expensive assets. These assets could include:

  • Luxury primary residence
  • Vacation homes
  • Private jets
  • Watercraft
  • High-value automobile collection
  • Elite furnishings
  • Priceless art
  • Vintage wine collection
  • Diamonds or costly jewelry

Protecting their valuable from destruction, loss, or the threat of theft needs to include more than a state-of-the-art security system.

The Damage of Being Underinsured

Since the average homeowner doesn’t face the same risks and financial hit when compared to the value of these assets, a standard homeowner’s insurance policy isn’t enough coverage. However, it could still be possible to have a special high-net-worth policy that doesn’t fully protect the financial investment of what you own. Should something happen, being underinsured is just as damaging as having no insurance?  With the help of your agent, be sure to select high-value insurance options that address the unique circumstances of your home, its contents, and other valuable assets.

The Value of Your Assets

The right insurance plan will address the value of your assets, though this could happen in several ways. With a high-value policy, your limits and sub-limits will be a lot higher, making it easier for repair or replacement circumstances. The coverage options could also extend to cover the cost of living while the home is being repaired, landscaping coverage, and family protection coverage.

How Customer Service Keep Small Businesses Alive

Commercial Insurance

By running a Mom and Pop business, you are living one of the American dreams. Local businesses are essential in the US economy; they keep money flowing locally and promote employment. Make your small business stand out by providing great customer service and remind shoppers why they should come to you instead of a big-box store.

There is so much encompassed in great customer service than a smile and greeting when customers walk through the door. Providing amazing customer service also requires details like:

Protection. Keep your business, employees and clients safe by investing in commercial insurance. Commercial insurance protects many aspects of your company including the building itself, products and general liability.

Integrity and honesty. Be transparent with clients and vendors. If you’ve made a mistake or miscalculation, fix it as soon as possible. Taking steps to repair a mistake speaks volumes of how you conduct business. Moreover, always be truthful. The truth is always preferable to a lie, no matter what kind of news you have to deliver.

Kindness. There is never an excuse for rudeness, no matter what the circumstance. If someone is rude to you, persevere and continue to be kind anyway. Keeping calm during difficult times proves that your character is stronger than a bad situation.

Taking good care of the people who make your business possible is the most important part of running one. Live your dream as an entrepreneur and provide the best service you can.