Products
High Value Homes
High Valued Homes require special handling, often requiring higher than average limits. Premier has the solution tailored to meet the needs of your VIP clients.
Target Clients
- Foreign Ownership
- Log Construction
- Multiple Mortgages
- Vacant Homes
- Short Term Rentals
Coverage Available
- Homes Valued $1,500,000 up to $15,000,000
- All Risk Coverage
- Guaranteed Replacement Cost
- Personal Liability - including libel, slander, mental anguish & more
- Rebuilding to Code – No Limit
- Debris Removal – No Limit
- Identity Fraud
- Higher Special Limits for Jewelry, Incidental Business Property etc.
- Personal Property Coverage provided for:
- Property kept at another residence – 20% limit
- Students attending college or university
- Parents in a Nursing Home
- Optional Mechanical Breakdown Endorsement
- HVAC
- Saunas
- Pool Equipment
- Home Automation
- Sump Pumps
- Optional overland water coverage
- Limits up to $250,000 available in some postal codes
- Includes tidal flooding (other than tsunami)
- Optional Service Line Coverage
Features & Benefits
- Deductible waived if loss greater than $50,000
- Professional appraisal completed at no cost to the insured
- Options for Higher Deductibles
- Discount may be available for Automatic Water Shutoff Valve