High Value Home Insurance
Our High Value Home insurance department specializes in coverage for the high net worth individuals. Apex Insurance & Investment Group represents a wide variety of companies. The Agency offers specialized insurance for exceptional homes, Targeted homes are Mansions, Beach Front Properties, Estate Properties and Luxury homes of High net worth Homeowners that provides coverage and policy limits above the standard homeowners insurance policy, including:
- Replacement cost coverage that will pay the amount to rebuild the home and other property structures and replace personal possessions at the current cost with no depreciation.
- Cash settlement option in the event of a total loss if the homeowner decides not to rebuild.
- Increased additional living expenses coverage for suitable accommodations while the home is being repaired.
- Coverage to respond to building code changes.
- Personal injury protection against lawsuits.
- Coverage for electronic data restoration and identity fraud protection.
- Coverage for water backup of sewage and drains.
- Higher limits for valuable items such as jewelry, furs, silverware and watercraft.
Flood Insurance. It has been proven that most claims for flood damage occur in non-flood zones. The peril of flood (rising water) is excluded on the standard homeowners policy and for this reason, it is recommended that a separate policy, underwritten by the Federal Government, be purchased.