If your Scottsdale, AZ home is high in value, you are not going to want to settle for a home insurance that doesn’t offer you the high value home insurance coverage and benefits that you need. The basics and minimums offered on a policy shouldn’t be satisfactory for you. Scottsdale Insurance views high value homes differently than a typical policy because we work with high value clients every day. Your policy is designed to provide you with benefits and privileges designed for affluent customers. Here are some things to keep in mind when you are reviewing your policy before you sign:
- Does this policy offer enough coverage for personal possessions? Your home is going to have a lot more valuables than an average home, so your policy should take that into consideration and provide you with the limits you need. The policy should provide for high value personal property, antique or high value furniture, expensive art pieces, and your various collections.
- Does this policy offer a higher coverage limit for liability purposes?
- Does the policy take into consideration your needs regarding multiple dwellings on your property? If you have a detached garage housing antique cars, or a mother-in-law apartment these should be noted and covered on your policy.
- If something should happen to your home, and you need to temporarily reside elsewhere, does the policy offer more generous living expenses?
- Because of your affluence, you’re at a higher risk of identity theft and fraud. Does this policy provide higher coverage that takes into consideration the loss you might incur?
Your home is an investment and you want your home insurance to reflect that. The interiors of your home and your valuables are also investments, so don’t allow yourself to exclude them even accidently, from your policy.