What is high value home insurance?
High value home insurance, for homes valued at $1 million or higher, covers:
Destruction of home/condo
Loss or theft of home/condo contents
Damage caused by pets
Damage to landscape
Loss or theft of personal property while on vacation or away from home
Cost to repair or replace high tech equipment
Physical and mental expenses caused by home invasion, stalking, carjacking, kidnapping, or child abduction
A high value homeowners insurance policy includes these options:
High deductibles available; up to $100,000 to reduce annual premiums
Guaranteed rebuilding cost, without being penalized for depreciation
Replacement of home/condo contents, without being penalized for depreciation
Cash settlement up to the coverage limit to rebuild or purchase a new home
Earthquake coverage
Excess flood coverage
