Discover the benefits of a tailored and flexible insurance plan that provides comprehensive protection for your property, family, and lifestyle. Our coverage is complemented by a range of services and support to enhance your resilience, save you time, and enable you to continue enjoying the things you love.
We firmly believe that trust is the foundation of every successful partnership. That's why we are resolute in our commitment to meeting your needs by utilizing a comprehensive approach that leaves no stone unturned. Together, we tackle even the most complex risks and take proactive steps to identify and address potential issues before they escalate into disasters.
High-net policies are vastly different from standard policies. Standard insurance policies often don't provide sufficient coverage for valuable items such as collections, expensive jewelry, and art. In contrast, high-value homeowners insurance plans offer higher coverage limits for your belongings and better protection for your valuables. With customized coverage, you can even address risks that are not covered by standard policies.
To address these gaps, high-value homeowners insurance policies offer higher coverage limits for your home and extra features such as guaranteed coverage for cost overruns. This helps to ensure that you are not underinsured due to fluctuations in the cost of materials or labor.
Financial success can often lead to higher personal liability risks. Even the most cautious households can experience accidents, and when more is at stake, it can be a cause for concern. Our clients have expressed their biggest worry as personal liability.
Our luxury homeowners insurance package provides a unique level of protection, safeguarding your home, assets, and future earnings from personal liability risks. You can choose coverage options as high as $100 million and personalize your coverage to match your unique lifestyle.
Your homeowner's insurance policy is an essential part of your coverage solution. Apart from higher coverage limits for your home and belongings, there are additional coverages that can provide extra protection for your home and assets against unforeseen risks.
Our insurers offer risk analysis to help you identify potential threats that can cause injury, damage, or liability. Unlike broad-market insurers, our private client advisors work closely with you to ensure you make informed coverage decisions and are not left unaware and unprotected.
Some high-value policies come with expanded personal liability coverage with limits of up to $100 million. This type of coverage provides protection against libel and slander, as well as coverage for aircraft and watercraft. Personal liability is often the largest single risk in high-net-worth households and can exceed other types of claims. Therefore, it's wise to choose a coverage that can protect your legacy.
In affluent households, the worth of the contents of your home can be higher or significantly lower than the worth of the home itself. However, standard homeowners insurance policies often overlook this detail and limit personal property coverage at low rates. Furthermore, these policies may reduce coverage for your personal property due to age or wear and tear, making it less helpful in the event of a claim.
Protecting your valuable collections requires more than just an insurance policy. These collections often consist of unique, one-of-a-kind items, heirlooms, or limited editions, which are difficult or impossible to replace.
People are increasingly using these collections as investment pieces to diversify their portfolios. Since passions and profits intersect, it's essential to insure these luxury collections at their true value and proactively safeguard them.
For complete protection, it is advisable to pair your high-value home insurance with coverage for floods or land movement. If you own a high-value home, you may already be aware of the limitations presented by the National Flood Insurance Program (NFIP) policies. However, recent changes in the rules for NFIP policies now make it easier to supplement your flood coverage or replace your NFIP policy with a private market solution.
Truska Insurance specializes in providing insurance coverage for high-net-worth households like yours. We help you find the right coverage at a competitive price, leveraging our years of experience and expertise in the industry.