As you look over the different types of insurance plans available, you may wonder whether you need Connecticut high net worth insurance or not. Perhaps you feel that you could get by with the typical home owner’s insurance coverage, and perhaps you feel that you need more than that. The following are some questions you can consider so that you know better whether or not you need the additional coverage.
How much is My Home Worth?
A home that is worth millions of dollars is an obvious clue that you should have Connecticut high net worth insurance. Luxury homes often come with luxury fixtures, carpets, tapestries, furnishings, art, and décor. In addition to the million dollar home, every item inside adds to its value. If your home and belongings add up to millions of dollars, high net worth insurance is definitely an option to consider.
What Extras do I Have?
In speaking of extras, things like jewelry, watercrafts, automobiles, and unique collections of art or wine should be considered. An antique automobile could be just as valuable as a brand new luxury vehicle. A collection of jewels passed down from your ancestors could be a valuable asset like the million dollar diamond you recently purchased. All of those things begin to add up and could be worth millions when grouped together. Connecticut high net worth insurance is the perfect coverage for such items.
If you want to protect your assets and are not sure how to go about it in the right way, visit with an insurance agent to learn more about high net worth insurance and to find out if you are a candidate for the coverage.