Are you a high-net-worth individual needing specialized coverages?
You have worked hard to accrue your net worth. Having inappropriate coverage or insufficient liability limits may be the largest risk to your financial security. Here at Roark & Sutton, we understand the best coverage is not always the least expensive, and we want to help our clients understand this as well. The elaborate lifestyles of high-net-worth individuals can produce unique exposures. Let us ensure you are properly protected and have adequate coverage limits by working with you and our contracted specialty carriers.
Your home – Your home is extraordinary, and just the way you want it with custom and unique features. We can place you with a carrier that won’t haggle over replacing your home with the same custom and unique features should something happen. Decide you do not want to rebuild after a total loss? Many insurance companies will not write you a check unless you rebuild; we work with carriers who will. Ever hear from someone that their insurance provider did not provide them with enough money to rebuild? We understand that estimating the cost to rebuild your home is not an exact science; we can place you with a carrier that can give you peace of mind by offering guaranteed replacement cost, even when the actual cost to rebuild surpasses your policy’s coverage limits.
Automobile – Not all auto insurance policies are created equal. We are contracted with carriers that offer choices and features not typically found in standard policies. Whether you own everyday automobiles, luxury vehicles, extravagant motorhomes, or a collection of classics, you can rest assured we will find insurance that exceeds your everyday expectations. Ever been told your permissive drivers will only be covered at “step-down limits”? You do not have to accept this with the carriers we use. Ever heard from someone that they got hit by an uninsured driver and discovered there was not enough uninsured motorists coverage to take care of the medical bills or quality of life post bodily injury? We work with carriers that provide an abundance of coverage here.
Jewelry, Art & Collections – When it comes to your valuables, what you possess may be worth more to you than dollars and cents. Whether you own a couple of pieces of valuable jewelry or an extensive collection of carefully chosen and thoughtfully organized wine or art, ample and customized coverage is of the utmost importance. Let us take care of this for you.
Watercraft – Own a sailboat or a luxury yacht or something in between? Will your watercraft be used in domestic waters or international waters? The carriers we work with allow you to cruise no matter the itinerary with the knowledge that your watercraft is protected.
Personal Excess Liability – High-net-worth lifestyles may mean owning multiple homes, having high-dollar toys, employing household staff, and more may also expose you to an above-average number of liability risks. Lost lawsuits can threaten your wealth, future earnings and the legacy intended for future generations. No matter the amount of excess liability coverage needed to protect your assets, we can find a carrier that will provide it. Legal defense costs are covered and will not decrease the amount available to pay damages. Did you know that some carriers even allow you to choose representation from among a panel of trusted attorneys and defense counsel? There is no need to settle for less-than-adequate coverage.