Personal Risk
Auto Insurance.
High-net-worth individuals face auto liability exposure that is disproportionate to their policy limits: plaintiffs' attorneys target wealthy defendants, and a serious accident can produce claims that exhaust a standard auto policy limit and reach into personal assets. Agreed value coverage for luxury vehicles, collector cars, and high-performance automobiles requires a carrier that understands these assets' true value.
Personal Auto Insurance for High-Net-Worth Individuals
High-net-worth individuals face auto liability exposure that is disproportionate to their policy limits: plaintiffs' attorneys target wealthy defendants, and a serious accident can produce claims that exhaust a standard auto policy limit and reach into personal assets. Agreed value coverage for luxury vehicles, collector cars, and high-performance automobiles requires a carrier that understands these assets' true value.
How OnePark Risk Helps
OnePark Risk places personal auto programs with carriers that provide agreed value coverage for luxury and exotic vehicles, high liability limits, and favorable claims handling for high-value vehicles that require specialty repair shops and OEM parts. We coordinate your personal auto program with your personal umbrella to ensure the underlying liability limits satisfy the umbrella's attachment requirements.
High-Net-Worth Personal Auto Coverage
- Agreed value coverage for luxury, exotic, and collector vehicles
- High liability limits aligned with personal umbrella attachment
- OEM parts requirements and specialty repair shop access
- Rental reimbursement at comparable luxury vehicle level
- Gap coverage for financed or leased high-value vehicles
- Uninsured motorist protection at high limits for wealthy defendants