Personal Risk
Homeowners Insurance.
Standard homeowners policies written for average home values are often inadequate for high-net-worth individuals whose primary residences feature custom construction, high-end finishes, smart home infrastructure, and replacement costs that standard market insurers decline to underwrite. A claim settled at inadequate policy limits forces the homeowner to absorb a significant gap between the payout and the actual cost to rebuild.
Homeowners Insurance for High-Net-Worth Individuals
Standard homeowners policies written for average home values are often inadequate for high-net-worth individuals whose primary residences feature custom construction, high-end finishes, smart home infrastructure, and replacement costs that standard market insurers decline to underwrite. A claim settled at inadequate policy limits forces the homeowner to absorb a significant gap between the payout and the actual cost to rebuild.
How OnePark Risk Helps
OnePark Risk places high-value homeowners programs with carriers that specialize in luxury residential risk: guaranteed replacement cost with no cap, extended replacement cost provisions, cash settlement options, and loss settlement practices that do not require competitive bids or depreciation deductions. We conduct replacement cost appraisals to ensure policy limits accurately reflect the true cost to rebuild your residence.
High-Value Homeowners Program Features
- Guaranteed or extended replacement cost with no upper limit
- Custom construction and luxury finishes coverage
- Cash settlement option without requiring competitive bids
- Smart home and home automation systems coverage
- Service line and underground utility coverage
- Lock replacement and identity fraud expense coverage