Uncompromising Coverage.
Unwavering Peace of Mind.
New York High Value Home Insurance.
Safeguard Your Legacy
Protect Your New York Luxury Home | High Value Home Insurance Agency
At High Value Home Insurance Group, we understand the unique challenges of insuring high-value homes in New York.
From the bustling streets of Manhattan to the serene shores of Long Island, luxury properties face a myriad of risks, including theft, liability lawsuits, and natural disasters like hurricanes and nor’easters.
That’s why we offer meticulously personalized insurance solutions designed to safeguard your legacy and provide ultimate peace of mind.
Together, we’ll explore the key features of high-value home insurance, discuss why it’s essential for New York homeowners, and share expert tips for protecting your valuable assets.
Ready to secure your slice of the Big Apple?
Request a free quote today!
Why New York Homeowners Need High-Value Insurance
New York’s coastal location makes it vulnerable to severe storms, which can cause widespread damage to luxury homes.
High-value properties often feature intricate rooflines, custom windows, and elaborate landscaping that can be costly to repair after a hurricane or nor’easter.
Comprehensive coverage is essential to protect against wind, rain, and storm surge damage.
New York’s frigid winters can wreak havoc on luxury homes, causing pipes to freeze and burst, leading to extensive water damage.
Ice dams can also form on roofs, causing leaks and interior damage to high-end finishes.
High-value insurance policies typically offer higher limits for water backup and sump overflow, as well as coverage for mold remediation.
New York’s historic brownstones and townhouses are coveted luxury properties, but they come with unique risks.
Aging infrastructure, shared walls, and strict landmark preservation rules can make repairs and renovations challenging.
High-value policies can provide specialized coverage for these unique dwellings, including ordinance or law coverage to address the added costs of complying with building codes.
Many high-net-worth individuals own luxury co-ops or condos in New York City, which present distinct insurance challenges.
These properties often have complex master insurance policies that can leave gaps in coverage for individual unit owners.
High-value insurance can provide tailored coverage for a co-op or condo owner’s personal property, custom renovations, and personal liability exposures.
New York’s affluent residents often possess extensive collections of fine art, antiques, jewelry, and other precious items.
These valuables are not only monetarily significant but also hold immense sentimental value, often being passed down through generations.
High-value insurance policies can provide agreed value coverage for these treasured possessions as an option for your valuable personal property coverage policy.
Ensuring they are fully protected against loss or damage.
What We Offer
Essential Coverages for High-Value Homes in New York
Dwelling Coverage Fit for a New York Mansion
When insuring a brownstone on the Upper East Side or a waterfront estate in the Hamptons, you need dwelling coverage that can keep pace with New York’s high construction costs and strict building codes.
Our policies offer extended replacement cost up to 200% of your dwelling coverage limit, so even if labor shortages or supply chain issues inflate repair costs, you can rebuild your luxury home to its former glory.
Extended replacement cost up to 200% of dwelling limit
Guaranteed replacement cost to rebuild to original specs
Ordinance or law coverage for compliance with updated building codes
Coverage for unique architectural features and artisan craftsmanship
Liability Coverage to Shield Your Assets
In a city known for its litigious environment, high-net-worth individuals face a higher risk of liability lawsuits.
From slip-and-fall claims at your Tribeca loft to libel allegations stemming from your Met Gala appearance, our liability coverage shields your assets from a wide range of scenarios.
With limits up to $100 million and optional endorsements for household staff and philanthropic endeavors, you can pursue your passions without the looming fear of litigation.
Coverage limits up to $100 million to protect your wealth
Personal injury coverage for libel, slander, and defamation lawsuits
Employment practices liability for domestic staff
Directors & officers liability for non-profit board positions
Personal Property Coverage for Your New York Lifestyle
From the latest fashion trends to priceless heirlooms, your personal property is a reflection of your unique style and legacy.
That’s why our policies provide worldwide coverage for your belongings, whether you’re shopping on Fifth Avenue, vacationing in the Catskills, or jet setting abroad.
With agreed value coverage for your valuable collections and generous limits for jewelry and luxury items, you can live the New York high life with peace of mind.
Worldwide coverage for your possessions, even while traveling
High limits for jewelry, watches, furs, and handbags
Agreed value coverage for fine art, wine collections, and antiques
Replacement cost coverage for designer furniture and home goods
Loss of Use Coverage to Maintain Your Standard of Living
When a covered loss makes your luxury home uninhabitable, the last thing you want is to downsize your lifestyle.
Our loss of use coverage, also known as (ALE) Additional Living Expenses Coverage provides ample funds to secure temporary housing that matches the comfort and sophistication of your New York residence.
And if your home is rented out as an investment property or pied-à-terre, we’ll replace that lost income too.
With no time limits on loss of use coverage, you can take the time you need to rebuild your home to perfection or even purchase a permanent replacement residence if you prefer a fresh start.
Generous allowances to cover temporary housing and living expenses
Coverage for lost rental income from tenant-occupied properties
No time limit on loss of use coverage while home remains uninhabitable
Option to settle into a permanent new residence if you prefer not to rebuild
The Benefits of Choosing High Value Home Insurance Group
Financial Security: A Fortress Around Your Assets
Exceptional liability limits up to $100 million to safeguard your wealth
Guaranteed replacement cost coverage to rebuild your luxury home to its exact prior specifications
Inclusive personal property coverage that protects your valuable possessions worldwide
Tailored Solutions: A Bespoke Fit for Your Unique Needs
We’ve cultivated relationships with the nation’s leading insurance carriers such as Chubb, Travelers, Cincinnati Financial, Auto Owners, and AIG who specialize in serving high-net-worth individuals.
These top-rated companies have the financial resources and expertise to properly insure your luxury home and valuables.
When you work with High Value Home Insurance Group, you can trust that your policy is backed by a carrier with a proven track record of financial stability and exceptional claims service.
Concierge Claims Service: White-Glove Support When You Need It Most
Dedicated claims specialists available 24/7 to assist you in the aftermath of a loss
Swift and seamless claims process, with emergency mitigation, white-glove repairs, and discreet replacement of prized possessions
Coordination with your team of advisors, including family offices, trust officers, and wealth managers, for a cohesive response to your loss
Premium Protection: Generous Perks for the Discerning Homeowner
Cash settlement options in the event of a total loss, giving you the freedom to rebuild or start fresh
Complimentary customization and risk management advice to identify potential hazards and minimize your exposure to loss
Vehicle and watercraft enhancements, such as agreed value coverage for classic cars and liability protection for yachts
Travel and collections benefits, including worldwide personal liability coverage, emergency evacuation assistance, and market appreciation protection
Extensive Experience: Unmatched Expertise in High-Value Home Insurance
Decades of experience insuring luxury homes and serving high-net-worth individuals in New York
Deep understanding of the unique risks and challenges facing high-value properties in the Empire State
Established relationships with premiere carriers and a curated network of restoration specialists, appraisers, and risk management experts
White-Glove Service: Personalized Attention at Every Step
Dedicated account managers who take the time to understand your unique needs and preferences
Proactive communication and regular policy reviews to ensure your coverage keeps pace with your evolving lifestyle
Concierge-level support for all your insurance needs, from claims assistance to risk management consultations
Safeguard Your Slice of the Big Apple
Financial Advisor?
Get in touch with our dedicated insurance brokers to discuss how we can provide precise coverage for your high net worth clients.
People Also Ask
Common New York High-value Homeowners Insurance Questions
As a high-net-worth homeowner in New York, you face a unique set of challenges when it comes to zoning and building regulations.
From historic preservation districts to coastal erosion hazard areas, the rules can vary widely depending on your property’s location and characteristics.
That’s where High Value Home Insurance Group comes in.
Our team of New York insurance experts stays up-to-date on the latest zoning laws and building codes, so we can help you understand how they impact your coverage needs.
Whether you’re renovating a landmarked brownstone or building a new waterfront estate, we’ll work with you to ensure your home is properly protected and compliant with all applicable regulations.
We can also connect you with a network of trusted advisors, including architects, contractors, and permit expediters, to help you navigate the complex world of New York real estate.
New York’s coastal location and diverse geography make it vulnerable to a range of climate-related risks, from severe winter storms to hurricanes and storm surges.
High Value Home Insurance Group understands the unique perils facing high-value homes in the Empire State, and we’ve designed our policies to provide comprehensive protection against these risks.
Our dwelling coverage includes extended replacement cost up to 200% of your policy limit, ensuring you have ample funds to rebuild your luxury home to its prior specifications, as well as landscaping coverage to rebuild your desirable landscaping or hardscaping features.
We also offer generous loss of use allowances, so you can maintain your standard of living while your home is being repaired.
We also recommend umbrella coverage for when your limits are exhausted to ensure full protection.
And with our proactive risk management advice, we’ll help you identify ways to harden your home against future storms, such as installing impact-resistant windows or elevating critical systems.
Absolutely!
We understand that many high-net-worth individuals in New York own co-ops or condos, particularly in sought-after Manhattan neighborhoods like the Upper East Side, Tribeca, and Greenwich Village.
Insuring these properties comes with its own set of challenges, from understanding the building’s master policy to protecting your custom renovations and high-value contents.
At High Value Home Insurance Group, we specialize in crafting personalized insurance solutions for luxury co-ops and condos.
We’ll work with you to review your building’s master policy and identify any gaps in coverage, such as for damage to your unit’s interior structure or liability claims arising from your own negligence.
We can also provide agreed value coverage for your valuable collections, ensuring they’re fully protected whether displayed in your home or stored offsite.
With our tailored approach to co-op and condo insurance, you can enjoy the quintessential New York lifestyle with ultimate peace of mind.
High Value Home Locations We Protect
Albany
Amherst
Bedford
Binghamton
Brentwood
Brooklyn
Brookhaven
Brookville
Buffalo
Cheektowaga
Clarkstown
Clay
Coram
Cortlandt
Fifth Avenue
Freeport
Greece
Greenburgh
Hamptons
Hempstead
Henrietta
Hewlett Bay Park
Hicksville
Huntington
Irondequoit
Islip
Levittown
Long Island
Manhattan
Mount Pleasant
Mount Vernon
New Rochelle
New York City
Niagara Falls
North Hempstead
Orangetown
Oyster Bay
Penfield
Perinton
Plandome
Poquott
Queens
Ramapo
Rochester
Rye
Sag Harbor
Sands Point
Saratoga Springs
Scarsdale
Schenectady
Smithtown
Southampton
Staten Island
Syracuse
The Bronx
Troy
Union
Utica
Valley Stream
Westchester County
West Babylon
West Seneca
White Plains
Yonkers
Upper East Side (Matthattan)
Upper West Side (Matthattan)
