What is High Value Home Insurance?

Temecula, CA has a lot going for it. It’s safe, beautiful, has great schools, and is relatively affordable compared to many Southern California towns. Even so, buying a home here isn’t a cheap investment, and you’ll want to protect what’s likely one of your most valuable assets with a high value home insurance policy.

High Value Home Insurance vs. Regular Home Insurance

High value home insurance and regular home insurance both cover the home structure, your property, and personal belongings. Both types of insurance provide liability coverage. However, because expensive homes tend to have features and amenities that regular homes don’t have, high-value insurance coverage has higher coverage limits. Furthermore, high value insurance is designed to cover the cost of replacement building materials for historic homes, so homeowners can use the exact same building materials when doing repairs after a covered incident.

Some companies that sell high value home insurance also offer special policy add-ons to suit the needs of wealthy homeowners. These add-ons may include identity theft coverage, unlimited compensation for expenses related to loss of use of the home, and employment practices liability coverage for homeowners who hire full- or part-time workers in the home (e.g., gardeners, maids, nannies, etc.) High value home insurance companies may also offer premium service in the form of no-cost home inspections and/or a personal representative.

Call Friant Insurance Agency To Find the Best Type of Home Insurance for You

Our team at Friant Insurance Agency has the experience and expertise needed to help Temecula, CA homeowners from all walks of life find great home insurance at a great price. Call us to find out more about high value home insurance and what it offers to see if this type of coverage is a good fit for your situation.