Homeowners Insurance

The marketplace for homeowners insurance is changing swiftly, no longer is it the norm to insure your multi-million dollar home with your standard homeowners insurance policy.
Several insurance companies offer specific contracts for the multi-million dollar home. These insurance contracts offer coverage and terms that were frowned upon in the industry such as "Guaranteed Replacement" and unlimited coverage.
Insurance companies have provided unprecedented benefits for the high-net worth individual purchasing these multi-million dollar homes. You may be familiar with the California wildfires that destroyed dozens of homes, one particular insurance company saved 12 homes by dispatching its own fire company to place fire retardant on its insureds homes to prevent damage. The insurance companies are putting together hurricane preparedness units to avoid paying millions in damages. The benefit to the insured is obvious, the home is not severely damaged, Irreplaceable items are saved. The benefit to the insurer is millions of dollars saved not paying claims.
The personal lines insurance industry is taking a page from the commercial sector and providing loss prevention and risk management as opposed to sitting back and waiting for a catastrophe. The new realm of insurer's no longer provides the standard cookie-cutter homeowners policy.
What's your home worth? Have you looked at what your homeowner policy covers.
Homeowner insurance is overlooked until you have a claim and then its too late. Review your insurance annually. Follow this link to Trident Insurance Agency and we'll review it with you. Don't wait