Should You Secure High Value Home Insurance for Your Plano Home?, high value home insurance in Plano, Texas

Should You Secure High Value Home Insurance for Your Plano Home?

Do you need high value home insurance in Plano, Texas to protect your home?

If you are the owner of a luxury home, you have no doubt invested a lot of time, effort, and money into creating your dream property. After putting so much into your home, the last thing you want to do is start all over again due to gaps in your homeowners insurance coverage. Unfortunately, if you are currently relying on a standard homeowners insurance policy, chances are that you do not have adequate coverage for your home and the possessions inside it. Here’s why you should consider upgrading to the comprehensive protection that only high value home insurance in Plano, Texas can provide.

  • Standard Home Insurance Vs. High Value Home Insurance

When it comes down to it, the main difference between a standard home insurance policy and a high value one is higher coverage limits. A high value homeowners insurance policy offers the same types of coverage as a standard policy, the scope of coverage and the coverage amounts are just expanded. For instance, high value home policies offer coverage for the structure of your home. However, they also extend this coverage to include all the additional structures on your property. Additionally, this property coverage comes with higher limits to ensure that your home’s high-end features and technologies can be completely repaired or replaced if a claim event does occur.

Keep in mind that this extended protection is not limited to property coverage. High value home insurance also offers increased personal property, loss of use, and personal liability coverage to better protect the assets of affluent individuals.

  • Do I Need This Coverage?

High value home insurance policies are recommended for individuals with homes that are worth over $750,000. While you can technically stick with a standard home policy, doing so is incredibly risky. If your home sustained major damage, your standard policy could only offer you a portion of the total compensation you are due. This means that you would be left to cover the remaining cost of rebuilding, repairing, and replacing all on your own. Ultimately, if you want to protect your home and the valuables inside it, you need the protection that only high value home insurance can offer.

Ready to secure the right high value home insurance in Plano, Texas?  Don’t hesitate to contact the experts at Tri-Star Insurance/HUB International.  Our dedicated team is ready to assist you with all your coverage needs today.