High Value Home Insurance

Every residence requires adequate homeowners insurance to ensure complete protection. For proprietors of high-value homes, it’s imperative to customize their homeowners policies to encompass the elevated value of their property. At Kinneman Insurance, we are committed to helping you get home insurance solutions for your high-value home. We offer policies in Alexandria, McLean and beyond, and we’ll work with you to put together the high-value home policy that fits your needs. 

Call us today or request a free online quote!  

What is High-Value Homeowners Insurance?  

If you possess homes valued at over $750,000, it’s highly advisable to contemplate additional coverage. High-value home insurance provides added assurance and safeguards for properties that entail substantial expenses for repair or reconstruction. Typically, it furnishes augmented coverage limits tailored to higher-value homes, guaranteeing comprehensive protection against unforeseen circumstances. This particularly applies to properties of historical or architectural importance or those constructed with rare and costly materials.

What Does High-Value Homeowners Insurance Cover?  

High-value home insurance policies offer coverage for an array of potential expenses that could impact your dwelling yet might not be encompassed within typical homeowners insurance, including:

• Home inspections—Insurance providers may cover the cost of home inspections. Policyholders and providers can help ensure the property is appropriately safeguarded by conducting these necessary evaluations.
• Partial losses—In cases where only a minor portion of your home sustains damage, high-value insurance can assist in ensuring that repairs and replacements accurately match the original materials.
• Sewer and pipe issues— Although most homeowners insurance policies don’t encompass protection for drainage, sump pump and sewer issues, high-value coverage frequently includes such provisions.
• Employment practices liability claims—A high-value policy can extend coverage for such claims if an employee working within your residence makes allegations of unfair treatment or wrongful termination.
• Damage to pairs or sets—In cases where damage affects property arranged in sets or pairs, like furniture, this coverage facilitates policyholders in replacing the complete collection, including undamaged items.
• Temporary living expenses—In situations where a covered loss renders your home uninhabitable, a high-value home policy can assist in covering the costs of temporary housing and meals.
  

There may be additional lines of coverage or riders that you may want to consider, depending on your situation. A Kinneman Insurance agent can work with you to determine how to tailor your coverage best.  

How to Get High-value Home Insurance 

Kinneman Insurance is here to help you find the right insurance solution to protect your high-value home adequately. We serve Alexandria, McLean and the surrounding areas, and we’ll work with you to put together the high-value home policy that fits your needs.