High Value Insurance Policies Offer Greater Protection for Atlanta Homes

Most homeowners are not comfortable taking the risk of a fire or severe weather damaging their home, so they purchase Atlanta home insurance to protect their investment. If you own a high-value home, you need a more robust policy to make sure you receive reimbursement for damage when you need it the most.

While any homeowner can be the victim of a property crime such as vandalism or theft, your home valued at over $750,000 may stand out as a target for criminals. Unfortunately, recent property crime statistics in Atlanta make this a legitimate concern.

High Incidence of Property Crime in Atlanta

Someone commits a property crime in Atlanta more than 23,000 times every year. That means one homeowner becomes a property crime victim for every 22 who live in the city. Your home is worth more than the average home in Atlanta, and you likely have many valuable items inside. When you obtain high-value home insurance in Atlanta, it provides you with valuable peace of mind should the unthinkable happen to you.

Severe Weather Conditions in Atlanta

Atlanta experiences its share of severe weather just like anywhere else. From thunderstorms to hail, flooding, high winds, and even snowstorms and sleet, it only takes one severe weather event to cause extensive damage to your home. High-value home insurance in Atlanta protects your investment when a tree falls on your home, your basement floods, or you have other serious weather-related damage. Property crime and severe weather are just two of many examples of when you may need greater financial protection for your high-value home.

Does Your Atlanta Home Insurance Consider the Value of Your Home?

The typical homeowners’ insurance policy operates on the standard of average coverage when paying to replace items, repair the home, or cover a lawsuit by someone injured on your property. These coverage limits will not be enough to meet your needs. High-value home insurance in Atlanta comes with additional coverage and higher limits than the standard homeowners’ insurance policy. Here are some of the benefits you can expect with high-value home insurance in Atlanta:

  • Reimbursement of additional living expenses if you have to live away from the residence while it undergoes repair.
  • Personal liability coverage for loss assessments, medical payments, defamation, libel, slander, and more.
  • Replacement cost of valuable possessions: High-value home insurance in Atlanta typically offers the full replacement cost of valuables such as jewelry and fine art. Standard homeowners’ insurance policies often charge an additional premium to insure these types of items.
  • Structural replacement or repair: Coverage for structural damage usually only covers the actual cost to rebuild the home with a standard policy. Atlanta home insurance for high-value homes generally offers guaranteed or extended replacement cost coverage. This allows you to receive reimbursement for rebuilding even if it costs more than your coverage limits. Insurance for high-value homes can be especially valuable when the home has uniquely designed architecture or interior design.

Work with Atlanta Insurance to Find the Best Policy for High-Value Homes

We contract with the best insurance companies in Atlanta to find you an affordable, benefit-rich policy for your high-value home. We do the research for you and then you choose the insurer that best meets your needs. Please contact us today for more information or to request a quote.