Maryland High Value Homeowners Insurance Coverage

High-value homeowners insurance provides specialized coverage for properties typically worth $1 million or more. It offers extended replacement cost. Enhanced personal property protection follows.

Higher liability limits complete the package. Maryland homeowners with luxury features, valuable collections, or custom architecture need this coverage because standard policies fall short.

Luxury coverage includes comprehensive jewelry coverage without restrictive sub-limits. Extended replacement cost rebuilds your home regardless of policy limits.

Enhanced personal property protection covers fine art and antiques. Significantly higher liability limits protect your assets. Specialized claims support ensures proper attention.These features address gaps standard policies can’t fill.

Costs vary based on property value, location, and coverage needs. Luxury home insurance typically costs 15% to 30% more than standard coverage.

But proper protection justifies the investment. Our personalized consultation evaluates your specific situation. We find optimal coverage at competitive rates.

Our 20+ years of experience sets us apart. Local Maryland expertise makes the difference. Multi-state capability adds value.

We offer a “Smart & Easy” consultation process. Personalized relationships replace corporate treatment. Deep understanding of luxury property risks separates us from national firms who often miss critical details.

Our process includes four steps. Property evaluation comes first. Coverage analysis follows. Personalized solution development continues the process.

Ongoing support completes our commitment. We assess your home’s unique features, identify coverage gaps, and craft tailored solutions. Schedule your consultation to experience expert guidance.

The Allen Thomas Group partners with premier high-value insurance specialists including Chubb Insurance, AIG Private Client Group, PURE Insurance, Nationwide Private Client, and other A+ rated carriers. These specialty insurers focus exclusively on luxury homes and high net worth insurance, offering coverage options unavailable through standard providers. Our insurance brokers in Maryland have established relationships with these carriers, giving you access to comprehensive protection, competitive Maryland insurance premiums, and exceptional claims support designed for properties valued at $1 million or more.

Standard homeowners insurance in Maryland typically covers homes up to $750,000 and caps personal property at 50% of dwelling coverage. High value homeowners insurance covers properties $1 million+ with no percentage-based limits.

This means if you own a $2 million Maryland home, standard insurance might only pay $750,000 to rebuild, leaving a $1.25 million gap. High value policies provide extended replacement cost, covering actual rebuilding expenses regardless of policy limits.

For valuables, standard Maryland homeowners insurance policies limit jewelry to $1,500, art to $2,500, and collections to minimal amounts. High value insurance provides comprehensive coverage matching actual values, often with worldwide protection and no sub-limits. You also receive significantly higher personal liability coverage (up to $100 million vs. standard $300,000), protecting your assets from lawsuits.