Standard policies weren't designed for high-value homes, luxury vehicles, fine art, or complex estates. I work with specialty insurers who understand the true value of what you've built — and protect it accordingly.
Discuss My High-Value CoverageHigh-net-worth individuals and families have needs that go well beyond standard insurance. I access specialty markets — including Chubb, Aviva Premiere, and others — that offer the breadth and depth of coverage your assets require.
Homes valued over $1M require coverage designed for their true replacement cost — including premium materials, custom finishes, and architectural details that standard policies don't account for.
Agreed value coverage for your luxury vehicle, exotic car, or collector vehicle — so you're never paid less than what your vehicle is actually worth.
Scheduled coverage for artwork, jewellery, wine collections, antiques, and other high-value items that are underinsured or excluded by standard home policies.
From luxury yachts to personal watercraft, marine insurance protects your vessel, equipment, liability, and more — on the water and at the dock.
A high-net-worth umbrella policy provides significant liability protection above your primary policies — safeguarding your wealth, reputation, and future earnings.
If you own multiple properties — primary residence, vacation home, investment properties — I can build a consolidated program that covers everything under one efficient structure.
Most people don't realize their standard home or auto policy has significant gaps when it comes to high-value assets. Here's how specialty coverage compares — and why it matters.
| Coverage Feature | Standard Policy | Specialty Policy |
|---|---|---|
| Home valuation | Market value | Guaranteed replacement cost |
| Jewellery limit | $5,000–$10,000 | Scheduled, no sub-limit |
| Art coverage | Limited / excluded | Agreed value, worldwide |
| Luxury vehicle | Actual cash value | Agreed value |
| Liability limit | $1M–$2M | $5M–$25M+ |
| Claims service | Call centre | Dedicated concierge |
Specialty coverage for items that standard policies undervalue or exclude
Common questions from high-net-worth clients and families about specialty insurance coverage in Ontario.
Generally, homes with a replacement cost above $750,000–$1M, custom features, premium materials, or complex architecture benefit most from specialty coverage. Even if your home's market value is lower, the cost to rebuild it — especially with custom millwork, imported materials, or smart home systems — may exceed what a standard policy covers.
Agreed value means you and the insurer agree upfront on the value of the insured item — and that's exactly what you receive in a total loss, with no depreciation. Standard policies often pay actual cash value, which factors in depreciation and can leave you significantly undercompensated. For luxury vehicles, fine art, and jewellery, this difference can be enormous.
Standard home policies include jewellery and art up to relatively low sub-limits — often $5,000–$15,000 for jewellery and similar caps for art. For significant collections, you need scheduled coverage that insures each item at its appraised or agreed value, worldwide, with no deductible in many cases.
A general rule of thumb is to carry umbrella liability equal to or greater than your net worth. High-net-worth individuals are often targeted in lawsuits because of perceived wealth. I typically recommend at least $5M for clients with significant assets, and we can discuss higher limits depending on your lifestyle — including staff, watercraft, horses, or extensive travel.
For scheduling high-value items, insurers typically require a current appraisal — usually within the last 3–5 years. I can point you toward reputable appraisers for different asset types. Regular reappraisals are also important since values fluctuate, and an outdated appraisal can leave you underinsured.
The premium is higher in absolute terms, but the coverage is dramatically broader — and the claims experience is far superior. Many clients find the cost difference is modest relative to the value of assets being protected and the peace of mind that comes with knowing their coverage won't fall short when they need it most.
High-value and specialty insurance requires a more detailed conversation. Reach out and I'll take the time to understand your assets, your lifestyle, and your coverage needs before making any recommendations.