INSURANCE FOR
BUSINESS STRATEGIES FOR
What High-Net-Worth Household Coverage Protects
Affluent households have exposures that go far beyond standard home and auto policies. High-Net-Worth Coverage provides elevated protection for your:
✓ Primary & secondary homes
✓ High-value personal property
✓ Luxury and exotic vehicles
✓ Jewelry, art, and collectibles
✓ Liability and household staff
✓ Vacation homes & rentals
✓ Boats, planes, and specialty assets
This coverage closes gaps that traditional insurance leaves open—ensuring your lifestyle, assets, and privacy remain protected.
High-Net-Worth Household Coverage typically includes:
High-Value Home Insurance
Broader protection with higher limits, guaranteed or extended replacement cost, and coverage for custom features.
Valuables & Collections
Worldwide, all-risk coverage for jewelry, fine art, wine, guns, watches, and collectibles.
High-Value Auto & Exotic Vehicle Coverage
Agreed value protection, OEM parts, worldwide rental coverage, and specialty claims handling.
Personal Excess Liability
$5M–$100M+ umbrella coverage for lawsuits, libel/slander, teen drivers, and household employees.
Household Staff Coverage
Protection for nanny, gardener, chef, driver, or domestic staff exposures—often required by law.
Cyber & Identity Protection
Coverage for financial fraud, cyber extortion, data breaches, and digital privacy threats.
Note: High-net-worth carriers offer specialty claims response teams with white-glove handling, privacy protection, and rapid settlement options.
Why High-Net-Worth Coverage Isn’t Optional
Traditional personal insurance is not designed for high-asset households. Without proper coverage, you may face:
Insufficient home or auto limits
Major exposure to lawsuits
Underinsured luxury homes or valuables
No protection for staff-related liability
Gaps in cyber and identity theft coverage
Limited protection for global travel
Common risks for affluent families include:
Major liability claims (auto accidents, property injury, social media activity)
Loss of high-value jewelry or art
Wildfire, flood, or catastrophic property loss
Domestic employee disputes or injuries
Cyber fraud or personal data compromise
Custom protection ensures your assets and lifestyle remain secure.
How We Match You With the Right Policy
Every carrier evaluates risk differently. We guide you through:
Industry classification
Employee exposure
Risk factors
Operations and service areas
Contract requirements
Loss history
Coverage limits and endorsements
Then we shop multiple top-rated carriers to compare pricing and coverage options.
As CEPA-informed advisors, we also ensure your liability structure supports your broader business goals, cash flow, and long-term value.
Why Businesses Trust Wasatch Preferred
Fast Certificates
COIs delivered quickly so you never miss a job or delay operations.
Competitive Carrier Access
We represent top carriers across Utah, giving you more choice and stronger options.
Clear Guidance
We simplify the process so you understand your policy—and your protection.
Strategic Insight
Insurance isn’t just a requirement—it’s a financial safeguard. We help ensure your coverage aligns with your business performance and future goals.
Get a General Liability Quote
Whether you’ve had coverage for years or are getting your first policy, we make the
process simple and fast.
Insurance products are offered through Wasatch Preferred.
Coverage availability and eligibility vary by carrier and state.
CEPA advisory services are provided in a non-fiduciary,
non-investment advisory capacity and do not include legal,
tax, or investment advice.
Insurance services are provided by properly licensed agents.
License information is available upon request and varies by state.
Insurance products are offered through Wasatch Preferred.
Coverage availability and eligibility vary by carrier and state.
CEPA advisory services are provided in a non-fiduciary,
non-investment advisory capacity and do not include legal,
tax, or investment advice.
Insurance services are provided by properly licensed agents.