Casper High Net Worth Insurance Offers Better Protection
Casper is often called “the Oil City” due to its history as an oil boomtown. Indeed, oil brought great fortune to many Casper residents in the 1890s, and crude oil continues to fuel the local economy. The financial legacy of this phenomenon can be seen in the concentration of affluent households in the area that need Casper high net worth insurance.
Although the median household income for Casper is $59,412, there are many residents who earn much more. According to statistics, there are nine billionaires in Wyoming and nearly 15,000 millionaire households, with many of these people residing in Casper.
In addition to oil, Casper is home to lucrative industries such as mining, wholesale trade, and agriculture. If you’ve made your fortune in one of these fields, or any other industry, you need the right insurance policy to protect your wealth and your assets.
High Earners Need Additional Insurance Coverage
Most high net worth individuals own at least one home. You may even own several or maintain a portfolio of properties. These properties are likely worth a considerable sum, and insuring them isn’t as easy as simply picking a policy. You need an insurance program that covers the full value of your assets.
When it comes to your home, for example, your policy must account for unique architectural features and luxury design elements that increase its overall value. A typical homeowner’s insurance policy usually won’t cover every component of your home’s value, which illustrates the need for a specialized policy.
Other assets that demand protection include art collections, fine jewelry, and luxury vehicles. Rather than insuring each of these exposures individually, you can invest in Casper high net worth insurance to protect all of the things you care about the most. HUB International will design a personalized policy that’s tailored to your assets and liabilities.
Casper High Net Worth Insurance Covers Unique Risks
High net worth households must also take care to minimize liabilities that pose a threat to their assets. Unfortunately, having a high net worth may attract unwanted attention, and you must be mindful of any potential risk to your wealth.
This means securing your assets against theft and other common liabilities. A high net worth insurance policy from HUB International is designed to account for exposures like this. Count on responsive risk management and consistent communication when it comes to protecting you and your lifestyle.
Whether that lifestyle includes exotic travel or time spent with family, we’re here to ensure that you’re protected. You deserve the freedom to live without fear. Insurance allows you to enjoy your assets without constantly worrying about potential liabilities and losses.