Insurance for Luxury Homes and Second Homes

Here are some ideas about homeowners insurance from my friend (and insurance agent) Eric Kossian at Leavenworth Insurance.

Most standard home insurance policies provide little, if any, coverage for the following:

Unlimited dwelling replacement cost for your home. 20% of homeowners are underinsured after a total loss and had to pay the extra out of pocket; often many tens of thousands of dollars because the agent didn't estimate the replacement cost correctly. I'm one of the few agencies statewide offering unlimited dwelling replacement; a Comprehensive Loss** policy (not limited to 17 Named Perils) and including Identity Theft Reimbursement of $25000, $10000 Back Up of Sewer/Drain, no theft limit on Tools, Rented Watercraft (excluding jet ski type) liability (30 days max) and Rented Watercraft property damage to $25000, Personal Injury Liability, no limit for electronic apparatus in or on a motorized vehicle, reasonable expense for lock replacement if key stolen, personal items in storage covered, and Ordinance and Law (especially needed on older homes) covered to blanket limit. Almost all clients save money too! And we do most log homes, course of construction policies and vacation nightly rentals too.

Affluent Clients also need higher liability limits starting of 1 million or more. This is done thru an Personal Excess Liability** Policy providing extra liability on each car and home and Excess Uninsured Motorist coverage for your injuries of 1 million. This includes liability in a skiing, hunting, snowmobiling or fishing accidents. Most companies do not even offer excess Uninsured Motorist.

My Auto Insurance** Clients can get Replacement Cost (not ACV) if new vehicle totaled in 1^st 12. mo., Worldwide Liability for car rental, Loss of Use for damaged rental car, Free liability and property damage coverage for Rented vehicles, motorhomes and recreational vehicles. Again, most companies offer little, if any, coverage in these areas. Almost all clients save money too!

Leavenworth Insurance specializes in providing exceptionally broad insurance coverage provisions for "affluent clients" throughout Washington State by utilizing high technology. We use only very financially sound companies, offering high levels of financial and rate stability. Leavenworth Insurance -"Exceptional Coverage for Exceptional Clients."

Eric Kossian worked for State Farm Insurance for 10 years, ending his career as an Underwriting Specialist. He started Leavenworth Insurance in 2003 to focus on the special needs of homeowners and high-valued homeowners throughout Washington State who are underserved by most insurance agents & companies.

Eric can be reached at (509) 548 - 5488 or leavenworthinsurance@gmail.com His office is located right next to Jerry's Auto Supply at 11756 Hwy 2.