Mackoul Blog: When Standard Homeowners Coverage Isn’t Enough - Mackoul Risk Solutions | Condominium and Co-op Insurance on Long Island, NY Skip to main content

Mackoul Blog: When Standard Homeowners Coverage Isn’t Enough

By July 24, 2013 April 15th, 2018 General Updates

If you own a luxury home, it may take more than your standard Homeowners Insurance policy to adequately protect your upscale property and the valuables inside. There are only a few insurance carriers that fully understand this market and have the skilled appraisers necessary to assess your high-value assets.

Mackoul & Associates can provide coverage for upscale homes with Luxury Home Insurance. Our underwriters are able to build a comprehensive plan assessing the worth of your home and any antiques, collectibles, jewelry, and fine arts inside. Our experts will ensure that they are properly covered in the event of major damage or loss due to fire or any other unpredictable disaster.

Unique Highlights include:

  • Guaranteed Rebuilding Cost (matching the building quality of your home)
  • Contents Replacement (without deductions for depreciation)
  • Landscape Coverage
  • Damage Caused By Domestic Pets
  • High Deductible Option (to reduce your monthly payment)

Optional Policy Enhancements:

  • Equipment Breakdown Coverage (to cover sophisticated electronics)
  • Green Rebuilding Coverage (allows you to restore, repair or replace items with environmentally friendly materials)
  • Extensive Flood Coverage (goes far beyond most federal flood program benefits)

Our extensively trained underwriters can walk you through the insurance process to make sure that the right amount of coverage is in place for your upscale home. If you would like to know more about Luxury Home Insurance, we would be happy to answer any questions you may have.