How to Insure Your Luxury Home
September 23rd, 2008 Categories: Buying a Home
It’s not just current market value that determines how your home is appraised and for how much it’s insured for. A skilled appraiser needs to consider the fine details of your home. Here’s an excerpt from a post by Roberta Murphy (thanks Roberta)…
It is important for the luxury home to be insured at full replacement value, especially when fine craftsmanship and materials have been used in constructing or improving the home. Schussel said that when Chubb takes on the task of restoring the home to its original condition, they take the task very, very seriously. Restoration could involve flying plasterers in from Ireland to restore a mansion in San Diego or an estate in Connecticut.
Click here to read the rest of the article…Insuring Luxury Homes
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it is essential that your luxurious home is secured and nothing beats the knowledge that you insured it full value
Comment by malaysia property — October 2, 2008 #
I completely agree.
It is very important to take proper care of any property in order to maintain its value, this includes insuring it.
Valerie
Comment by Valerie Fitzgerald — October 21, 2008 #