Specialty Insurance
Specialty insurance is coverage designed to protect unique, high-value assets that often fall outside the scope of standard personal insurance policies. Whether it’s a yacht, private jet, exotic sports car, or classic automobile, specialty insurance provides tailored protection to safeguard your passions and investments.
Having the right specialty insurance policies is a vital part of a comprehensive risk management strategy that helps protect not only your property but also your lifestyle. Our agency is here to help you with all of your specialty insurance needs. Call Prestige Planning today to learn more or to get a free, no-obligation quote.
Every client’s specialty insurance needs vary and may be influenced by asset type, usage, and value. A few standard policies include the following:
- Watercraft insurance — Coverage for yachts, sailboats, and other personal vessels. Policies can include hull protection, liability coverage, and options for worldwide navigation, ensuring your watercraft is protected whether docked or at sea.
- Aircraft insurance — Designed for private planes and helicopters, this coverage can include liability protection, hull coverage, and passenger liability. Policies are tailored to the unique risks of aviation ownership and operation.
- Exotic car insurance — Coverage for luxury and high-performance vehicles such as Ferraris, Lamborghinis, and McLarens. Policies often feature agreed value coverage, specialized repair options, and worldwide liability protection.
- Classic car insurance — Tailored for vintage and collector automobiles, this coverage provides agreed value protection, restoration coverage, and flexible usage terms to safeguard your prized collection.
Depending on your assets and lifestyle, you may need additional specialty insurance policies for proper coverage. Contact Prestige Planning today to discuss your unique insurance needs.
How to Get Specialty Insurance
If you need specialty insurance solutions, we’re here to help. Give Prestige Planning a call today to get started.