Many homeowners don’t realize that their insurance limit on their home just isn’t the figure in Coverage A. Coverage A id what is stated on your homeowner policy of what your home is covered for. Many “main street” insurance companies will go up to 125% of this figure, if you are insured to replacement cost.
For a Upscale, Luxury home, the typical limit is…UNLIMITED. That is why when buyers of these luxury homes cannot buy name brand insurance. The insurance coverage just isn’t enough for this style home. I have a quick 1 minute video you can watch here:
