Affluent

As hurricane season begins, many insurance advisors are spending more time having flood conversations with homeowners living outside traditional coastal markets.

“Many high net-worth clients are buying properties and vehicles in high-risk areas, such as California, Florida and Colorado,” says independent agent Amy Hruska.

As the number of high net-worth individuals (HNW) grows and more are considering self-insuring, agents’ roles are transforming from policy placement to strategic risk advisor.

With rating climbing and coverage tightening, more high net-worth (HNW) clients are choosing to assume more risk themselves. Here’s how agents can help HNW clients evaluate their risk profile and tolerance.

A high-net worth customer in Pennsylvania would like to leave a car at his secondary home in Oregon. The car would be available to local family members to use throughout the year.

​Jewelry may be the quintessential Valentine’s Day gift, but it has also become the darling of would-be fraudsters.

For agents and brokers serving high-net worth clients, 2025 will be about more than just managing policies—the evolving market demands adaptability and a forward-looking perspective.

The program includes specialized classic car coverages and pricing models that account for the reduced accident frequency often associated with collector vehicles.

The ‘90s have officially achieved classic status.

Not only is the hobby transitioning to new generations, both to Generation X and millennials, it is also witnessing the evolution to electric vehicles (EVs).