High Net Worth
Private Client Insurance
Private Client Insurance safeguards your most prized possession. Large insurance companies are often unable to cater to the needs of uncommon assets in large quantities and may restrict the amount of insurance a person can buy. For example, if your home is worth $10,000,000 and your policy only insures up to $3,000,000, a cookie-cutter plan is not for you. For these occasions, GCM offers Private Client Insurance.
“Private Client Insurance” is an umbrella term under which many services land. We are happy to speak with you about the best service for you. Contact us today!
High Net Worth – For houses estimated at $750,000 and more, high net worth coverage ensures your home is fully insured.
Private Collections- Our inclusive coverage provides security for your valuables and cherished collections.
Umbrella- For personal injury and property damage claims, excess liability insurance can help to protect your family and assets against the fees and costs associated with legal battles.
Yacht- Super-yachts or any luxury boats will need extra protection. GCM has coverage to keep your boat, of any size, safe.
Boat & Marine
Boat and marine insurance can cover damage, theft, or injury risks to your boat or its occupants. Add-on’s are also available for fire, vandalism, or storm damage. Marine Insurance can even cover costs from other people or property through accidental damage. At GCM, we will allow you to choose an agreed value or market value for your vessel’s coverage.
Boats and other marine craft are typically a major investment, and if by accident or catastrophe your boat is damaged, you can incur a significant financial loss. Avoid this possibility with Marine Insurance.
Condominium Unit Owner
Condominium owners don’t always know that a homeowners association policy leaves gaps for condo owners. In the state of Florida, in order to be fully covered, you will need something called HO-6 insurance. HO-6policy covers condominiums, co-ops, and townhouses and work in conjunction with your community’s master policy. GCM can cover the following types of unit owners:
- Living in a townhouse, row-house, or high-rise.
- Use the condo as the primary residence or seasonal residence.
- A condo owned by an LLC or trust.
Condominium coverage is surprisingly affordable since the insurance does not cover the entire structure, only the unit being occupied. Condominium insurance can include:
- Personal liability.
- Interior repairs or replacements including damaged ceilings, floors, additions, and more.
- Personal property such as furniture, decor, clothing, electronics, appliances, and more.
- Living expenses like hotel stays and meal expenses if your dwelling is determined unlivable.
- Medical expense coverage if a guest incurs a minor injury in your home.
- Flood damage.
