Two ways to protect the equipment in your home – Home Warranties and Mechanical Breakdown coverage

By Kurt Thoennessen, CAPI There are many differences between home warranties and mechanical breakdown coverage. There are also several different providers of these coverages, each with their own contracts and…

InsureScope.com Coverage Guide: Flood Insurance Road Map For High-End Homes

By Kurt Thoennessen, CAPI Most homeowners do not want to think about the devastation a flood could cause to their home. But the fact is that heavy rain, snow melt and…

Obtaining insurance rates for luxury assets just got easier!

By Kurt Thoennessen, CAPI There are many solutions to insure luxury assets in the insurance market today. This fact makes deciding which one to select overwhelming. So how do you…

Ericson Insurance Advisors Joins InsurTech Revolution with New Digital Client Experience Platform

Ericson Insurance Advisors has launched a new web site that will enable personal insurance buyers to evaluate their coverage and obtain rate information for luxury assets. The site, InsureScope.com™, adds…

Do I need to inform my insurance adviser that I placed my residence in a trust, LLC or LP?

By Kurt Thoennessen, CAPI An estate plan is typically designed to protect your assets from creditors, mitigate your liability exposures and reduce estate tax implications after your death. One estate…

Can I lower the Other Structures coverage limit on my million dollar homeowners policy?

By Kurt Thoennessen, CAPI All homeowners policies include Other Structures coverage even if you do not have any other structures on your property. The cost of this coverage can be…

What should my deductible be for my million dollar home?

By Kurt Thoennessen, CAPI The answer to this question depends on your tolerance for risk and how much financial incentive you will receive for taking a higher deductible. The intent…

Can I lower the contents coverage on my million dollar home insurance policy?

It is very common for the contents coverage limit to be higher than what is needed by owners of million dollar homes, and most insurance companies do not allow this…