High Net Worth individuals have unique insurance needs
We recognize the hard work you put in to have earned your lifestyle. Protecting the assets you have now and for future generations takes carefully-crafted high net worth insurance solutions. Wells Insurance, a solid, stable and growth-focused legacy brokerage established in 1920, provides tailored, high value solutions for high net worth individuals and families in our coastal areas of Wilmington, Wrightsville Beach, Bald Head Island, Figure 8 Island, Myrtle Beach as well as throughout 48 states in the US.
Increased wealth leads to increased personal assets. This can come in many forms such as high value luxury and vacation homes, private aircraft, specialty automobiles like luxury, collector, or exotic sports cars, yachts, art collections, jewelry, and more. Additionally, your increased wealth and assets increase your personal liability exposures. While standard insurance policies do a good job of covering standard net worth individuals, these policies are not designed to cover the higher replacement cost values associated with high-value assets, plus other unique property exposures that affluent individuals have. Your high net worth demands premiere insurance solutions.
Protection for your property
Studies have shown that seven out of ten luxury homes are under-insured with standard insurance policy types… policies that do not offer special endorsements or higher limits of liability that high value homeowners require. Unfortunately, owners of high value homes do not realize they are under-insured until after suffering a loss… when it’s too late.
Protection for your lifestyle
Should a lawsuit threaten the lifestyle you have created, we’ll be there to protect you. We offer valuable excess personal liability insurance options to safeguard your family and assets in the event of personal injury or property damage claims against you, at limits that exceed the liability protections provided by your other policies.
Protection for your personal assets
Insurance plays an important role in your overall personal wealth management by helping to mitigate and manage risk. At Wells Insurance, your personally-assigned insurance team works in collaboration with you and your relationship manager to recommend strategies and solutions that complement your broader wealth plan. We coordinate your insurance portfolio with your long-term financial goals in mind.
Rely on us to to represent you and carefully protect you with unparalleled professionalism and discretion.