High Net Worth Insurance

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You may submit an application online by clicking the “GET A QUOTE” button, or download and fill out the application and supplemental documentation. If you download the application you may either submit them via email, fax or postal mail.

High Net Worth Insurance

If you’re an insurance producer looking to write more business and provide insurance solutions to your high net worth clients, then Prime Insurance Company is the partner for you. High net worth individuals and families need extra liability protection and as a leading excess and surplus lines insurance company, Prime can write high net worth insurance with confidence.

Prime can help your clients even if they’ve been canceled or denied insurance in the past or have a claims history. We can insure high net worth individuals (HNWI) and families as well as ultra-high net worth individuals (UHNWI) and families. Whether they need a brand new policy or if they have gaps and exclusions in their primary or homeowners policy, we can write a customized insurance policy to fit their needs. 

Prime has over 40 years of experience, making us one of the best high-net-worth insurance providers out there. Many companies for high net worth insurance are turning away individuals and businesses that are deemed too risky, or, they could be leaving gaps/exclusions in policies that leave the policyholder exposed. Prime takes a more hands-on approach to learn about you, your client, and their needs so we can write a policy that ensures maximum protection.

(who we can help)

We can help insurance producers (agents and brokers) that are looking to write more business for their clients of the following classes:

  • High Net Worth Individuals (HNWI) and Families
  • Ultra-High Net Worth Individuals (UHNWI) and Families

Coverages (listed A-Z)

  • Aircraft
  • Alleged assault and battery liability
  • Alleged sexual abuse and molestation liability
  • Animal liability
  • Directors and officers (D&O)
  • Firearms liability
  • Homeowners
  • Luxury and antique cars
  • Personal liability
  • Professional liability
  • Property coverage
  • TRU Umbrella / Excess liability
  • Valuable articles
  • Watercraft
  • And more


Why Choose Prime As Your Insurance Partner?

There are many reasons why you should choose Prime as your insurance partner but here are some highlights: 

Partnership Approach

At Prime, we build trusted relationships and want all parties to be involved. We arrange a phone call with every potential insured to provide fast, flexible underwriting for every client. From our underwriters to our legal team, the insured, and the producers — at Prime, everyone is considered a partner and our processes are designed for the mutual benefit of all parties involved.

“A” Rated Carrier With 40+ Years of Experience

The strength and stability of Prime have led us to over 40 years of experience in the insurance industry. High net worth insurance is our expertise! 

In-House Teams

We have it all – underwriting, legal, risk management, policy services, etc. You will have direct access to our staff and services, ready to assist you! We even have an in-house claims hotline if an incident or claim occurs, available 24/7.

Extraordinary Claims Results

We pride ourselves on our ability to handle claims in-house and effectively. Prime’s team of attorneys and adjusters are here to assist you every step of the way. Unlike most insurance companies, Prime fights frivolous lawsuits. We will be by your side every step of the way!

Facts About High Net Worth Individuals and Families

A study done by ACE Group shows that “many high net worth families are concerned this environment is heightening the risk they will be the target of a high-stakes liability lawsuit. Their wealth, they increasingly fear, can attract lawsuits. In addition to the financial impact, high net worth individuals fear the stress of protracted legal proceedings and damage to their reputations and ability to earn an income.”

Despite the fear of being sued, many high-net-worth families aren’t taking much action. Less than 40% have coverage of more than $5 million and 21% have no coverage at all. We recommend you review your client’s policy – see if there are any gaps and exclusions in their umbrella and primary homeowners insurance policy. Prime can write customized coverage and fill the gaps so working with Prime to write high net worth insurance will leave your clients with the peace of mind they deserve.

The Unique Needs of High Net Worth Individuals and Families

Many individuals and families will buy insurance to protect their assets but if you have clients who are considered high net worth, then they will likely have some unique needs that need to be met. It’s common for high net worth individuals and families to have exclusive or high-value personal property that they want covered in their policy. This kind of property could be an expensive wine collection, an exotic car, some fine art, a yacht, or something else that has extreme value.

High net worth families and individuals are aware, and worried, that they are targeted more for a lawsuit. If a person finds out they are involved in an accident or incident with someone who is a high net worth individual, then a lawsuit may be more likely to occur. People will also target those of high net worth for kidnappings and ransom. It’s important to have comprehensive coverage that can protect your clients from these sorts of things.

At the end of the day, Prime Insurance Company is here to help you and your client and provide a full understanding of the coverages we can provide so your client can go about their day with true peace of mind.

High Net Worth Insurance Providers and Prime Insurance

Looking for the best high net worth insurance provider? Prime Insurance Company should be at the top of your list. Our partnership approach requires that we speak with the producer and the insured so we can better understand everyone’s needs in order to provide the right coverage, the right service, and most importantly, a healthy relationship.

A lot of people go with cheaper markets that will cost them and their insured more in the long run! Over the past years, many of the cheaper markets have run into trouble, gone broke, or stopped writing. As a result, Prime is writing more business and we remain committed to doing it right! Insureds need a more efficient insurance company and a better partner that’s willing to fight frivolous lawsuits practiced by legal professionals nationwide.

In short, Prime won’t compete with your other markets from a premium standpoint, but we will help you write the business you are turning away today. Plus, we’ll be by your side when a claim or lawsuit is filed against you.

About Prime Insurance Company

Prime Insurance Company is an excess and surplus (E&S) lines insurance company, specializing in property and casualty insurance for non-standard, specialty risks. Prime currently produces in excess of $400 million gross premiums annually. The company writes E&S business in all 50 states and has an “A” (Excellent) rating by A.M. Best*. Prime has also earned a Financial Stability Rating® of A” (A Double Prime), Unsurpassed, from Demotech, Inc.**

Prime delivers coordinated services by integrating expert underwriting, policyholder services, policy accounting, premium financing, risk management, state tax payments, claims administration, and self-insured support program services all under one roof.

*see www.ambest.com for latest ratings
**The most current Financial Stability Rating® must be verified by visiting www.demotech.com.

Get A 'High Net Worth Insurance' Quote

Prime Insurance Company provides fast quotes 24/7. Please note that we do not accept submissions more than 30 days from expiration. When needed, we can provide same-day quotes and proof of coverage, you just need to complete the Insured Underwriting Call to get it done! To finalize pricing we require a phone call with the owner/applicant. Get started with your high net worth insurance quote today by clicking the “Get a Quote!” button above.

Ready to Apply?

You may submit an application online by clicking the “GET A QUOTE” button, or download and fill out the application and supplemental documentation. If you download the application you may either submit them via email, fax or postal mail.