As the landscape of personal risk continues to evolve, homeowners with substantial assets are encouraged to reevaluate their coverage options. A new white paper from 1787 Insure, titled “Why Excess Liability Insurance Matters,” sheds light on the growing necessity of supplementing traditional homeowner policies with excess liability coverage to protect wealth, assets and peace of mind.
The white paper emphasizes the increasing complexity of insurance needs amid rising liabilities. It highlights key gaps in standard policies — such as limited coverage for significant personal injury claims, legal defense costs and high-risk activities — that can leave high-net-worth individuals vulnerable to substantial financial exposure.
Standard insurance policies are no longer sufficient for high-value homeowners,” said Jean Jacques Borno, CFP, ChFC, CIMA, founder and CEO of 1787 Insure. “Our white paper explains why excess liability insurance is essential in closing coverage gaps and providing comprehensive protection against unpredictable liabilities.”
Written specifically for executives, professionals, business owners and affluent individuals, this white paper offers vital insights into the most critical coverage options necessary to protect assets, reputation and financial security.
The 5 Overlooked Risks for High-End-Owners are:
Download the full white paper to learn more:
- Why excess liability insurance is a must-have for high-net-worth households
- The coverage gaps in traditional homeowner policies
- How tailored excess liability policies can provide peace of mind and financial stability
About 1787 Insure
1787 Insure is a leading national digital online insurance company dedicated to serving professionals and high-net-worth individuals. We specialize in providing tailored insurance solutions for owners of high-value homes, doctors, surgeons, corporate executives and business owners. Our streamlined risk management process enables our innovative platform to deliver comprehensive coverage and exceptional service, fully protecting our clients’ assets and lifestyles with convenience and confidence. Additionally, we provide our clients with access to leading insurance companies, enabling them to select the most suitable coverage options from top providers.
About Jean Jacques Borno
Jean Jacques Borno is the founder of 1787 Insure and a highly accomplished financial professional. He is a CFP® professional with an MBA from the University of Virginia Darden School of Business. Borno has also earned the prestigious CIMA® designation from the Wharton School and IMCA, as well as the ChFC® (Chartered Financial Consultant) designation from The American College of Financial Service. Borno, recognized for his expertise and client-centric approach, he was recently named a 2024 Five-Star Wealth Advisor.
For additional information or to download the white paper, visit https://www.1787insure.com/umbrella-liability.