Vault – a high net worth Insurance company

Vault – a high net worth Insurance company

At Vault, our mission is simple, but ambitious: build a company, culture and philosophy that put your needs at the center of everything we do. We protect the things that are important to you and enable your affluent lifestyle – no matter what.

Where others see risk, we see opportunity. When others say it can’t be done, we say we are your tireless partner that finds a solution.

Complete coverage solutions

Complete coverage solutions

We protect what matters to you most.

Whether it’s the hand-selected Carrera marble in your foyer, a vintage Rolex, or your recently acquired sculpture from Art Basel, we are here to help you understand the right level of coverage for the things that are important to you.

Vault Home

Vault Home

Vault’s Home Complete insurance product was designed to protect the extraordinary quality of materials, customization and attention to detail in higher value homes such as yours. Vault coverage solutions are customized to include higher limits and broadened coverage for your primary and vacation residences.

Product Highlights:

Extended Replacement Cost

To ensure that you can rebuild your home exactly as it was, Vault offers extended replacement cost of up to 200% of the actual coverage amount on your policy.

Flexible Claim Settlement Options

In the event of a claim, Vault will pay to have your house painstakingly rebuilt. Or, you may choose to receive a cash settlement for the full cost of damages (up to the limit of the policy) with no obligation to replace or rebuild. The choice is yours.

Higher Deductible Options

To help you manage the cost of your insurance coverage, Vault offers a variety of deductible options up to $250,000.

Large Deductible Waiver

If you have a deductible of $25,000 or less and you experience a covered loss that exceeds $50,000, Vault will waive your deductible.

Home Systems Protection/Equipment Breakdown

We have specialized coverage for accidental mechanical or electrical breakdowns in your home’s major systems and permanently installed appliances.

Service Line Protection

Designed to fill a coverage gap for homeowners who often don’t realize that they own the outdoor service lines from the street to their house. Examples include: exterior, underground, water and sewer piping, electrical service lines and data lines.

Enhanced Jewelry Coverage

Wear and enjoy your jewelry. Vault Home Complete automatically includes $50,000 sub-limit for damaged, lost or stolen jewelry.

Coverage for Sewer and Drain Backups

In the event of a backup or overflow of your sewer, sump pumps and drains, we provide coverage for clean-up costs and resulting damages.

Loss Mitigation Claims Benefit

Whenever you experience a loss, Vault is there. From pipe leaks to burglary, we will pay up to $2,500 to install an approved loss prevention device to protect your residence against future incidents. Examples include: water detection and shut-off systems, emergency generators, sump pumps, as well as security and fire alarm upgrades.

Identity Theft Expense Coverage

If you are the victim of identity theft during your policy period, Vault will reimburse up to $25,000 for related expenses to enable your lifestyle and help you recover.

Pet Injury Coverage

Because we know that pets are some of the most important members of your family, we provide $5,000 in medical expenses for pets injured in an accident.

Automatic Coverage for Trusts and LLCs

Regardless of how your home ownership is structured, we automatically provide coverage.

Managing Risk and Preventing Losses

Vault’s experienced Risk Services team has extensive expertise in the valuation of exceptional homes. We can complete customized inspections to:
– Make sure that you have the right amount of coverage
– Provide proactive risk management advice
– Ensure you are receiving all applicable premium credits & discounts

Superior Claims Service

While every situation is unique, one thing remains constant: we’re here to provide a hassle-free experience and help you recover as quickly as possible, period. Your Vault claims team will respond immediately and offer you creative, flexible solutions.

To learn more, please contact your broker.

Vault’s Home Complete insurance product was designed to protect the extraordinary quality of materials, customization and attention to detail in higher value homes such as yours. Vault coverage solutions are customized to include higher limits and broadened coverage for your primary and vacation residences.

Read More
Vault Lifestyle

Vault Lifestyle

You live a rich, full and dynamic life, whether it’s traveling globally or taking on new challenges and experiences. You’ve worked hard to amass your net worth. Having the wrong coverage or insufficient liability limits may be the biggest risk to your financial security. The complex lifestyles of high net worth individuals and families can create unique exposures. Our excess/umbrella policies ensure you are properly protected and have adequate coverage limits.

Product Highlights:

Excess Uninsured/Underinsured Motorist Coverage

At Vault, you can choose high coverage limits to protect you in the event you are injured in an automobile accident that was caused by another driver with inadequate or no insurance.

Uninsured/Underinsured Liability Coverage

In the event you or an insured family member are injured due to the negligence of someone with inadequate or no liability coverage, Vault offers up to $1 million in coverage to protect you.

Defense Costs

Vault will pay your legal defense costs, over and above your liability policy limit.

Available Funds for Your Personal Attorney to Monitor the Lawsuit

Vault will pay up to $10,000 in legal fees if you choose to have your personal attorney monitor a lawsuit against you.

Choice of Counsel

Vault provides you with access to a panel of leading attorneys who understand the needs of the affluent client.

Employment Practices Liability Coverage

Vault provides up to $1 million in coverage for employment-related claims made by your domestic staff including discrimination, wrongful termination and sexual harassment.

Not-for-Profit Director and Officer Liability Coverage

Vault provides coverage limits up to $5 million to protect you from liability exposures associated with serving on not-for-profit boards.

To learn more, please contact your broker.

You live a rich, full and dynamic life, whether it’s traveling globally or taking on new challenges and experiences. You’ve worked hard to amass your net worth. Having the wrong coverage or insufficient liability limits may be the biggest risk to your financial security. The complex lifestyles of high net worth individuals and families can create unique exposures. Our excess/umbrella policies ensure you are properly protected and have adequate coverage limits.

Read More
Vault Lux

Vault Lux

We specialize in policies that are as creative and unusual as the items we insure. Vault Lux is designed for clients with collections and memorabilia that reflect their vast and accomplished interests. Our resident experts will help you understand the right level of protection and assist in assessing, storing and transporting valuables such as fine art, jewelry or rare wines.

Product Highlights:

Worldwide Coverage

Your Vault-insured valuables are covered worldwide. You can actually wear your jewelry instead of leaving it at home when you travel!

Mysterious Disappearance

Vault provides automatic coverage for misplaced, lost or stolen items.

Newly Acquired Coverage

Shop assured! Vault will automatically provide coverage for newly acquired items that you have not yet added to your policy for a period of 90 days from acquisition.

Pair and Set Clause

Vault offers flexible claims settlements for pairs and sets. If one of your treasured south sea pearl earrings were to be lost, you could choose to have Vault replace the lost earring, you could keep the remaining earring and be paid for the pair’s loss in value, or you could surrender the remaining earring and receive the full scheduled value of the pair.

Market Appreciation

In the event of a loss, Vault will pay up to 150% of the agreed value to account for the appreciation of your item. Even if the initial valuation of your damaged item is below the current market value, you’re covered.

Vaulted Jewelry Option

Vault offers reduced and highly competitive rates when insuring rarely worn jewelry kept in a bank vault or safety deposit box.

Discounted Pricing with Updated Appraisals

Vault provides a premium discount of up to 20% for having updated appraisals on your scheduled valuables and can recommend qualified appraisers in your area for regular assessments.

Couture and Wearable Collections

Vault provides enhanced coverage for couture and collectible shoes, handbags and accessories. With Vault, you are protected from moths and dry cleaner mishaps.

To learn more, please contact your broker.

We specialize in policies that are as creative and unusual as the items we insure. Vault Lux is designed for clients with collections and memorabilia that reflect their vast and accomplished interests. Our resident experts will help you understand the right level of protection and assist in assessing, storing and transporting valuables such as fine art, jewelry or rare wines.

Read More