High Value, Coastal and Tough Homeowners Insurance Program
Novatae Risk Group offers a focused High Value, Coastal and Tough Homeowners Insurance Program for brokers and agents placing complex personal property risks. Through access to Certain Underwriters at Lloyds of London, this non-admitted E&S solution targets tough-to-place accounts that fall outside the appetite of standard carriers.
Program Highlights:
- Minimum Value: $750,000
- Maximum Value: $25,000,000
- Standard Liability Limit: $1,000,000
- HO3 and HO5 forms available
Ideal Accounts and Risk Appetite
This program is built for high-net-worth clients with challenging exposures—coastal estates, homes in high wildfire zones, secondary or seasonal residences, and properties with prior loss activity. Novatae will consider accounts that standard admitted markets often decline, including corporately owned or trust-held homes and high-profile insureds.
Target insureds include:
- High-profile individuals (entertainers, athletes, public figures)
- Homes held in trust or owned by corporations
- Accounts with prior claims or difficult loss histories
- Properties in protection class 9 or 10
- Homes with elevated flood exposure, including V zones
What's Covered — Catastrophe Exposures
- Earthquake (California)
- Brush fire / wildfire
- Windstorm* (including Florida Tri-State)
- Flood (including excess flood needs)
- Properties in protection class 9/10
- V zone coastal flood exposures
- High-profile owner liability concerns
- Accounts with challenged claims records
- Corporately owned or trust-held properties
- Caribbean exposures
Underwriting Requirements and Minimum Premiums
Underwriting is individualized by risk. Premiums vary with location, construction, protective features, and exposure severity. To help the underwriters evaluate quickly, include:
- Completed ACORD 80 (Homeowner application)
- Three years of loss runs
- Details and final reports for any large losses
- Completed homeowners supplemental questionnaire
Minimum premiums vary by risk; contact underwriting for program-specific thresholds.
States Available
This program is available in: AL, AK, AZ, CA, CO, CT, FL, GA, IL, KY, LA, MN, MS, MO, NV, NJ, NM, NY, NC, PA, SC, TN, TX, UT, VA, WV, WI.
Why Partner with Novatae Risk Group?
As a Managing General Underwriter and E&S broker, Novatae Risk Group combines specialized underwriting and direct market access to Certain Underwriters at Lloyds of London. The team emphasizes speed, flexibility, and tailored solutions that help you place and retain high-value clients where admitted markets are unavailable or unwilling to write.
Working with Novatae is a good option when you need an experienced E&S partner to evaluate unique exposures, structure non-admitted placements, or manage accounts with prior losses or non-standard ownership structures.
Do you need a High Value Homeowners Insurance quote?
Send an email to [email protected] with your coverage needs or call 800-758-8113 to speak to an underwriter immediately.
Frequently Asked Questions
What types of accounts are a good fit for this program?
This program is ideal for high-value homes with catastrophe exposures, high-profile owners, corporately owned or trust-held properties, and accounts with prior loss history.
Is this program available in admitted markets?
No. This program is offered on a non-admitted basis through Certain Underwriters at Lloyds of London.
Can I submit a home located in a coastal V zone?
Yes. The program has capacity for properties in high-risk flood zones, including V zones, provided underwriting requirements are met.
What is the minimum home value required for submission?
The program requires a minimum home value of $750,000. Risks up to $25,000,000 can be considered.
What documents are needed to submit a risk?
Required documents include the ACORD 80 application, three years of loss runs, details of any large losses, and a completed supplemental questionnaire.
Need help placing an account? Connect with a market specialist.