Evolving trends in the high-value home market

Spending habits are changing. Customers have more to protect. Possessions are gaining value faster. Technology is getting more powerful. Claims are getting more costly to resolve. 

The high-value home market continues to evolve rapidly. With this evolution comes increased opportunity for your agency to stand out in this market. And we're here to help.

We're proud to share market insights from leaders of the Hanover Prestige team, and resources to help you grow in this space.

Brae Anglin-Flaig, AVP Prestige claims and David Pochinco, AVP, Prestige underwriting discuss:

• Rate trends
• Increased coverage needs
• The rising cost in claims
• The increased use of higher deductibles to stabilize rates

Brae Anglin-Flaig, AVP Prestige claims and David Pochinco, AVP, Prestige underwriting, talk about:

• The most common home claims - including hail and water damage
• The claims experience for owners of high-value homes
• Risk mitigation steps and services

In this video, Brae Anglin-Flaig, AVP Prestige claims and David Pochinco, AVP, Prestige underwriting, share the elements of a successful partnership in the high-value home market, including:

• Key coverage in this market
• Retention strategies
• The importance of customer communication
• Potential opportunities for agents

Hanover Prestige resources

Underwriting information sheet

Learn more about the Hanover Prestige underwriting philosophy, appetite factors, and recent enhancements to the experience.

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Our risk solutions consultants

Learn more about our specialized team of Hanover Prestige risk solutions consultants and the professional, on-site services they provide.

Currently available in the northeast (CT, MA, ME, NH, NJ, NY and PA) and Michigan.

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A Hanover Prestige claims success story

View a real-life example of a Prestige claim and how it was handled by our dedicated team of high-value claims professionals.

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Hanover Prestige resources

Hanover Prestige was designed specifically to help you best protect and serve your customers in the high-value market. Learn more about how Prestige can help your agency win and thrive in this growing market. 

Visit our Prestige agent page       Visit our Prestige customer page