Have you ever been the victim of an insurance drive-by shooting? That’s what one Chubb executive calls the typical approach of insurance providers. Many such appraisers will drive by your property briefly and then write up your policy. As a result, your coverage won’t reflect the craftsmanship and contents of your home. If you ever have to file a claim, good luck getting a prompt settlement for your original hickory floors, intricate crown molding, or extensive wine collection.

You can avoid this situation by using a high net worth (HNW) insurance provider. These companies distinguish themselves from the mass market by working with you in a far more consultative manner. They offer much higher limits and deductibles, cover assets and liabilities the mass market won’t touch, and handle claims with the speed and care you’ve come to expect from your bank and your attorney. And they’ll even help prepare your home from an impending wallop from Mother Nature.

Policies cover homes, wine, and even abductions

HNW coverage ranges from a few million to a few hundred million dollars. Policies not only cover homes, automobiles and watercraft, but also jewelry, art, wine, other collections, and a wide range of personal and family liabilities. Some individuals find it advantageous to cover everything through one provider, an approach that can reduce paperwork, while others use multiple providers to get their preferred terms or savings. There is also special coverage you can’t get elsewhere. For instance, some HNW insurers offer coverage for the medical, psychiatric, security, and other expenses associated with burglary, abduction, carjacking, or stalking threats. If you employ domestic staff, HNW insurers can also conduct background checks on prospective hires, and provide employment liability coverage that protects you if you’re sued.

While high-end insurers certainly work with billionaires, the core of this market is actually the “regular rich”—a senior executive from AIG defines them as people with $5 million in assets, not including their primary residence. And in fact it’s not just about net worth, but about the type of assets and a homeowner’s lifestyle. A high-end insurance policy may be a good fit if you have real estate worth $1 million or more, a few luxury cars, a growing collection of art or wine, or a lifestyle that includes frequent travel or social events in your home. If your homes and other assets are worth tens or hundreds of millions of dollars, the mass-market providers won’t even be an option for you.