Who needs a high-end insurer?

If you own multiple homes, a yacht or two and a collection of luxury sports cars, the answer is obvious. But Neis says not all clients fit that profile. Someone who lives in a modest condo but owns a rare art collection would still require the special services that a high-end insurer offers, she says.

Many families who consider themselves middle class still might benefit from the extra protection offered by an umbrella policy, which adds an additional layer of liability protection above your home and auto policy limits.