High End Homeowners Insurance Provided by CHES Special Risk Inc. Responds to the Increase in Construction Costs

Ottawa, Ontario – CHES Special Risk Inc. today announced the launched of their High End Homeowners Insurance Program.

“Canada, and Ontario in particular, is one of the top 10 most sought after places to live on the Planet, according to a recent survey in the UK press, as a result we are seeing a continued increase in the cost of housing, both for new build and reconstruction and renovation “, said Douglas Everett, President of CHES Special Risk Inc.

 

“We are also seeing an influx of new Canadians, which also brings with it the challenge of not having a credit rating, and as a result a lot of the traditional Insurance avenues open to the High End customer are closed, not at CHES. We have designed our Castle Policy to respond to clients with no credit rating, or those that have had 2 claims or more and have been non-renewed, or for those High End Clients with a cottage or a seasonal home that is valued higher than their primary residence, we are also able to react to rentals, 2 mortgages or more or for those properties owned by a foreign corporation or numbered company, all either with the primary residence or as a stand-alone”.

The High End Homeowner department at CHES Special Risk is able to offer a comprehensive range of covers that include stand-alone Personal Articles Floaters, stand-alone Personal Umbrella Liability and our property coverages start at a value of $500,000 , all part of the services expected from CHES Special Risk.

 

For more Information on the Product and Services offered by CHES Special Risk please contact the President:

• Douglas D. Everett
• President
• CHES Special Risk Inc.
• Tel: 613 745 6100
• Email: doug@chesspecialrisk.ca

 

ABOUT CHES Special Risk Inc.

CHES Special Risk Inc. was established as a Managing General Agent and Wholesale broker in 2004, in response to broker demand to a hardening market place, commencing with a particular speciality in the entertainment and hospitality business, later becoming a fully accredited Lloyd’s coverholder in 2009. CHES Special Risk is a fully independent MGA delivering “A” Rated capacity both in the hard to place, and standard lines classes and support their retail brokers in growing and developing their businesses.

 

More information regarding CHES Special Risk can be found at: http://www.chesspecialrisk.ca

More information regarding Insurance Information Consulting Services can be found at: www.iic.ca