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 Special Risk Inc.. 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 Inc. 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 Inc..