Insuring a high-value home is as much about managing financial risk as protecting property. FlexLuxeSM gives homeowners greater control over both.*
Take a scenario where two homeowners each require $4 million in dwelling coverage.
One prioritizes broad protection and predictable out-of-pocket costs following a covered loss. Paying a higher premium for a lower deductible makes financial sense here.
The other has the liquidity to absorb a larger loss and prefers to retain more risk in exchange for potential premium savings.
Neither approach is inherently better. But treating these homeowners as though they need identical insurance strategies overlooks a fundamental distinction: A home's value establishes the exposure. It doesn't determine the owner's tolerance for risk.
That's the thinking behind FlexLuxe, the new high-value homeowners insurance solution from Orion180®. With up to $5 million in dwelling coverage, FlexLuxe combines higher limits with deliberate choices about how homeowners structure protection, manage costs, and retain financial risk.
The Deductible Is a Financial Decision
A deductible determines how much financial responsibility a homeowner retains before insurance responds to a covered loss.
Consider the math: A hypothetical 2% deductible on $4 million in dwelling coverage equals $80,000. For one homeowner, that represents an acceptable financial commitment. For another, it's precisely the uncertainty they want insurance to reduce.
FlexLuxe recognizes that distinction. Orion180's high-value homeowners solution offers expanded flat-dollar and percentage deductible options, along with an optional co-pay that allows policyholders to assume a greater share of covered losses after the deductible in exchange for potential premium savings.
The objective isn't simply to lower premiums. It's to make careful decisions about which risks to transfer and which to retain.
With FlexLuxe, those choices connect the premium a homeowner pays to the financial risk they're prepared to assume. The result is a more purposeful approach to both protection and cost.
More Control & Purpose Behind Every Coverage Decision
Financial priorities extend well beyond deductibles.
One homeowner may prioritize scheduled protection for fine art, jewelry, and valuable collections. Another may place greater emphasis on specialized endorsements or choose to exclude certain coverages or perils, where permitted.
FlexLuxe allows homeowners to work with their agents to tailor these decisions around their properties, financial objectives, and individual risk tolerance.
Helping Clients Align Coverage with Financial Priorities
For independent agents, this creates a more meaningful advisory conversation. Which losses could a client comfortably absorb? Which could disrupt their financial plans? Where would additional protection provide the greatest value in the high-value home market?
The answers can differ dramatically, even between homeowners with identical dwelling limits.
Put the FlexLuxe sophisticated financial strategy tools to work by quoting eligible properties in MY180.
*Insurance products are underwritten by Orion180 Insurance Company. Product availability varies by state and is subject to underwriting guidelines and the terms, conditions, and exclusions of the applicable policy.
Orion180® is a registered trademark of Orion180 Insurance Group Inc.
