(858) 432-4110 :: tom@torgins.com
11777 Bernardo Plaza Ct., Suite 206 San Diego, CA 92128

FAQs

Is it more expensive to use a Private Client manager?

No, however, there’s a vast difference in quality and service between commodity and luxury goods, the same is true for insurance. If you have a net worth in excess of $2 million, most insurance agencies are not equipped to address your complex personal risk management needs. There are two costs of insurance: the insurance policy itself, and the hidden costs of a claim-out-of-pocket expenses, lost time and frustration, just to name a few. With proper management, insurance becomes not only more effective at protecting you, but also more affordable overall..

What does a Private Client Manager offer that is different from other agencies?

Most insurance agencies do not have access to leading markets that specialize in affluent and high-net worth insurance coverage and has the flexibility to meet your needs.

In addition a Private Client Manager will have the following traits:

    • Experience and technical expertise, working with insurance carriers, business owners, executive managers, and successful families.
    • Customized risk management review identifying loss exposures and offer a tailored solutions to maximize coverage and cost efficiency.
    • Claims advocate. We don’t leave you on your own, we provide the critical help when needed to navigate the often complex and stressful claims process.
    • A service team that is experienced, including extensive backgrounds in serving the complex needs and expectations of private clients.

Working with a Private Client Manager who has access to the market place is important to give you options. If you don’t have options, how do you know you’re getting the best value?

What's wrong with the insurance I already have?

We don’t know yet until we can complete our review and discuss your goals. But, don’t wait until claim time to find out what is-and is not-protected. A Private Client Manager is more likely to address the special circumstances that can come with success, or simply offer coverage’s that traditionally have been ignored in the mainstream marketplace. In addition, the benefit of retaining a Private Client Manager insurance agent is that they are working for you. If you’re not frequently presented with options on how to address your insurance needs, it may be time to find a new advisor.

I have diverse collection of assets, what should I do?

As your lifestyle has changed over the years, so should your insurance coverage. You acquire assets over time, so it’s not uncommon to insure them in different ways. Your summer residence, for example, may be with a different agent and carrier than your home in the suburbs. Your fine art may be insured independently from your cars. Whatever the combination, the end result is fragmented, making insurance more difficult and expensive to manage. This unorganized approach could also cause gaps in coverage that aren’t revealed until a claim is denied. A Private Client Manager will provide an organized solution, minimizing any potential gaps and providing the best value for your protection.

I have a lot of money invested in my home, what is the best way to protect that investment?

The evaluation of your homes replacement cost is vital. Many properties are insured based on older values that are vastly underestimated-especially those that have undergone expensive home improvements and renovations. If your home is not properly insured, you could find yourself without enough coverage to rebuild and this could be financially devastating. A Private Client Manager will work with you and the insurance company to determine the proper value and insure that the correct coverage is in place.

If you have questions, please contact us at your convenience. We would appreciate the opportunity to discuss your personal needs and goals.

Contact Us at (858) 432-4110