Autumnal leaves are falling and the mornings greet us with a bracing chill. Winter is coming.

For many high-net-worth (HNW) individuals, homes in wintry climates can present extraordinary financial risks, from burst pipes in kitchens to ice damming at roof edges.

If your clients are retreating to their winter home (and thereby leaving their primary residence vacant or partly unattended), or if they are remaining in a cold climate during the winter months, a snowstorm or extremely frigid temperatures can create mayhem for homes unprepared for Mother Nature's whims.

Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader

Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Education & Training
Personal Lines
Weather Risk