Private Client Group
Exceptional Wealth Demands Unique Solutions
At Tooher-Ferraris Insurance Group, our Private Client Services are crafted to meet the distinctive needs of high-net-worth individuals and families, ensuring you receive the insurance coverage tailored to safeguard your assets. We understand your requirements are unique, and generic solutions simply do not suffice. Therefore, our team specializes in developing personalized insurance strategies that protect your wealth, privacy, and peace of mind.
We provide tailored insurance solutions for high-net-worth individuals in the following areas:
Luxury Homes and Estates
Ensure your luxury homes and estates are fully protected with insurance solutions from top-tier insurance carriers, offering comprehensive coverage and peace of mind for your most valuable properties.
Protect your exotic, classic, and luxury vehicles with comprehensive coverage from top carriers, ensuring security, value retention, and peace of mind on every journey.
Art, Wine, and Collectibles
Safeguard your investment in fine art, jewelry, rare wines, and other valuables with specialized insurance from top carriers, ensuring their protection and long-term preservation.
Secure your yachts, sailboats, and other watercraft with comprehensive insurance solutions from top carriers, providing protection on the water and peace of mind.
AVIATION
Protect your private aircraft with customized insurance solutions from top carriers, ensuring comprehensive coverage for your aircraft, crew, and passengers, both on the ground and in the air.
TRAVEL
Ensure peace of mind during your journeys with comprehensive travel insurance from top carriers, providing protection for unexpected events, medical emergencies, and trip disruptions worldwide.
EXCESS LIABILITY / UMBRELLA
Enhance your protection with additional coverage from top carriers, safeguarding your assets and lifestyle against significant claims and unforeseen legal liabilities.
Protect against cyber threats and personal risks with advanced insurance solutions from top carriers, ensuring your digital and physical security remains uncompromised.
Safeguard your weddings, private parties, and exclusive gatherings with tailored insurance solutions from top carriers, protecting against unforeseen disruptions and liabilities.
24/7 access to your account information
Download our Mobile App for Apple or Android to access your account information, Auto ID cards, and request changes.
Testimonials
What Our Clients Say
It is my pleasure to write this as a long-term customer of over 30 years for my business, myself, and my family. It started with Peter, and now Eric, along with every agent and receptionist. Outstanding customer service by knowledgeable, courteous, and friendly staff who have your best interests at heart for the important insurance things like coverage, price, and companies that they do business with on your clients’ behalf. I could not be more pleased with the company and its staff.
Ed
As a Member of Our Private Client Group, You Gain Access To:
Exclusive High Net Worth Insurance Carriers
Our partnerships with top-tier insurance carriers allow us to offer exclusive coverage options designed specifically for high-net-worth individuals.
A Network of Specialized Advisors
Access a network of advisors who specialize in addressing your unique needs, including risk management, wealth management, and legal advice.
Policy Reviews
Ensure your coverage remains optimal and up-to-date with annual reviews of your insurance policies to address any changes in your lifestyle or assets.
Periodic Market Updates
Stay informed with regular updates on market trends and developments that could impact your insurance and risk management strategies.
Coordination of Your Team of Advisors
Benefit from coordinated efforts between your team of advisors, including attorneys, wealth managers, accountants, and insurance professionals, to ensure comprehensive protection and strategic planning.
24/7 Support
Access round-the-clock support to address any urgent needs or concerns, ensuring peace of mind at all times.
Family Office Specialty Support
Leverage specialized support tailored to family offices, including asset protection, estate planning, and succession planning.
Concierge Claim Service
Experience a seamless and hassle-free claims process with dedicated concierge claim services tailored to your needs.
Risk Management and Loss Control Insights
Receive expert insights on risk management and loss control to proactively protect your assets and minimize potential risks.
Exclusive High Net Worth Insurance Carriers
Our partnerships with top-tier insurance carriers allow us to offer exclusive coverage options designed specifically for high-net-worth individuals.
A Network of Specialized Advisors
Access a network of advisors who specialize in addressing your unique needs, including risk management, wealth management, and legal advice.
Policy Reviews
Ensure your coverage remains optimal and up-to-date with annual reviews of your insurance policies to address any changes in your lifestyle or assets.
Periodic Market Updates
Stay informed with regular updates on market trends and developments that could impact your insurance and risk management strategies.
Concierge Claim Service
Experience a seamless and hassle-free claims process with dedicated concierge claim services tailored to your needs.
Risk Management and Loss Control Insights
Receive expert insights on risk management and loss control to proactively protect your assets and minimize potential risks.
Coordination of Your Team of Advisors
Benefit from coordinated efforts between your team of advisors, including attorneys, wealth managers, accountants, and insurance professionals, to ensure comprehensive protection and strategic planning.
24/7 Support
Access round-the-clock support to address any urgent needs or concerns, ensuring peace of mind at all times.
Family Office Specialty Support
Leverage specialized support tailored to family offices, including asset protection, estate planning, and succession planning.
Join the Tooher-Ferraris Private Client Group to experience the difference.
Insights
- Business Insurance
Your commercial property policy covers your building. Your general liability covers third-party bodily injury and property damage. What covers the $80,000 excavator parked at a job site three towns over?
For many contractors, the honest answer is: nothing.
Construction is a mobile industry. Tools travel between job sites, equipment gets staged at temporary locations, materials sit on flatbeds overnight, and rented machinery moves in and out of projects daily. Standard commercial property policies are built around fixed locations, and they typically do not follow your assets when they leave the building. That gap is an inland marine exposure, and closing it is one of the most overlooked steps in a contractor’s insurance program.
What Standard Property Policies Don’t Cover
Commercial property insurance is designed to protect assets at a scheduled location — your office, your yard, your warehouse. When equipment leaves that location, most standard policies either exclude coverage entirely or impose sub-limits that bear no relationship to actual replacement costs.
The gaps vary by policy, but contractors commonly find that standard commercial property coverage does not adequately protect tools and equipment stored at or transported to temporary job sites, equipment in transit between locations, rented or leased machinery the contractor is responsible for under contract, materials stored off-premises awaiting delivery, or mobile equipment like compressors, generators, and forklifts that move regularly.
This is not a fringe concern. According to the National Equipment Register, construction equipment theft costs the US industry an estimated $400 million annually, and those losses disproportionately impact small and mid-sized contractors who cannot absorb a six-figure replacement without disrupting active projects. According to Gallagher’s 2026 market outlook, construction-related replacement costs remain 15 to 20% above pre-pandemic levels — which means a piece of equipment stolen or destroyed today costs significantly more to replace than the value on your current schedule.
What Inland Marine Insurance Actually Does
Despite its name, inland marine has nothing to do with water. The term originates from the insurance industry’s historical distinction between ocean cargo and goods transported over land. For contractors, an inland marine policy — often called a contractor’s equipment floater — is specifically designed to protect property that moves.
Coverage typically includes owned tools and equipment wherever they are located, whether on a job site, in transit, or at a storage facility. High-value scheduled items like cranes, excavators, and lifts can be listed individually with agreed value coverage. Blanket limits cover unscheduled tools and small equipment up to a per-item and aggregate cap. Equipment you rent or borrow and are contractually responsible for can also be included, as can technology tools used in the field.
Coverage terms vary significantly by policy, so reviewing the specific causes of loss, deductibles, and any exclusions for unattended equipment is essential. Many policies, for instance, exclude theft from an unattended vehicle unless there is visible evidence of forced entry — a detail that surfaces at claim time in ways contractors do not anticipate.
The Right Time to Review Is Before You Need It
The specialty programs available to contractors in 2026 include highly competitive inland marine options, even for accounts with prior claims. An inland marine review should include a current equipment inventory compared against your commercial insurance policy schedule, a check on rented equipment obligations and whether they’re covered, and a look at transit exposures for materials and tools in transit between sites. OSHA’s ongoing emphasis on jobsite safety equipment standards is a timely reminder that the tools enabling compliance with those standards need their own protection when they are off your property.
Ready to make sure your tools and equipment are actually covered everywhere your business operates? The team at Tooher-Ferraris has been helping contractors protect their assets since 1932. Contact us today to schedule a no-obligation consultation.
- Personal Lines
Picture this: It is a July afternoon, the pontoon is out on the lake, and a guest slips on the deck and is seriously injured. The resulting medical bills and liability claim far exceed your homeowners insurance limits. Your insurer reviews the claim and informs you that your vessel was specifically excluded from coverage at the time of the incident.
This scenario is more common than most boat owners realize, and July is exactly when it tends to happen. Peak boating season in the US brings millions of recreational vessels onto lakes, rivers, and coastal waters and most of those owners are on the water with significant coverage gaps they have never been told about.
What Your Homeowners Policy Actually Covers on the Water
Most standard homeowners policies include some watercraft coverage with limits that were designed for a very specific kind of boat. Typical coverage applies to small, low-powered vessels: canoes, kayaks, or motorboats with engines under 25 horsepower. Physical damage coverage often caps at $1,500, and liability coverage may be limited or excluded entirely once a motorized vessel is involved.
According to the U.S. Coast Guard’s most recent Recreational Boating Statistics, there are more than 12 million registered recreational vessels in the United States, with documented accidents resulting in hundreds of fatalities and thousands of injuries each year. The majority of incidents that generate significant liability claims involve motorized vessels — exactly the category most homeowners policies are not built to cover.
If you own a pontoon boat, a bowrider, a jet ski, a sailboat over 26 feet, or any vessel with a higher-horsepower engine, there is a strong chance your homeowners policy will not respond meaningfully to a serious claim on the water.
What a Standalone Watercraft Policy Covers
A dedicated watercraft insurance policy is designed for how boats are actually used. Coverage typically includes physical damage to the vessel from collision, theft, sinking, fire, and vandalism. Medical payments cover injuries to passengers and other parties. Liability coverage addresses bodily injury and property damage caused by your vessel. Uninsured boater coverage protects you when an accident involves another vessel owner who carries no insurance.
Coverage terms vary significantly by vessel type. High-performance powerboats, yachts, and large sailboats may require specialty marine policies. Jet skis and personal watercraft are often written on separate policies given their higher accident rates. One critical distinction: agreed value vs. actual cash value. Agreed value policies pay the full insured amount after a total loss with no depreciation applied. Actual cash value policies depreciate the boat before calculating the payout — a distinction that matters significantly on older vessels.
The Liability Exposure Most Boat Owners Are Missing
Physical damage to the vessel is one concern. Liability is what most owners underestimate.
A serious boating accident can generate claims that rival major auto accidents — involving medical costs, lost wages, and pain and suffering awards. Standard homeowners liability, even where it technically applies, is rarely sufficient for a serious on-water incident. Pairing a watercraft policy with a personal umbrella adds a critical layer of protection that every boat-owning household should consider before the season gets fully underway.
A coverage review that examines your vessel type, how and where it is used, who operates it, and where it is stored can identify gaps in your current program before July gives you a reason to find them on your own.
Ready to make sure your time on the water is actually covered? The team at Tooher-Ferraris has been helping families protect what they enjoy most since 1932. Contact us today to schedule a no-obligation consultation.
- Business Insurance
When did you last sit down and go through your equipment schedule, line by line?
For most contractors, the honest answer is: at some point during the original policy setup, and not since. That is a problem — and in 2026, it is a more expensive problem than it used to be.
Construction replacement costs remain elevated across the board. Equipment values have shifted. Over the course of a busy year, you have likely added tools, acquired new machinery, sold off old assets, or taken on rented equipment under contract. Some items on your current schedule may no longer exist. Others that do exist are not listed at all. That mismatch between what you own and what your insurance program actually covers is underinsurance and most contractors do not discover it until a claim forces the issue.
Why Equipment Schedules Go Stale
Insurance schedules are snapshots. They capture the state of your operation at the time the policy was written or last formally updated. Between renewals, equipment changes constantly — purchases, disposals, lease returns, rental agreements that come and go with specific projects. Most of those changes never reach your broker.
The result is a schedule that may reflect your operation from two or three years ago. According to Gallagher’s 2026 market analysis, construction-related replacement costs remain 15 to 20% above pre-pandemic levels. An excavator that cost $120,000 in 2021 may cost $140,000 or more to replace today. If your scheduled value is still $120,000, you will absorb that gap out of pocket after a total loss.
According to Sentry Insurance’s 2026 Construction Outlook, contractors who have not updated their equipment and property values within the last 12 months face the real possibility of discovering a coverage shortfall mid-loss when there is no opportunity to correct it. Beyond the dollar impact on a single claim, many inland marine and equipment floater policies include coinsurance provisions. If declared values are significantly below actual replacement cost, the insurer may apply a coinsurance penalty that reduces the payout on even a partial loss.
What a Good Equipment Audit Actually Looks Like
An equipment schedule review does not need to be a major project. At its core, it is a structured comparison of what you own against what is listed on your policy, followed by a conversation with your broker about whether the values, coverage structure, and deductibles still match your operation.
In practice, that means pulling your current equipment list from your fixed asset records and comparing it item by item to the policy schedule, identifying items that appear on the schedule but have been sold, returned, or written off, adding any equipment acquired during the policy period that is not currently listed, and updating scheduled values to reflect current replacement costs rather than depreciated book values.
One category contractors consistently miss: technology and field equipment. Laptops, tablets, GPS units, and laser measurement devices have real replacement costs. They also travel with crews daily, making them some of the most exposed assets on your program. Most were not on anyone’s radar when the original policy was set up years ago.
When to Do It — and How Often
The most natural time is 60 to 90 days before your policy renewal, giving your broker room to market updated values and structure coverage before the new period begins. The Dynamic Risk Synergy Portal offers loss control resources that complement a commercial insurance coverage review, helping identify both operational gaps and insurance program vulnerabilities before they become claims. At minimum, a formal equipment schedule review should happen once a year. If you have had a significant year — major acquisitions, new project types, expanded operations — more frequent reviews are warranted. Your insurance program is only as accurate as the information behind it.
Ready to make sure your equipment coverage reflects what your business actually owns? The team at Tooher-Ferraris has been helping contractors build accurate, complete insurance programs since 1932. Contact us today to schedule a no-obligation consultation.