Review Time
We have paid into these policies for several years at a premium with the expectation of not paying the additional surplus contribution fee after we had been with them for 5 years. Instead of getting to this point, they dropped all of our policies without a single claim because they want less coastal exposure. The reason for dropping us on the non-coastal property as well as auto and umbrella is “not enough policies.” Really Vault? Would not recommend, especially if they front-load extra fees with the promise of the additional "surplus contribution" falling away after being loyal customers and staying with them.
As a high Net Worth Client that's paid over 120K in premiums in 3 years they just decided to pull out of the FL market as a "Catastrophic Risk" so they took the money & ran as far as I'm concerned. They also cancelled excess Liability citing no "underlying coverage" which they cancelled. BTW Never Had a claim. POS Scam Company.
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Vault offers high net worth personal insurance and customized solutions for individuals and families. We’re not just insuring assets, we’re reducing risks with data-driven technology to protect what matters most – cherished moments, family memories, and priceless legacies.
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