On the second installment of Through the Wealth Lens, Hannes is joined by Adam Pauska, Owner of AXG Advisors, a high-end property, casualty, and life insurance broker, to discuss the key mistakes affluent homeowners are making today. As your wealth increases, so does your responsibilities. For those that may own multiple homes, car collections, jewelry, and much more, there are countless elements to consider when examining insurance coverage.  Listen as Hannes and Adam explore these mistakes and present strategies to avoid these pitfalls when examining your own assets. So sit back, relax, and enjoy another enlightening conversation!   Timecodes: 0:08 – Overview on the topic of the day and introducing Adam Pauska 2:06 – Why it makes sense for homeowners to do a financial check-up on their homes 4:46 – The five most prevalent mistakes affluent families are making 9:32 – Not having enough liability insurance coverage 12:11 – How a homeowner can tell if they have a lack of adequate coverage 14:52 – Mistakes to avoid if you have more than one home 17:08 – Failing to list trusts or LLCs on a homeowners insurance policy 18:49 – Considering the home’s unique architecture and where insurance comes into play here 21:20 – Considering valuable collections and how to have proper insurance coverage on these 25:55 – The next steps homeowners should take to address any of these concerns 28:08 – How a financial advisor can help a given family’s situation 29:00 – Closing remarks   Connect with Hannes Grascher: https://www.ubs.com/us/en.html (Website) https://www.linkedin.com/in/hannes-grascher-cepa%C2%AE-51a582/ (LinkedIn)