High-Value Home Insurance

Typically, a person with high-net-worth requirements will need to protect higher value properties and contents, sometimes with assets and collections that cannot be covered on standard household. Policies can be combined buildings and contents, or individual policies for either buildings or contents only.

Household sums insured (re-build costs) for high-net-worth customers is typically upward of £500,000 buildings sums insured and £150,000 for contents.

Examples of items that a high-value home insurance policy can cover include:

• Boats
• Fine art
• Antiques and collectibles
• Jewellery
• Musical instruments/equipment
• Buildings (including grounds and other outbuildings such as stables)
• Technology – laptops, desktops, tablets and mobile phones
• Cyber crime

You can make changes to your policy at any time, this includes if you have planned building works or home improvements. You can add or delete items from your policy as your circumstances change. It is important to let us know if your sums insured requirements change, so that you are not at risk of underinsurance in the event of making a claim.

This will depend on your selected policy provider, and in some cases, they will request or arrange a survey of your property to assess detailed property cover requirements, and any risks associated with your property. You may also be asked to provide or arrange valuations of certain items or your personal possessions. Typically, policies will contain single article limits for valuable or items of fine art, beyond which valuations will be required. The valuation requirements may vary between insurers and your account executive will be able to provide more information should this be the case.

You can pay by credit card or monthly Direct Debit

If you prefer to spread the cost of your annual premium, we offer a quick and easy Direct Debit scheme. When you choose to pay premiums in instalments, you will be paying under a premium finance plan.

We will give you full details of the finance provider, and the additional cost of finance, when we provide you with your payment plan quotation. This will include the total payable, the number of monthly instalments and the cost of each, as well as the representative APR.

A policy excess is the first amount you are required to pay towards each claim made under a policy.