High Value Home Insurance

For householders who need insurance for a high value home a standard household insurance policy does not give the level of cover that is required by a high net worth individual. Some policies appear to offer substantial protection, professing to automatically give very high levels of cover or even unlimited cover. Home owners presented with such options need to be reminded of the wise expression - too good to be true. Such offers invariably have restrictions within the small print which for example might limit the amount claimed on an unlimited policy to a maximum of 1,500 for any single article and require evidence of purchase for everything you claim for.

A proper high value home insurance policy should be designed specifically with the policyholder and their lifestyle in mind, not simply a standard household policy with superficially high levels of cover.

A High Value Home Insurance policy can include some of the following benefits not normally found in a standard home insurance policy:

Cover for pairs of items if just one item is lost or broken
Liability insurance for domestic employees
Trace and access cover for burst pipes
Cover for garden ornaments & garden furniture
Legal expenses insurance
Cover for high value items, silver & antiques
Worldwide cover for items removed from the home including sporting equipment
Emergency assistance for domestic emergencies
Provision of your own loss assessor in the event of a claim
Extension to include cover for childrens possessions at school or university
Insurance for second homes and holiday homes
Pet Insurance
Travel Insurance
Cover for identity theft
Kidnap & ransom insurance
Free from warranties or restrictions
Higher limits before valuations required

The key to insuring a high value home is quality advice and a quality insurance policy. To get the right insurance advice you should consult an independent insurance broker, who has access to a range of specialist high net worth polices from different insurance companies. They will then be able to give you impartial advice on the cover you need and provide a policy to suit your requirements. For help with high value home insurance you could try experts www.sutcliffeinsurance.co.uk or call 01905 21681.