Home Insurance for High Value Houses
High value home insurance is specially designed for people with property and possessions of significant value. Generally speaking, if the cost of rebuilding your home is above £400,000 then you would be eligible. Similarly, if the cost of replacing personal possessions exceeds £80,000 then high value home insurance is the one for you.
More Comprehensive Home Insurance
If you want something more comprehensive than the standard home insurance package then high value home insurance is the ideal choice. High value home insurers will offer higher cover levels so that you are never underinsured. They will also insure items that other insurers wouldn't touch. If you have valuable jewellery, antiques or fine art then you should opt for high value home insurance. You would then be fully covered for the loss or theft of an item- if it were to be damage then the insurer would cover the cost of restoration work and for the subsequent loss in value due to the damage. Unlike standard home insurance, accidental damage cover also tends to come as standard with high value home insurance giving you added protection against your valuables.
Extra Protection and Dedicated Advice
Home insurance for high value houses usually comes with extra levels of both protection and customer service. Valuations of the property and possessions are carried out by experts in their field so that you have peace of mind that you will be fully covered. High value home insurance policies also tend to be tailored made for each individual customer, taking into account any personal requirements. Most insurance firms that offer cover for high value houses will offer direct access to a dedicated insurance expert who will be able to offer assistance and advice if the worst was to happen.
The majority of leading UK insurance firms offer home insurance for high value homes which is why it's a good idea to shop around to find an insurer that offers the right level of protection at the right price.
DISCLAIMER: All content is for guidance only and does not constitute individual financial advice.
www.homeinsuranceinfo.co.uk is not authorised by the FSA to advise on insurance matters.
