High Net Worth Home Insurance

Overview

High Net Worth Home Insurance is a specialist form of home insurance designed for people who either have large sums to be insured on their contents or live in exceptional houses e.g. listed buildings, country residences or a large modern home.

The premiums take into account that these people usually have a better attitude to risks and also appreciate the extra cover that the insurance policy provides - standard house insurance policies, even those offering 'unlimited sums insured' have limits on valuables and other precious contents - rather than insuring solely on price.

Special Offer

For covering your high net worth home, although price isn't everything we can guarantee to match or better your current mid or high net worth home insurance policy providing it is through a recognised and approved Mid or High Net Worth Insurer or specialist Underwriting Agency.

Typical Benefits - Buildings

• All risks insurance for the structure of home and outbuildings.

• Insurance to cover the cost of alternative accommodation for up to 5 years if you cannot live in the home

• Up to £50,000 for finding leaks in the home water or heating systems

• Up to £25,000 if you need to make alterations to your home as a result of permanent disability to any member of your family

• Works being done on your home are covered up to £75,000

• Damage to the garden of the home as a result of fire, theft or vandalism

Typical Benefits - Contents (no restrictive security warranties)

• High Net Worth home provides Worldwide All risks cover, including accidental loss or damage to the contents of the home, including damage by domestic pets

• No need to specify items in the home unless they are worth more than £7,500 for jewellery and watches or £15,000 for contents, art or antiques

• Up to £15,000 for hired in marquees and associated equipment

• Up to £2,500 to pay for repairs or replacement of memorial stones

• £5,000 cover for money - increased to £10,000 for money in the safe

• Cover for the property of guests staying in the home and any domestic employees

• £5,000,000 liability cover for damage to goods or injury - increased to £10,000,000 for injury to domestic employees

• Unlimited cover for replacing locks and keys to the home and its security devices if they are lost or stolen

• Automatic cover for newly acquired items for 60 days up to 25% of the contents sum insured

• £10,000 for any golf cart, quad bike or vehicle designed for the use of disabled persons (provided RTA cover is not obligatory)

• No excess on claims exceeding £10,000

• We need to be advised if the home is unoccupied for more than 60 days - cover will then exclude theft/ malicious damage and escape of water/ oil unless agreed otherwise.

Extra Benefits

• Up to £50,000 to provide you with a lawyer to represent you in legal disputes once you have notified the 24-hour helpline

• Emergency property assistance for repairs of essential services up to £500 (including VAT) for call out charge and up to 2 hours labour costs, parts and materials

• Identity theft - cover up to £50,000 to cover fees and expenses if you are the victim of identity fraud.

If you feel that this high net worth home insurance is suitable for you please call us on 0191 4772231. We feel that it is best for us to discuss the policy with you - and answer any questions you may have rather than just provide an online quotation facility. If you appreciate the benefits that such a policy brings then no doubt you also appreciate personal contact with the firm that arranges such a policy.

As well as high net worth insurance we offer policies such as extended warranty and boiler breakdown insurance see here for products such as boiler breakdown and extended warranties. Buy to let insurance is available at our landlords insurance page and cheap travel insurance - including backpacker, long stay and over 65 travel insurance is available through our Travel Insurance quotation system if you are planning a holiday.