Your home and more specifically its contents carry a priceless and sentimental value
, but it also has a large monetary worth. If you possess items that are particularly valuable such as inherited antiques or jewellery that has been passed down through your family then it is important that you ensure both your home security and your insurance policy is adequate and capable.
High net worth home insurance is a specialised insurance that helps in protecting the lifestyles of people who have property and contents which is of considerable value. High net worth home insurance can cover your home and its valuable contents more effectively than more traditional home insurance policies, with it not only covering your contents up to a much higher value but also being more comprehensive.
As a high net worth home insurance policy is more comprehensive as it covers you for a great deal more, meaning you do not have to take out extended cover that would be needed with a regular home insurance policy. Policies often include extra cover for accidental damage, worldwide buildings and contents, or even cover for any visiting guests and their possessions.
A more personalised service is often given to anyone that is looking to take out a high net worth home insurance policy, which will give you peace of mind that everything can be sorted quickly and it will take up little of your time to arrange. Insurers can often organise free valuation visits to ensure you have a strong valuation of everything you own and that it is covered correctly. Some insurers will also provide 24 hour emergency cover as part of a high value home insurance package so there is no need to ever worry if you need place a claim at any time or day.
When looking for high value home insurance it is important that you look at the inclusive options available and the overall cover you will receive. Alternative accommodation cover is invaluable in the event of your home becoming uninhabitable from an insured loss. Identify fraud is also a growing problem and something which many people are unaware of until it is too late. A number of high net worth home insurance policies cover this as standard and often for a large monetary sum of around fifty thousand pounds.
If you have a valuable home and considerable content it is more than worth investigating the options available to you with high net worth home insurance. As house price valuations have raised over the last decade more people than ever qualify for the exclusive insurance option, and should be looking to take advantage.