Articles >> Why You Should Look At A High Value Home Insurance Scheme

Your really expensive pieces of jewellery, precious antiques, fine art and modern day home entertainment systems might not be sufficiently covered under a typical property contents insurance plan. Often a regular house contents policy will fail to offer you satisfactory levels of cover for most of these luxurious items and you might therefore really need to consider a more specialist high value home insurance policy.

Suitable insurance protection for your valuable pieces is commonly neglected

We are living in a society whereby financial achievement is often measured by the number of personal possessions we have invested in, yet ensuring that your collections of expensive art, valuable antiques and precious jewellery are totally covered by insurance, for all types of risk, tend to be overlooked.

It can be worth evaluating the really valuable items you will have purchased, on a regular basis. It can be quite easy to lose touch with how much high priced pieces you could have at home, that is probably not sufficiently protected by a normal home contents policy. As an example you could have recently inherited a very important family heirloom or invested in the most up-to-date, cutting edge, 52 inch, 3D tv set and home theatre sound system.

A high value home insurance scheme features excellent levels of protection

 

A professional high value home insurance scheme or high net worth insurance cover, as it's quite often known as, provides the maximum protection and a selection of benefits that may not be readily available under a typical household contents insurance policy. This sort of policy was designed to offer you enhanced and highly adaptable cover that is typically directed at clients with property contents which have been valued above £75,000.

In general, a high value home insurance scheme should include the following benefits: 

Customised and unique cover, specifically made to protect your expensive possessions which include jewellery, antiques and fine art

Global "All Risks" insurance coverage, including accidental damage, for all of your special items

All claims must be settled on a "new for old" basis, with no reductions for wear and tear, and should also include clothing

No "average clause", hence no under insurance issues

 

No particular valuations needed for goods under £25,000 or £50,000 for works of art

An efficient and reliable claims service

Worldwide yearly travel insurance cover, for your family, however a supplementary premium may perhaps be required for this

Even though a high value home insurance scheme may well be more costly when compared to a normal property contents insurance product, this is a reasonably small amount to pay for the advanced level of insurance available for all of your treasured possessions.