The value you place on your possessions, whether inherited or acquired over the years, is clear. We share this passion and seek to help you safeguard and protect you and your family’s legacy.
It’s all too easy to underestimate the replacement cost of your belongings. Without the right home contents insurance advice, some policies simply won’t pay out. That’s where we come in – we take our role in advising you about your home contents very seriously and will work with you to tailor your protection to your individual needs.
Who we support
Clients with multiple homes
International homeowners
Owners of unusual or non-standard properties
Period and listed property owners
Clients with art, wine or antique collections and luxury jewellery/watches
Owners of yachts, superyachts and prestige vehicles
We’re Specialists in high value home insurance
Challenges facing high value homeowners
As a high value homeowner wealthy, successful individual, the risks and insurance challenges you face are varied and often complex. High value homes often feature unique architecture, rare materials, or luxury fixtures and fittings, which can be costly to repair or replace. Insuring these properties requires cover that accurately reflects both the cost to rebuild the property and to replace your valuable possessions.
How we support
We understand the complexities of protecting high value homes and valuable personal possessions. Our personalised approach means that we can deliver the home insurance you need to protect what matters most to you. If the worst were to happen, we’ll stand shoulder to shoulder with you and support you through our dedicated in-house claims team.
Giving you peace of mind
Arranging insurance for high value homes can seem difficult and unless items are adequately valued, the risk of underinsurance is real. Making sure you have the right insurance in place provides peace of mind, knowing that should the worst happen, your assets are protected. We aim to give you confidence that your insurance will deliver on its promise when you need it most.
Our ecosystem spans a range of services:
Security
- Architectural
- Cyber
- Personal
- Physical
- Reputational
Asset advisers
- Art collection
- Management valuations
- Shipping and packing
- Tax management
- Wealth management
Property
- Acquisition
- Construction
- Maintenance
- Surveying
Lifestyle
- Jewellery
- Luxury escapes
- Supercars
- Watches
Security
- Architectural
- Cyber
- Personal
- Physical
- Reputational
Asset advisers
- Art collection
- Management valuations
- Shipping and packing
- Tax management
- Wealth management
Property
- Acquisition
- Construction
- Maintenance
- Surveying
Lifestyle
- Jewellery
- Luxury escapes
- Supercars
- Watches
What is high value home insurance?
High value home insurance is designed to protect properties valued significantly above the average market price. It addresses unique risks faced by homeowners of large, listed and unusual properties and those with valuable personal assets including antiques, art collections, jewellery and watches, performance and prestige vehicles and yachts.
Unlike standard home insurance, which is often purchased by way of a one-size-fits-all solution, high value home insurance is tailored to reflect your specific needs to protect your home, your family, your belongings and your lifestyle.
If you own a high value property, then seeking expert advice that is tailored to your individual needs is essential. Having inadequate home insurance cover can lead to significant financial loss in the event of a claim.
Who do we support
Clients with multiple homes
Tailored insurance solutions for clients with multiple properties, providing cover across different locations, property types and usage patterns.
International homeowners
If you own property overseas, we can help you build resilience against the unique challenges that insuring properties located outside of the UK can bring, including compliance with local regulations and managing risks associated with overseas ownership.
Owners of period and listed properties
Owning and insuring a period or listed property brings its own unique challenges. You need insurance cover that can deliver in the event of a claim, enabling you to rebuild your home with the right materials, using qualified and often specialist trades to maintain preservation requirements. We can provide bespoke cover for your beautiful, historic home to help maintain its unique character.
Clients with high value personal possessions
As a successful individual, your personal belongings are more than just a valuable painting, antique or a car that you just love to drive – they’re part of you and reflect your lifestyle. High value home insurance provides cover for more than just the bricks and mortar and standard contents that make up your home. We can design your home insurance to include supercars, yachts, wine collections, art and antiques as well as designer jewellery and watches, giving you the peace of mind that you can enjoy everything you’ve worked hard for.
Owners of unusual or non-standard properties & properties undergoing renovation
If your home is a unique architectural design, a listed property or is of non-standard construction, obtaining home insurance can be tricky and gaps in cover or limits can often be imposed. Additionally, if you’re taking on a renovation project, there can be additional risks whilst the works are carried out – particularly if your property is unoccupied during this time. Our team has expertise in providing tailored insurance that accommodates unique features, unconventional layouts, or unusual building materials, enabling comprehensive cover for your distinct home.
Why choose Partners& for your high value home insurance policy
We care about you and your valued possessions, whether we are protecting your home, prestige cars, and valuables, such as your art and jewellery collections.
Guiding you through the process, we will help you make sense of all your personal insurance needs whilst making clear recommendations regarding their protection.
Our highly experienced Private Client team love working through the details with their clients, and will take the time to fully understand your lifestyle and priorities, including a complimentary personal home visit where appropriate. And, should the worst happen, our in-house claims team will stand shoulder to shoulder with you to provide dedicated support aimed at reaching the right outcome for you.
In short, we aim to give you confidence that your insurance will deliver on its promise when you need it most.
Usual types of cover for high value homes
Buildings cover
Provides cover for the structure of your home in the event of perils such as fire, flooding and other natural disasters, enabling the rebuild of the property if it is damaged or destroyed, as long as it is insured for the full rebuild value.
Contents cover
Protection for your personal assets and belongings, including luxury and high value items such as jewellery, art and collectibles, in the event theft, loss, or damage.
Cover for unique items, collections and luxury personal belongings
Tailored protection for unique assets, such as high value art, antiques, and wine collections, making sure they are insured for their true market value.
Extended replacement cost
Offers additional funds beyond the home’s insured value to cover rebuilding costs in case of a major disaster when construction prices soar.
Alternative accommodation cover
Provides you with a comfortable and safe place to stay whilst your home is repaired following an event such as a flood or fire, enabling you to carry on with life.
Worldwide all risks cover
Extends protection to your personal property no matter where it is located, whether at home or abroad.
As a successful individual, your assets will likely include a high value home with luxury fixtures and fittings as well as valuable personal possessions such as art, antiques, jewellery and vehicles. High value home insurance is designed for people just like you and protects more than just your home – it protects your lifestyle.
It’s really important to make sure you insure items such as your jewellery, watches and artwork for the current value as these markets fluctuate and could leave you at risk of being underinsured. Getting a professional valuation is the best way of making sure your sums insured reflect the true value of your possession – and it’s easy to arrange. Talk to us to find out more.
Understanding what’s covered and what isn’t is vital when it comes to home insurance. Your home insurance policy should reflect the risks you’re exposed to and provide the protection that suits your personal circumstances. This vital advice cannot be found with an off-the-shelf offering. Points to consider include worldwide cover, replacement cost protection, specified item cover for your high value possessions – and a dedicated claims support team to assist should the need arise.
The cost of a high value home insurance policy varies significantly based on factors such as property location, value, and sums insured, but it typically ranges from 1% to 2% of the home’s insured value annually. However, to make sure you have the right cover for your home and possessions, you should seek professional advice from an insurance adviser with expertise in this area.
High value home insurance offers tailored cover to help you and your family build resilience against the unique risks you face as the owner of a high value or unique property. Having the right home insurance in place that’s designed specifically for you delivers peace of mind that you have the protection you need should the worst happen.
Using a reputable insurance company can be a good place to start when it comes to home insurance and they may well offer wide cover and a good claims service. However, we often discover that whilst the insurance provider is a good choice, either there has been limited or no advice given in terms of the risks the client is exposed to or the levels of cover, leaving gaps in cover and the risk of underinsurance.
Whilst an insurance renewal date is a key prompt to review your cover, you can review your insurance arrangements at any time. This is particularly important with high value home insurance policies as values fluctuate – and if you’re underinsured, the sooner your cover is reviewed and set at the correct levels, the better. If you discovered that your existing home insurance was not fit for purpose, would you want to wait months to change things?
Any Questions?
Meet our High Value Home Insurance Team
Nick Luxton
Partner, Private Client Business Development
