High Value Home Insurance

Working with a broker like Stanhope ensures that your high-value home insurance is tailored to your requirements. We do this by asking certain questions typically not included by the general market to accurately determine your risk and negotiate more favourable rates. Read our high-value home cost calculator for more information.

Yes. As standard, all of your general contents and valuables will be covered while in your home, away from your home, and worldwide (usually up to 60 days in any one trip with unlimited trips per policy period).

These four simple questions will help you to determine if high-value home insurance is right for you.

1. Will it cost you more than £1,500,000 to rebuild your property? (Read our guide to rebuild value vs market value)
2. Will it cost you more than £150,000 to replace all of the general contents in your home?
3. Is the total value of your jewellery, watches, artwork and other collectables more than £50,000?
4. Are you paying more than £2,000 per annum for your home insurance?

Read more in our article on qualifying for high-value home insurance.

Stanhope’s can make finding the right product easy by using our expert industry knowledge to advise you on the most suitable insurance provider for your high value property and contents.

We have access to the leading home insurance products in the UK that are usually unavailable directly with an insurance company, allowing you to keep your high value home insurance costs down. At Stanhope, we know the history and philosophy of each of our trusted insurance partners, and therefore, we know which insurers are the most suitable for your property.

Above all else, we focus on their longevity, price consistency, and insurer’s claims service to give you complete peace of mind when insuring your home.

Our trusted partners at Rebuild Cost Assessment can perform accurate home valuations, including contents.

General contents refer to any day-to-day item, such as clothing, bedding, homeware, computers, TVs, furniture and so on.

Valuables are any items of monetary or sentimental value, including jewellery, watches, artwork, paintings, and other gold, silver, or coin collections.

Various factors may influence the cost of a high value home policy, namely location, property value, home security and your claims history. For example, increasing the quality of home security in your home may not only lower insurance premiums but also offer peace of mind.

In addition, factors such as the age of your home and whether you opt to insure multiple homes can have an impact on your premium.

Yes. High-value home insurance policies are ‘all-risk’ policies, meaning that all items are covered for all risks (excluding items noted in the exclusion section of a policy). All-risk policies extend to include accidental damage and loss.

Some high-value home insurance policies offer travel insurance as standard, while others include it for an additional premium and others won’t offer it at all. Get in touch with our experienced insurance advisors to receive a personalised quote.

Yes, our high value home policy can cover multiple properties. Get in touch with our team to amend your existing policy.

Most high-value home insurance policies are ‘sums insured’ policies, which means they provide the exact sum insured requested by the client. As a result, the premium is largely driven by the amount of cover required (the sums insured to rebuild the property as brand new). The rebuild value must include debris removal, professional fees, and VAT. A broker or an insurer can’t tell you what rebuild value you need to insure the property for.

The good news is that most high value home insurance policies offer a building appraisal free of charge. Additionally, Stanhope works with trusted partners at Rebuild Cost Assessment, who can appraise the rebuild at a discounted rate exclusively for Stanhope customers.

There are many names for high-value home insurance, namely:

1. Prestige home insurance
2. Luxury home insurance
3. High-net-worth home insurance
4. High-end home insurance
5. Executive home insurance
6. Premium home insurance
7. High-value property insurance
8. Bespoke home insurance
9. Specialist home insurance
10. Valuable home insurance
11. Fine home insurance
12. Executive residence insurance
13. High-value dwelling insurance
14. Mansion insurance
15. Estate insurance