If you live in a higher value home, or are a high net worth individual, with perhaps larger than normal value of property contents it can be hard to find appropriate insurance cover. Many standard off the shelf property insurance policies will not offer suitable cover for your particular circumstances. If this is the case you will require a specialist high net worth property insurance uk policy.
High net worth property insurance policies include many features that can vary from the usual home policies such as
– Full cover for all high value properties
– Special listed buildings cover
– Cover for unconventional homes/constructions
– 24 Hour personal contact
– Tradesman cover insuring you against maintenance of buildings
Because higher value homes are, by their nature, a non standard insurance risk, most high net worth property insurance policies in the UK are put together on an individual basis and tailored exactly to the customers needs.
The same approach applies to contents cover. Particularly valuable collections or items can be valued independently to ensure the cover you purchase matches your requirements.
Most high net worth policy quotes, because of their value to insurance companies receive a high level of personal attention form insurers. As a result it is more than possible for you to negotiate a better price upon receiving your quote. In addition the insurer may be able to offer a better deal if you include say your driving insurance into the same policy (this may be particularly relevant if you own a collection of cars for example).