Recent housing booms and higher than average incomes are responsible for an increase in the number of households where standard home buildings and contents insurance policy limits no longer apply.

Fortunately, there are higher value homes insurance polices subject to eligibility where contents cover begins at £50,000 and buildings cover at £175,000. Single article limits for valuable items inside and away from the home such as antiques, jewellery, paintings, televisions, computers and hi-fi are usually higher to reflect the affluence of the occupiers and the higher value of their possessions.

Although higher value home insurance policies are not specialist, you can expect personal customer service and additional benefits which may be included such as cover for bicycles, students’ possessions, theft of cash and credit cards, theft of possessions from unattended vehicle, travel insurance, legal expenses and home business equipment..

Most UK companies providing higher value homes insurance cover often offer security advice which can save money in certain instances. Examples of this include insurance approved security systems such as burglar alarms, door and window locks and membership of official neighbourhood watch schemes. In order to insure expensive items such as rare antiques or fine art, you may be required to photograph such items as this provides a documented record for an insurance claim and also helps the Police trace the item should a theft from your home occur.