High Value Home Contents Insurance

How to insure fine art, jewellery or antiques?

Although most contents insurance packages will cover your high-value items, insurers will often set an upper limit on what you can claim back, usually around £1,000 to £2,500 per item. This limit will not suit many extraordinary or luxury goods, should you lose your home in a fire or a theft occur. Furthermore, the everchanging value of items such as art and jewellery can become an issue in the event of a claim. Due to the restrictions set on luxury items by insurers, investigating high-value home contents insurance may be worthwhile.

What is high-value home contents insurance?

High-value contents are usually classed as items that will cost over £1,000 to replace. Insurers will generally split high-value luxury items into two categories, technology and valuables. Valuables refer typically to items like fine art, jewellery and antiques. Coin collections, Musical instruments and furs, amongst other things, can also be considered home-value. High-value home contents insurance is typically used by people also looking for high net worth home insurance.

Fine Art Insurance

Whether you are an avid fine art collector or have simply inherited some art from a loved one, you will likely want to display it proudly in your home instead of hiding it in a secure location, like a safe. However, this does mean that your art is at an increased risk of being damaged or stolen.

What does fine art insurance cover?

Fine art predominantly covers high value:

• Paintings insurance
• Prints insurance

Jewellery Insurance

Since the start of the COVID-19 pandemic, jewellery purchases, especially high-value jewellery, have boomed. Unfortunately, this has also resulted in an increase in jewellery-related insurance claims across both theft and damage. Investing in specialist insurance for your prized items can help when you need to make a claim. Meaning you can enjoy your favourite jewellery with piece of mind.

What does jewellery insurance cover?

Jewellery insurance mainly covers high value:

• Watch insurance
• Necklance insurance
• Rings insurance
• Brooches insurance
• Earrings insurance
• Bracelet insurance
• Heirloom insurance

Antiques Insurance

Much like fine art, antiques are collected to display, whether in your home or outdoors; this can increase the likelihood of a claim being made.

What does antiques insurance cover?

Antiques insurance mainly covers higher value:

• Statues insurance
• Ceramics insurance
• Sculptures insurance
• Furniture insurance
• Clocks insurance

Frequently asked questions

Can I insure expensive clothes and accessories?

Yes, high-value home contents insurance can be used to cover other expensive items like designer clothing, expensive designer handbags, designer shoes and other accessories.

Is high-value home contents insurance expensive?

The price of your cover is entirely dependant on how expensive it would be to fully replace your items. The premium will also depend upon whether you want 'all risks insurance' cover, for protection of items that you take with you outside the home, such as watches, jewellery, handbags and clothing.

How can we help?

If you are considering insuring your higher value items, QuoteRack works closely with insurance brokers who can offer you access to specialised schemes offered by niche insurance companies looking to provide high-value home contents insurance.

Making sure that you have the correct sums insured for each individual item or for your art, antique or jewellery collection is critical to ensuring that you have the correct level of insurance cover - get these valuations correct right from the start and you minimise the risk of being under-insured.

Enquire through QuoteRack for your high-value home contents insurance

If you have explored other avenues of enquiry in your search for high-value home contents insurance, then you are welcome to submit your details through the QuoteRack website, without cost or obligation to proceed when you receive your insurance quote.