High Value Home Insurance Northern Ireland
Posted: December 21st, 2008 | Author: George | Filed under: Northern Ireland Insurance | Tags: home insurance northern irelandHigh value home insurance is a specialised product, supplied by specialised providers, for people whose homes and personal contents need to be insured for significant sums, typically over and above those catered for by standard home insurance policies. High value buildings insurance for example typically starts at around £350,000 while high value contents insurance typically starts at around £100,000.
Contents insurance of this type can be used to insure valuables of many different types such as expensive or antique jewellery, works of art, collectors items etc., whether or not the items are physically in the home at all times or not Accidental damage cover can usually be included in the home insurance policy if desired and very often is standard.
High Value Home Insurance Northern Ireland perhaps understandably, sometimes requires a higher premium than standard home insurance and often special conditions applied, such as a stipulation that jewellery, for example, must be kept in a safe whilst not being worn. This is not always the case however, as specialised providers are sometimes better positioned to make a specific, expert valuation of a property and its contents, the net result of which may actually be a cheaper insurance premium per thousand pounds of cover.
In either case, the benefits of high value home insurance usually include all risks cover, worldwide cover for your personal effects, and new for old cash settlements. It is advisable to obtain a professional valuation of your home and its contents every few years and to keep an itemised list of significant personal possessions so that you can be certain that you are adequately insured against burglary, vandalism and against calamitous events such as fire, which may require your home to be totally rebuilt and all your contents replaced.
