Luxury Home Insurance
Luxury Home Insurance
Elegance Unveiled, Security Redefined: Luxury Home Insurance Excellence
If you’re looking to protect your high end, luxury sanctuary, Arkwright’s Luxury Home Insurance is designed to keep every aspect of your home safe. Protecting your luxury property and the high value assets inside need more than what a standard home insurance policy can offer in terms of protection. Whether you own a Grade II listed home, a manor in the countryside, or a luxury penthouse in the city, we tailor all of our policies to give you comprehensive protection which reflects your lifestyle and the true value of your home and contents.
What Do You Get With Luxury Home Insurance?
We understand that luxury homes often contain priceless assets and higher valued features and fittings which only a luxury home insurance cover can protect. With Arkwright, here are a few of the added benefits you can expect from protecting your home with us:
- Protection of the grounds and structure of the home. This includes bespoke designs and builds, historical architecture, extensions and outbuildings
- Cover for your high value contents inside the home, such as fine arts, antiques, luxury furnishings, and jewellery
- Specialised protection for home security systems and smart technology, which is essential for your homes security
- Property owner liability insurance. This covers claims for injury or damage on your estate
- Optional risk cover for events such as flooding, subsidence, and accidental damage
- Agreed value cover which reflects your homes valuation
Types of Cover in Luxury Home Insurance
Owning a luxury home means you need the appropriate level of cover to ensure everything is cover in and around your estate. Luxury home insurance gives you that added peace of mind knowing that every aspect of your home and lifestyle is covered with the correct levels of protection.
Here are some of the types of cover included:
Building Cover
This cover protects the structure of the building, including any unique architecture, extensions or outbuildings. Building cover ensures that the costs involved with repairing or rebuilding after damage are fully covered within the policy.
Contents Cover
Not only does the building need to be covered, the contents inside of your home also need o be protected. Contents cover protects your most valuable possessions inside the home. This could be fine arts, antiques or custom furniture. Our policies cover the high valued items inside luxury homes.
Accidental Damage
Things can go wrong in any situation, including inside your home. Having luxury home insurance ensures that any accidents which happen at your property are covered.
Liability Cover
This cover protect yourself against the legal liabilities which can occur if someone gets hurt or damages your property.
Flood and Subsidence Cover
All properties whether they are luxury or not, need protection against environmental risks. We offer tailored cover for damages caused by flooding, subsidence, and other natural disasters.
Security Systems & Home Technology
With technology slowly taking over all aspects of our lives, having smart home tech and advanced security systems installed also require cover to keep you safe both physically and financially.
Things You Should Know About Luxury Home Insurance
Owning a luxury home means ensuring the finer details are protected so you don’t get left short in covering what matters to you the most. Here are a few things that you should consider before taking out a policy for your luxury home:
Valuation Is Critical
As a luxury home owner, you will be all too familiar with having had a professional valuation carried out to determine the accurate agreed value of your home. Ensuring these valuations are carried out regularly and updating your policy will help keep everything up to date should anything change since the start of your policy.
Specialist Repairs and Restoration
For valuable contents, we can help put you in touch with industry experts who understand the craftsmanship and true value. This can help get you the payout you need to restore items should any damages occur.
Security and Risk Management
Insurers take into consideration state of the art security systems, CCTV, and other security measures when reviewing your cover and premiums. By keeping these protective features well maintained, you can help lower your insurance costs and help claims to run smoothly.
Declaring Seasonal or Occasional Use
If you don’t live in your luxury home and only use it as a holiday sanctuary, then it is important to declare this. Many policies offer flexibility when it comes to the levels of cover to accommodate times when the property is unoccupied.
Claims Handling
Claim can become overwhelming and time consuming especially when a high valued property is involved. We provide access to dedicated claims support to ensure the claims process is less disruptive to your life.
Security Systems & Home Technology
In these modern times, luxury home insurance needs to cater for smart home tech and advanced security systems. Our team can find you the cover that takes these sophisticated systems into account, keeping you safe both physically and financially.
Each type of luxury home insurance cover is tailored to reflect the unique requirements of your home and lifestyle, ensuring you’re comprehensively protected from every angle.
Why Choose Arkwright for Luxury Home Insurance
At Arkwright Private Clients, we are specialists in offering luxury lifestyle insurance policies which go above and beyond what you would find in a standard policy. We are industry experts when it comes to understanding the unique challenges luxury homes can present. Therefore, we provide:
- Agreed value cover which reflects your property’s true value
- Bespoke claims support from experts experienced in the luxury market
- Flexible levels of cover tailored to your luxury home and lifestyle
- Access to specialists for repairs and restoration
Choosing Arkwright for your luxury home insurance means you’ll receive ongoing support from a specialised network which understands your lifestyle, providing you with exceptional service every step of the way. Our team are dedicated to protecting your investments with the best levels of care, giving you complete peace of mind.
High value home insurance by Arkwright Private Clients
What is high value home insurance?
High value home insurance provides you with comprehensive cover for unique risks, such as costly repairs and renovations, as well as the unique contents inside your home. Having high value home insurance will mean that any valuable assets are properly protected in case of any unforeseen events. This level of cover offers higher coverage limits to protect valuable assets and investments inside your home.
Worldwide Cover
Cover for contents including electronic devices, jewellery and watches, option to add Worlwide Travel Insurance
Watch Collection Insurance
Specified Cover Worldwide
Art Insurance
Bespoke cover for art, antiques, jewellery and watches with expert underwriting
Cyber security insurance
Cover for connected home devices in the event of cybercrime, such as identity
Comprehensive Covers
Accidental damage cover included as standard
Home Emergency & Legal Cover
Home emergency cover with 24 hours helpline & Legal Helpline and Assist Cover
FAQ
What is luxury home insurance?
Luxury home insurance is a tailored policy to cover high value properties, as well as providing enhanced levels of cover for the valuable contents inside the home.
What does luxury home insurance cover that standard policies don’t?
Luxury home insurance covers things like unique architecture, valuable contents, advances home technology and outbuildings. This level of cover is not usually offered by standard home insurance policies.
What types of coverage are included in luxury home insurance?
Luxury home insurance covers the building structure, custom interiors and furnishings, jewellery, liability claims, alternative accommodation, and worldwide protection for valuable possessions.
How is the value of my luxury home and contents determined?
We will help you to get a professional valuation from experts to ensure your home and belongings are insured for what they’re really worth.
Can luxury home insurance cover holiday and secondary homes?
Yes. Most luxury home insurance providers offer multi property policies, covering both your primary residences as well as holiday homes, all under one comprehensive insurance policy.
Does luxury home insurance cover accidental damage?
Yes. You can benefit from the option to add accidental damage cover, which means you’re still protected if someone knocks over any expensive pottery or damages the marble counter top.
Can I insure outbuildings and landscaping?
Absolutely! Guest houses, garages, sun rooms and even your landscaping can be included, as this is all part of your property.
What should I do if my luxury home is unoccupied for extended periods?
Many policies provide flexible cover for times when you’re away from your home for long periods, or if it’s only occupied occasionally such as a holiday home. All you need to do is let us know so that the level of cover can be determined at the start of your policy.
How does personalised claims support work with luxury home insurance?
With Arkwright, you will have access to your own personal expert who knows your policy and requirements. Our dedicated support means you will receive professional, individual support throughout your cover.
Are high-end security systems considered in my insurance?
Yes! Having the state of the art security system installed can also help to bring your insurance premiums down.
What is high-value home insurance?
High-value home insurance is designed for luxury or high-net-worth properties, offering increased coverage limits and specialised protection for valuable homes and personal belongings.
Why is high-value home insurance important?
Standard insurance may not cover luxury homes or high-value belongings adequately. High-value policies provide customized protection, addressing unique property risks and replacement costs.
What’s typically covered by high-value home insurance?
Coverage often includes the building, luxury fixtures, valuable collections, liability protection, worldwide possessions coverage, and alternative accommodation if the home becomes uninhabitable.
How is the value of a high-end property assessed?
Specialist insurers assess market value, rebuild costs, custom finishes, and valuable personal belongings when determining coverage limits for a high-value home insurance policy.
Are luxury possessions covered under high-value home insurance?
Yes — these policies typically include worldwide coverage for valuable items such as jewelry, art, collectibles, designer clothing, and high-end electronics, protecting them at home and abroad.