HIGH NET WORTH
TAILORED TO YOU INSURNACE. COVER YOU CAN RELY ON.
High Net Worth Home Insurance
Specialist Protection for Exceptional Homes
High Net Worth (HNW) Home Insurance is a specialist insurance solution designed for properties and lifestyles that exceed the scope of standard household policies. Where a home involves significant rebuild costs, bespoke architecture, heritage status, or valuable collections, a purpose-built policy provides broader protection, higher limits, and enhanced service standards.
Bespoke Coverage
Tailored policies for unique properties with significant rebuild costs and bespoke architecture
Valuable Collections
Comprehensive protection for art, antiques, jewelry, and other high-value possessions
Heritage Properties
Specialist cover for listed buildings and properties with historical significance
Enhanced Service
Premium service standards with dedicated support and faster claims processing
Who This Cover Is Designed For
High Net Worth Home Insurance is typically appropriate where one or more of the following apply:
- Rebuild value exceeding €1,000,000
- Architect-designed, period, or listed properties
- Estates with outbuildings or leisure facilities
- Significant art, jewellery, wine or collectible assets
- Multiple residences (Ireland or overseas)
- Employment of domestic staff
- Senior executives, business owners, professionals or family offices
These profiles require specialist underwriting and carefully structured policy wording.
Why Standard Home Insurance May Be Inadequate
Standard household policies are designed for mass-market risks and may present limitations such as:
- Insufficient rebuild limits
- Low single item limits for valuables
- Named peril cover instead of comprehensive "all risks" protection
- Limited personal liability cover
- Generic claims handling
For high-value properties, these limitations can result in underinsurance or coverage gaps.
Key Features of High Net Worth Home Insurance
1. Certainty of Rebuild
Many specialist policies provide:
- Guaranteed or extended rebuild cost cover
- Inclusion of architects', surveyors' and professional fees
- Heritage restoration considerations
- Protection against construction cost inflation
This ensures restoration to original specification rather than a standard equivalent.
2. Comprehensive Contents & Valuables Cover
Purpose-built policies often include:
- Higher single article limits
- Agreed value cover for specified items
- Automatic cover for newly acquired valuables
- Worldwide all-risks protection
- Cover during transit or storage
This reduces uncertainty at claim stage.
3. Broad "All Risks" Protection
Most HNW policies operate on an "all risks" basis, meaning losses are covered unless specifically excluded.
This commonly includes:
- Accidental damage as standard
- Mysterious disappearance
- Breakage and handling damage
- Flexible protection for unusual exposures
4. Enhanced Liability Protection
High net worth households may have increased liability exposures.
Specialist policies can include:
- Personal liability limits of €5m–€10m or higher
- Employers' liability for domestic staff
- Legal protection extensions
- Personal cyber and identity protection (subject to policy terms)
5. Dedicated Claims Management
Claims handling is a key differentiator.
High net worth policies may provide:
- Dedicated claims managers
- Specialist loss adjusters
- Access to restoration experts
- Equivalent standard temporary accommodation
- Flexible settlement options
The objective is discreet and efficient resolution.
High Net Worth Insurance Solutions
Comprehensive coverage tailored to your unique needs
Portfolio & Multi-Residence Solutions
For clients with multiple properties, cover can often be structured to include:
- Primary residence
- Holiday homes (Ireland and overseas)
- Rental properties
- Valuables collections
- Associated personal risks
This integrated approach simplifies administration and enhances consistency of cover.
Risk Management & Prevention Support
Specialist insurers frequently provide risk management services such as:
- Security and fire protection surveys
- Flood and subsidence assessments
- Art valuation guidance
- Cyber risk advisory support
The focus is on prevention as well as protection.
Underwriting & Information Requirements
To arrange appropriate cover, insurers may require:
- Professional rebuild cost assessments
- Detailed schedules of valuables
- Independent valuations above certain thresholds
- Confirmation of security measures
- Disclosure of occupancy patterns and domestic staff
Accurate disclosure is essential to ensure cover validity.
The Role of the Broker
As an insurance broker, our role includes:
- Reviewing potential underinsurance risks
- Coordinating rebuild and valuation assessments
- Accessing specialist domestic and international insurers
- Structuring portfolio solutions where required
- Providing ongoing servicing and claims advocacy
We focus on ensuring coverage reflects the complexity of the property and lifestyle involved.
Market Considerations
In Ireland, the HNW home insurance market continues to evolve due to:
- Rising rebuild and material costs
- Increased climate-related risks
- Greater awareness of underinsurance
- Growing demand for cyber and identity protection
- Multi-residence and international exposures
Regular policy review is essential to maintain appropriate protection.
Arrange a Private Client Insurance Review
If you would like to review your existing household cover or explore a specialist High Net Worth solution, our team would be pleased to assist. We can assess your current arrangements and outline suitable options based on your individual requirements.
Dooley Insurances Ltd t/a Dooley Insurance & Mortgage Brokers and The Dooley Insurance Group is regulated by the Central Bank of Ireland.
