High Value Home Insurance
Your home isn’t ordinary — and your insurance shouldn’t be either
Protect your luxury home in British Columbia
High-value home insurance is designed to match that standard, giving you the option to rebuild to the same level of quality or take a cash settlement in the event of a total loss. From safeguarding fine jewelry to protecting against water damage, every detail is covered so your lifestyle remains uninterrupted.
At InsureBC, we provide a truly personalized service, taking the time to understand the unique details that make your home exceptional. Using advanced valuation tools and working closely with trusted contractors and certified appraisers, we ensure your policy reflects the true craftsmanship, finishes, and features of your property. From protecting fine jewelry and rare art to covering risks like water damage, we’re here to give you confidence that, no matter what happens, your home and valuables are protected with the highest level of care. Whether you’re in Vancouver, Victoria, or a private retreat elsewhere in BC, our dedicated team is committed to giving you the peace of mind you deserve.
Your Home. Your Lifestyle. Our Priority.
Your protection deserves expertise.
As one of the largest groups of independent brokers across BC, we understand that every luxury home and every homeowner is different. That’s why we offer personalized service backed by access to multiple top-rated insurers so you can enjoy complete peace of mind knowing you’re always in expert hands.
Your time and peace of mind are our priorities
At InsureBC, we value your time and understand the lifestyle that comes with owning a high-value home. Our role is to protect your assets from your property to your most valuable possessions with precision and care. By handling every detail and sourcing tailored coverage from top-rated insurers, we give you the freedom to focus on what matters most, knowing your home and lifestyle are in expert hands. Your peace of mind is our priority.
Customer Testimonials
At InsureBC, we value the relationships we build with our clients. Don't just take our word for it – see what they have to say about their experiences working with our team of expert insurance brokers.
Our thanks and a well deserved 5 star review for a job well done! They always make sure we are well covered and inform us of any new discounts available to us. See you again next year!
Great service. Clarity and prompt response to all of my questions. Way less complicated than others.
Amazing service! Shout out to my agent for going above any beyond with my home insurance.
Very friendly staff. Helped me set up my insurance and thoroughly explained my options enough so that I understood without prior knowledge.
Key features highlighted
Rebuild to Original Luxury Standards
If a covered loss or damages or destroys your home, your policy will cover the full cost to rebuild your home to its original craftsmanship from architectural details to premium materials. Even with the option of taking a cash settlement upon approval.
Valuable Contents protection
Our policy includes elevated limits for your most treasured possessions. With specialized coverage for high-value items, you can feel confident knowing these assets are protected against theft, loss, or damage.
High Coverage limits
With higher coverage limits, it gives you the financial protection to cover major losses. From valuable contents and luxury upgrades to liability claims without having large out-of-pocket expenses, faster recovery after an incident, and the peace of mind that your insurance can keep up with your lifestyle and assets.
Protection against Major Risks
Living in BC means protecting your home against more than just everyday accidents. Our high-value coverage includes specialized protection for the most significant risks to luxury properties to protect you in BC’s most unpredictable natural events.
Optional Add-ons and Customizations
Earthquake
To cover any damage caused to your home as a direct result of an earthquake, you can add this coverage to your home insurance policy.
Water Protection
This coverage provides broader water damage protection for loss or damage caused by sewer backup, an overflowing appliance or overland flood from surface water or ground water. This coverage may not be available to all BC residents.
Other Customizations
In addition to a number of add-ons, our online home insurance policy provides a number of flexible customizations. You can set the limits that you want, schedule personal property, and more.
Frequently asked Questions
Are valuable collections and art covered under high value home insurance?
Yes. One of the key advantages of high-value home insurance is the broader protection it provides for valuable collections. Compared to standard home policies, which often impose low special limits and require appraisals for each high-value item, high-value programs include much higher limits and more flexibility.
For example:
- Jewelry, fine art, and collectibles are covered with higher automatic sub-limits.
- Some insurers, like Chubb, even offer blanket coverage for valuable articles (such as an entire collection of luxury watches) without requiring an appraisal for every item.
- Coverage can be tailored for specific categories—whether art, antiques, wine, or other collections so that your assets are fully protected.
What is high value home insurance?
High value home insurance is designed for properties that exceed the coverage limits of most standard insurance markets. While many insurers cap at $1M–$1.5M in replacement cost, specialized high-value programs extend coverage significantly higher. For example, some markets can insure up to $2.25M in metro areas and $1.825M in other hydrant-protected regions, with options available for homes valued even higher.
These policies go beyond insuring the structure of the home. They’re tailored to protect the lifestyle that often accompanies luxury properties by automatically including:
- Higher overall limits for the building, contents, and liability.
- Increased sub-limits for valuables such as jewelry, wine collections, artwork, and collectibles.
- Broader coverage for unique features like elevators, home gyms, or custom studios.
- Enhanced protection options such as fraud coverage and higher equipment breakdown limits.
Since the average replacement value of a home in B.C. is now around $1.2M, homes valued above $2.5M typically require placement in the high-value home market, as they fall outside standard insurer limits.
What is the best insurance company for high-value homes?
As with all of our products, InsureBC has a wide variety of Insurance Companies that offer coverage tailored to high value homes including:
- Aviva Ovation
- Intact Prestige
- Chubb
- InsureBC Underwriting
- Forward Insurance
- Special Risk Insurance Managers (SRIM)
- Cansure
- Burns & Wilcox
Do I need high-value home insurance?
High-value home insurance is designed for homeowners whose properties and assets go beyond the limits of standard insurance.
You may need this coverage if you:
- Own a home with a replacement cost above the regular market’s limits.
- Have custom architecture, luxury finishes, or heritage features.
- Maintain valuable collections such as art, jewelry, wine, or watches.
- Own lifestyle assets like boats, luxury vehicles, or multiple residences.
Unlike standard policies, high-value programs offer higher limits, broader protection, and specialized claims service. They’re built to safeguard not just your home, but your entire lifestyle.
We take time to understand the full scope of your assets, liabilities, and lifestyle considerations. By comparing coverage and costs across multiple insurers, we ensure you receive the most competitive and comprehensive options—delivering tailored protection that reflects your unique circumstances.
Looking to File a Claim?
Our dedicated claims department is committed to making the claims process as smooth and stress-free as possible. Whether you need to file a claim for your home, vehicle, or business, we have the expertise to guide you through the process.
