Private Homeowners Insurance

Your home is probably your biggest investment – and most valuable asset. So, you want to be sure that your home insurance protects what matters most.

FOCUS are expert home insurance brokers with a team of specialists that can provide tailor-made home buildings and contents insurance. Based in Oxford, FOCUS specialise in high-value home insurance and the additional concerns and risks that can arise.

We understand that every home is different and every person’s possessions are unique. Therefore, we don’t expect you to have an off-the-shelf home insurance package. We take the time to evaluate individual circumstances and provide bespoke home insurance solutions.

Tailor-made Private Homeowners Insurance

Research consistently shows that millions of homes in the UK are underinsured.

As our personal wealth increases, we tend to own larger houses and acquire possessions with higher values that don’t fall within the limits of standard home insurance policies. Buying an “off the shelf” policy online is unlikely to provide the cover you need.

Quite often garages, attics, and outhouses are full of large, high-value objects that get missed when assessing your contents, such as bikes and tools, and skiing, camping, sporting and gym equipment. Boundary walls, gates, fences, outbuildings, garden ornaments, swimming pools, tennis courts or car parking are often forgotten when considering what’s needed to reinstate a property to its original state.

Many people have little understanding of how valuable their general household contents are – let alone expensive items of jewellery, watches, antiques or pieces of art that have been acquired over the years. Take into consideration the changes in valuation and it becomes very easy to be under-insured.

Protect against the risk of a cyber attack on your home network

In the modern world in which we now live, with connected homes and the internet of things, the risk of being hacked is ever more challenging- and has the potential of causing serious damage – not just to your finances, but also to your public reputation.

Cyber risk insurance solutions go hand in hand to keep your lifestyle, family, and reputation safe. All too often the headlines are highlighting the unfortunate stories of those whose lives have been invaded by hackers, often with considerable financial losses involved.

Cyber insurance can now form part of your home insurance plan and provide peace of mind.

Private Homeowners Insurance questions

High Value – or High Net Worth Home Insurance as it’s sometimes referred to, is not just for the super-rich living in stately homes. High-value home insurance is designed for homes with a rebuild cost typically in excess of £500,000 and contents in the region of £100,000.

At FOCUS, we are proud to be the high net worth home insurance broker in Oxford and the surrounding area, with over 30 years’ experience in this sector. Our experts can help source the ideal insurance solution for your unique needs.

What FOCUS can offer

Once we understand your requirements, we will make our recommendations and offer advice to ensure you have the cover you need and deserve.

Private Homeowners Insurance policies can be arranged to include:

  • ‘All Risks’ worldwide cover, including theft, accidental loss and damage.
  • Specified cover for individual items guaranteeing you a speedy settlement, without quibble, following damage or a loss.
  • Cash or replacement option allowing you to replace an item with something similar from your own supplier, or keep the full cash settlement.
  • Cover for second/holiday homes – in the UK and abroad.
  • Household cyber cover to protect against and support in the event of a cyber attack on your home network.
  • High single article limits.

What is The Average Clause?

When it comes to insurance premiums we all want to keep them as low as possible. However, you need to consider the average clause when taking out cover to ensure you won’t be left footing the bill in the event of a claim.

An insurer will only pay out relative to the amount of cover you have paid for with your premium, even if you don’t require the full amount your property is insured for.

For example, if your property is worth £500,000 but you choose to insure for a maximum of £250,000 then you will only ever be entitled to half of the actual cost of any claim. This includes smaller claims, so if you need to claim £10,000 you would only get £5,000.

That’s why getting your cover correct is so essential, as you could end up paying for the shortfall if you are underinsured.

This handy video explains Average Clause in more detail: