Luxury home insurance
Experience tells us that clients who own homes with higher-than-usual content values require added benefits and cover.
Australia’s trusted luxury and prestige home insurance brokers
Owning a high-net-worth home comes with exceptional features, finishes, and valuable contents that deserve protection beyond a standard policy. At Ian Jones Insurance Brokers, we specialise in sourcing luxury home insurance in Australia.
Through our partnerships with a select group of leading insurers who cater specifically to prestige homes, we can secure coverage designed for your lifestyle and assets. Enjoy higher limits for valuables such as fine art, jewellery, antiques and collectables — without the need to individually list every item.
Comprehensive insurance for high-value homes
Your policy can also include comprehensive protection rarely available under standard cover, including automatic insurance for flood, landslide and subsidence. It’s complete confidence for discerning homeowners who expect only the best.
Providing unparalleled peace of mind
Not all insurers have the capacity to cover prestige homes. As a matter of fact, there are only a few that do.
At Ian Jones Insurance Brokers, our mission is to help you secure the ideal luxury home insurance policy at a competitive rate.
Frequently Asked Questions
Luxury and prestige home insurance offers inclusions that go beyond a standard home and contents policy.
These policies are crafted to protect premium materials, bespoke finishes, and high-value possessions often excluded or limited under regular cover.
You’ll typically see enhanced protection for premium features such as copper guttering, marine-grade stainless steel fittings, imported stone surfaces, or custom joinery. They also include higher limits for valuables like fine art, antiques, jewellery, and collectables.
In addition, many luxury property policies provide automatic cover for events such as flood, landslide and subsidence, which are rarely included in standard policies.
Owners often choose higher excesses, preferring to handle smaller repairs privately for greater premium efficiency.
Luxury home insurance provides comprehensive protection tailored to high-value homes and contents.
While coverage varies between insurers, prestige policies may include:
- Full replacement cover for the home, including architectural features and finishes
- Worldwide cover for personal valuables
- Accidental damage inside and outside the home
- Protection for fine art, antiques and collectables
- Cover for flood, storm, fire, landslide and subsidence
- Temporary accommodation if your home becomes uninhabitable
- Liability protection for incidents occurring on the property
Ultimately, this type of cover is tailored to protect each detail that makes your home exceptional.
Yes. Most luxury home insurance policies extend to external structures and landscaped areas that form part of the property’s overall design.
This can include swimming pools, tennis courts, driveways, retaining walls, pool houses, guest cottages, and garden sculptures. Even specialised landscaping elements, such as custom stonework or outdoor lighting, can be covered for repair or replacement after damage.
As these features contribute significantly to a home’s value, they’re typically included under the same level of comprehensive protection as the main residence.
Luxury homes insurance is best suited to owners with high-value properties which may cost over $2,000,000to re construct after a loss and anywhere above that amount or contents that exceed the limits of standard insurance, usually upwards of around $300,000
These include:
- Unique architecture or custom-built designs
- Premium materials and finishes
- Significant assets like fine art, antiques, jewellery or collectables
- Heritage significance or distinctive craftsmanship
It’s also a smart choice for those who want tailored coverage, personalised service and peace of mind knowing their home and possessions are insured by specialists who understand luxury living.
Yes. Most prestige home insurers in Australia offer specialised cover for secondary or holiday homes, including coastal, rural or interstate properties.
This ensures your holiday home receives the same high level of protection as your primary residence, covering accidental damage, theft, and natural disasters, even during extended periods of vacancy.
Our brokers can also help you meet any additional requirements, such as enhanced security or occupancy conditions, ensuring your property remains fully protected year-round.
It’s best to revalue your luxury home and contents every two to three years, or sooner if you’ve completed major renovations or acquired new valuables.
Because the cost of building materials, art, and antiques can fluctuate, regular valuations help prevent underinsurance, ensuring you’re fully protected if a total rebuild or replacement is needed.
Our brokers can coordinate professional valuers or recommend insurers who provide complementary valuation services for high-value properties and collections.
While luxury home insurance is comprehensive, some exclusions still apply.
Common examples include:
- Wear and tear or gradual deterioration
- Damage from pests or vermin
- Neglect or lack of maintenance
- Unapproved building works or renovations
- Intentional damage or fraud
Certain high-risk locations or unoccupied homes may require additional security conditions. Your broker will review potential exclusions and recommend ways to minimise risk, ensuring your coverage remains watertight.
The cost of luxury home insurance depends on your property’s value, contents, location, and level of cover.
Insurers consider factors such as:
- The rebuild or replacement cost of your home
- The value of fine art, jewellery and collectables
- The location and exposure to environmental risks
- The security measures and the excess level you choose
As every prestige home is unique, working with a specialist luxury insurance broker at Ian Jones is the best way to ensure you secure the right level of protection at a competitive rate.