Do you need High Value Home Insurance?

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Do you need High Value Home Insurance?

Does your house have high end finishes? Perhaps it was specially designed by an architect or renovated by a designer? If your home has been built in this way it becomes “custom” or “luxury” and you should have a high value homeowners insurance policy. Should a disaster strike, you may have to dip into your own funds to replace your beautiful dream home.There is a cost to all those special features, vaulted ceilings and detailed trim, so your current policy limits are probably less than you will need to replace all those things.

Unfortunately, many people do not realize they need a high value property policy until after they have had the fire destroy their home. It is only then that they understand that they were not properly insured. Don’t let this happen to you.

A High Value Homeowners Insurance provides the extra coverage for your luxury or custom home, allowing you to rebuild what you’ve lost. The more your home is worth, the greater the difference can be between what your current policy may pay and what it will cost to replace. It is really quite affordable to protect your whole house properly.

Let the professional staff at Pembina Insurance Services provide you with a thorough High Value Property Insurance quote today.

There are also the things in your home that you value even more.  Insurance companies limit what they pay for certain articles in the home. Because of this, there is a maximum you get for such things as:

  • Jewellery & Furs
  • Coin or Stamp Collections
  • Works of Art
  • Silverware

Enhanced coverages on a High Value Home Policy often include:

  • Replacement cost settlement on the house with no obligation to rebuild – in the event of a loss, you may repair/rebuild or simply take your money – that’s it!
  • Declining deductible – can decline to zero in six years. If there is a claim, there is no cost to you.
  • High amounts of sewer back-up coverage at no extra cost, so you are covered for all of the damage.
  • Equipment breakdown coverage can be added to some policies for a furnace or appliance that breaks down. This avoids expensive repair costs and gets you back and running in no time.

If your home has unique features, historic workmanship or has been designed by an architect  a High Value Home Insurance policy is available for any home worth more than $750,000 should consider this insurance.  We can help you to identify the risks of your home and the costs to replace the whole building and content at the best possible premium. You may call us at 204-452-4913, email us at or visit