Have You Insured Your Luxury Items?

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We all wish we had a Ferrari in the garage, and a watch worth ten-figures on our wrist. For some people, this is a reality! And, as luxurious as it might be, we can take solace in the fact that their insurance bills are enormous. It’s not cheap to insure those luxury items, but the more you own, the more you’ve got to pay. Just for fun, we thought we’d take a look at some of the finer items and consider the insurance on them. Imagine the terrifying experience of crashing a supercar or having your prized jewellery stolen.

Even the average family usually has something of worth in the house. If that’s the case, it’s in your interests to pay the insurance premium, and make sure it’s protected. The cost of repairing or replacing these items simply isn’t worth the risk! So, without further ado, here are some luxury items that require some serious protection.

The Ferrari

A supercar is at the top of the bucket list for many people. For those who are obsessed with motoring, there are few things as wonderful as a Ferrari or Lamborghini. But, as you can imagine, they’re on the more expensive side to insure. As you know, insurers base their quotes on size, power, and risk involved with a car. The V8 engine size of a supercar is enormous, making them a risky and dangerous car to drive. Of course, the tradeoff here is that you get to hit the streets in a beautiful, luxury vehicle.

A horse and stables

For some people, there is nothing better than spending the weekend with your very own horse. There’s a special bond and friendship between horse and owner. They are often inseparable! You’ll spend every morning feeding the horse and cleaning the stables. In the afternoon, you’ll ride and explore the countryside. But, unfortunately, horses can get ill, and they often succumb to accidents. That’s when equine or horse insurance is indispensable. No-one wants to see their animal struggle in pain, so don’t take any chances. It’s also worth mentioning that vet bills are incredibly expensive without this vital insurance protection.


We had some fun with the Ferrari and supercars. But, in all seriousness, almost everyone has some piece of valuable jewellery in the home. Whether it’s an engagement ring or a family heirloom, we often have items of value in the jewellery box. Now, it’s important that you take out a separate insurance policy in this case. Many standard home and contents insurers don’t take bespoke jewellery into account. Rather than pay the extra fees, seek out a dedicated and experienced jewellery insurer. You’ll receive better protection, and keep the costs down. Just imagine if you lost your prized possession. It doesn’t bear thinking about. Don’t take the risk.

Insurance on luxury items is an essential consideration if you have items of value. Remember, most luxury items aren’t included on your standard insurance, so hunt out the experts. What’s the first luxury possession you’d protect?

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