What is your target overseas business?
We are a specialist underwriting team dedicated to insuring your high net worth clients’ overseas homes:
- connected second and holiday homes
- main residences
- standalone high net worth second and holiday homes in our core European countries.
What countries can you write in?
We are able to write anywhere that Hiscox Insurance Company or our Lloyd’s syndicate underwriters are licensed to write. However we will only use the full breadth of this for large connected cases, where the UK portfolio is greater than £10,000.
Our target locations are Western Europe, including Switzerland and Greece.
What are the main differences between your wordings?
Our Overseas 606 wording is on an ‘all risks basis’ and includes wide sub limits. The Holiday Homes wording is on a specified perils basis with optional accidental damage cover and includes smaller sub limits.
Do you offer earthquake cover?
Earthquake cover is included as standard for all countries except for Italy, Greece and Portugal where we apply a 2.5% of the total sum insured earthquake deductible as standard.
Do you offer subsidence, landslip and heave cover?
We only offer subsidence, landslip and heave cover as standard for France, Ireland and Portugal. Requests to offer a subsidence extension for countries other than Spain can be made by completing our subsidence questionnaire.