High Value Home Insurance FAQs -
How should I allow for the effects of inflation?

We ask that you keep the sums insured at a sensible level; one that represents the full value of the buildings and contents covered. Your insurers will increase the figures each year in line with the House Rebuilding Cost Index for buildings, and the General Index of Retail Prices for contents, or as specified in your policy. For your protection, should either index fall below zero, your insurers will not reduce the sums insured. Underwriters will, however, recalculate the premiums at the time of renewal, using any new or increased sums insured.

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