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High-Value Homes explained

6 in-depth guides · updated November 2026

Above roughly $1M in dwelling coverage, a standard HO-3 stops fitting. High-value home policies add extended replacement cost, agreed-value contents, water backup and higher liability limits — priced and underwritten differently.HO-3 vs. HO-5 vs. high-value carrier formsExtended replacement cost and inflation guardScheduled contents for art, jewellery and wineInspections, wildfire zones and high-value underwriting