Overseas Home Insurance
Why should you protect your Overseas Home with us?
Specialised in high value and overseas homes, Innovarisk built its reputation based on excellent claims service, providing a wide cover at a competitive price.
The Innovarisk Overseas policy offers:
- Wordings in plain English with warranties-free cover
- Reputation of fast and fair claims service
Innovarisk represents in Portugal the global specialist insurer Hiscox, underwriting a diverse range of personal and commercial insurance risks such as home insurance cover for homes and their contents, valuables and collections as well as extensive business insurance, finely tailored to the needs of companies, professionals and consultants.
Our coverages versus a standard policy?
- No average clause in case of underinsurance;
- Specialist cover for antique collections, fine art and jewellery;
- No application of the market restrictions on theft: it’s still covered without forced entry or exit, if committed by your employees or if the home is unoccupied over 60 days;
- Automatic cover for all outbuildings and up to € 7.500 for outdoor items;
- Excess on earthquake damage: 2.5% instead of the standard 5%;
- Liability covered up to € 7,5 million anywhere in the world (against market standard under € 250.000).
Case Studies
Damage in visitor car
Our client invited a friend to stay for several days in his villa in Algarve. Both enjoyed a few days at the beach when one day our client’s horse ran away from the stables and invaded an adjacent The horse saw the convertible of the guest and jumped over it, damaging the car with his rear legs. Our client notified the insurance company and all the repairing costs were payed off since it was covered.
Stolen baggage
Our insured was on a business trip in the USA where he had to travel between States and take several planes. He was unlucky because the bag containing some valuables and cash was stolen from him at the New York airport without him noticing it. Since the policy had worldwide coverage the value of the stolen objects was replaced.