High Risk Item Insurance - Admiral (2024)

FAQs

What is classed as a high risk item for contents insurance? ›

A high risk item is:

audio visual, photographic or sporting equipment. computers, laptops, tablets and notebooks.

Admiral was named Best Big Insurance Company at the 2022 Insurance Choice Awards and awarded 'Highly Commended Home Insurance Provider' by Moneyfacts in 2022. Both its Gold and Platinum home buildings policies were given a five-star Defaqto rating in 2024.

This covers your items if they're lost, stolen or damaged outside the home. Many of these high value possessions - jewellery, laptops and watches - are designed to be portable. This increases the risk of something happening to them outside your home. Personal possessions cover helps with this risk."

Examples within Visa's guidelines linked above clarify what types of products are considered high-risk and/or illegal including but not limited to: The unlawful sale of prescription drugs (and/or unapproved drugs) Intellectual property (IP) violations (counterfeit risk) And the online sale of tobacco products.

In general terms, high-risk content is defined as any content that is moderately or explicitly offensive, controversial, or even potentially illegal. It can include adult content, content relating to drugs or hate speech, or unmoderated user-generated content.

Insurance companies consider some people to be "high risk" drivers. As the name suggests, these drivers can present a greater liability to insurers due to their driving record, the type of cars they drive, or even their credit history.

A home may be considered high-risk (and harder to insure) because of its location, age or special features. If an applicant has poor credit or a history of claims, they may also be considered high-risk.

While the product names and descriptions can often change, examples of high-risk investments include: Cryptoassets (also known as cryptos) Mini-bonds (sometimes called high interest return bonds) Land banking.

With a score of 4.1 out of 5, Amica ranks as the top homeowners insurance company in California, based on our research. Amica offers homeowners numerous coverage options and a variety of discount opportunities.

How long do admiral claims take? ›

On average, claims usually take between six to twelve months to settle, but some cases can settle outside of this timescale. Your case handler will keep you updated with anticipated settlement times throughout the life of your claim with us.

Admiral Group

Admiral / Parent organization

Typically "high value" is sales that total $750 or more with sales tax and shipping. Then you MUST get a signature on delivery to have tracking proof of delivery. Even long time sellers are subject to fund holds for high value items.

The "History Supreme", a luxury yacht, is the costliest thing in the world. Commissioned by an anonymous Malaysian businessman, the yacht was built by a British luxury goods designer, Stuart Hughes and took over three years to complete.

High-risk auto insurance is designed to protect drivers who are new behind the wheel as well as those with a history of traffic violations or accidents.

Some insurers may consider you a high-risk for an auto accident if you have any of the following: At-fault or no-fault accidents on your motor vehicle report. Traffic violations, including a DUI or DWI. Multiple comprehensive claims. Lack of driving experience.

Most pure risks can be divided into three categories: personal risks that affect the income-earning power of the insured person, property risks, and liability risks that cover losses resulting from social interactions.

The most common types of perils excluded from "all risks" include earthquake, war, government seizure or destruction, wear and tear, infestation, pollution, nuclear hazard, and market loss.