Your Ksh 500M+ home in Karen, Runda, Lavington or Kitisuru is your biggest asset — and your biggest risk if under-insured.
Standard home insurance doesn’t cut it for luxury properties.
Here are the 12 essential coverages every high-net-worth homeowner must have in their luxury property insurance Kenya policy in 2026.
1. Full Replacement Cost Coverage – The Absolute Foundation
Not “market value” — full rebuild cost.
- Covers demolition, debris removal, new construction at 2026 prices
- Includes architect, engineer, county approval fees
- Automatically indexed for inflation (10–15 % annual construction cost rise) One fire or flood and you rebuild exactly as it was — no out-of-pocket shortfall.
2. Extended Replacement Cost (150–200 %)
Construction costs spike after disasters.
- Extra 50–100 % above rebuild estimate
- Covers labour shortages, material price surges
- Essential after floods or major claims in the area Many standard policies cap at 100 % — leaving you exposed.
3. All-Risks Coverage (Not Named Perils)
Standard policies only cover listed events. Luxury all-risks covers everything unless specifically excluded.
- Accidental damage (child breaks marble counter)
- Mysterious disappearance (jewellery lost in house)
- Sudden mechanical breakdown (lift or generator) Peace of mind for the unexpected.
4. Fine Art & Collectibles Floater
Your art, antiques, wine collection.
- Separate scheduled floater
- Agreed value (not depreciated)
- Worldwide coverage (for when you travel with pieces)
- Breakage cover (even accidental) A single painting can be Ksh 80M — don’t leave it on standard contents.
5. Jewellery & Valuables Floater
- Individual items scheduled with appraisals
- All-risk, worldwide
- No deductible options
- Mysterious disappearance covered Many policies limit jewellery to Ksh 5M–Ksh 10M total — not enough for serious collections.
6. Contents Replacement at New (Not Depreciated Value)
- Furniture, appliances, clothes replaced brand-new
- No “wear and tear” deduction
- High single-item limits (Ksh 10M+ per item)
- Includes helper quarters contents Your 10-year-old sofa is replaced with a new equivalent.
7. Loss of Rent / Alternative Accommodation
If the home is uninhabitable after a claim:
- Hotel or equivalent rental home paid (Ksh 1M–Ksh 3M/month limit)
- For up to 24–36 months
- Includes transport, meals, storage You live in comfort while rebuilding.
8. Public Liability – The Overlooked Must-Have
- Ksh 500M–Ksh 1B cover
- Guest injury (slip on pool deck)
- Helper injury
- Neighbour damage (your tree falls on their house) One lawsuit can wipe out generations of wealth.
9. Domestic Staff Coverage
- Medical for helpers injured at work
- Employer liability
- Repatriation if needed
- Fidelity guarantee (theft by staff) Good staff stay loyal when they feel protected.
10. Garden & Landscaping Cover
- Mature trees, imported plants
- Outdoor structures (pergola, pool house)
- Irrigation systems
- Re-landscaping after storm or fire A mature garden can cost Ksh 50M to replace.
11. Building Under Renovation Cover
During major renovations:
- Increased risk of fire, theft, damage
- Separate policy or endorsement
- Covers materials on site
- Contractor liability included Many claims happen during works.
12. Worldwide Personal Liability & Kidnap/Ransom (Optional but Common)
- Personal liability anywhere in the world
- Kidnap, ransom, extortion cover (confidential)
- Crisis response team
- Common for very high-net-worth families
Quick 2026 Luxury Property Insurance Kenya Coverage Table
| Coverage | Typical Limit Needed | Why It Matters | Average Premium Impact |
|---|---|---|---|
| Full replacement + extended | Ksh 600M–1.2B | No shortfall after disaster | Core premium |
| Fine art & jewellery floater | Scheduled per item | Protects Ksh 100M+ collections | +15–30 % |
| Loss of rent/accommodation | Ksh 2M/month x 36 | Lifestyle continuity | +8–15 % |
| Public liability | Ksh 500M–1B | Lawsuit protection | +5–10 % |
| Garden & landscaping | Ksh 50M–150M | Mature garden replacement | +8–18 % |
The Bottom Line
Luxury property insurance Kenya in 2026 is not an expense — it’s the final layer of protection for your biggest asset and your family’s future.
Standard policies leave massive gaps. The right luxury policy lets you sleep knowing everything is covered.
Want the completely 2026 Luxury Property Insurance Checklist with exact coverage recommendations, premium estimates and trusted insurer shortlist for high-net-worth homes? Contact Realty Boris today – no obligation, just total protection.
