When it comes to home and contents, wardrobes tend to be routinely overlooked and undervalued. At Chubb, it’s one of the most common areas our clients pass over when taking stock of their possessions, despite often having highly valuable clothing collections.

From bespoke designer pieces to extensive shoe collections, over time it’s easy to forget just how much your wardrobe may be worth. As our policies operate on a new for old basis, we encourage our clients to think just how much it would cost to replace items in their wardrobe as if they were new.



The figure can be often eye-opening. As a broad rule of thumb, we tend to expect an overall contents sum insured of £300,000 to have around £40,000 of clothing protection for ladies and £35,000 for gentlemen. For people with a dedicated interest in clothing, these figures can increase significantly.



  1. Suits. Suits can easily be overlooked, especially if they’re kept in storage covers. Tailored suits typically cost between £800 and £2,000, and we routinely encounter wardrobes containing 30 or more.
  2. Dresses, jackets and coats. Dresses from some of the world’s leading designers such as Alexander McQueen can cost from £2,000 to upwards of £70,000. Even multiple nondesigner items, when combined together, become significant in value. This also applies to clothing types which tend to be higher cost anyway, such as winter jackets and overcoats.

  3. Shoes. Designer shoes for both men and women have a distinct reputation for carrying large price tags. Heels from Christian Louboutin start at £450 and range anywhere up to over £6,000.

    The average person owns between 10 and 20 pairs of shoes. Often, we see collections that greatly exceed this.

  4. Bags and accessories. It’s not uncommon for our home appraisers to encounter high-value handbags such as a crocodile Hermes bag worth £40,000, or a Bottega Veneta crocodile shopper at £80,000.

  5. Luggage. Designer luggage collections by the likes of Louis Vuitton can be routinely valued at £10,000. We frequently see carry on luggage from Gucci which can be valued at over £2,000 for a single case.

To put an accurate assessment on replacing a wardrobe, Chubb appraisers visit our clients’ homes and arrive at a figure that is representative of full replacement and protection. This isn’t strictly an itemized process, and is more of a discreet, individual conversation taking into account brand preference.

Learn More: Chubb Personal Insurance
Explore how Chubb Personal Insurance can help protect your most valued possessions
Explore how Chubb Personal Insurance can help protect your most valued possessions
All content in this material is for general information purposes only. It does not constitute personal advice or a recommendation to any individual or business of any product or service. Please refer to the policy documentation issued for full terms and conditions of coverage.

Chubb European Group SE (CEG) is an undertaking governed by the provisions of the French insurance code with registration number 450 327 374 RCS Nanterre. Registered office: La Tour Carpe Diem, 31 Place des Corolles, Esplanade Nord, 92400 Courbevoie, France. CEG has fully paid share capital of €896,176,662. UK business address: 100 Leadenhall Street, London EC3A 3BP. Authorised and supervised by the French Prudential Supervision and Resolution Authority (4, Place de Budapest, CS 92459, 75436 PARIS CEDEX 09) and authorised and subject to limited regulation by the Financial Conduct Authority. Details about the extent of our regulation by the Financial Conduct Authority are available from us on request.

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