What is a holiday home let?
The definition of a holiday home let can differ from policy to policy. Our policy wording states that a holiday home let is where the premises is let to any third party, other than family and friends. However, our policy does also provides cover when the holiday home is used by family and friends.
How is holiday home insurance different from standard home insurance?
Standard home insurance can protect a main residence that is permanently lived in. However, it might contain a clause stating that cover is not provided if uninhabited for a certain length of time or longer. Holiday home cover such as ours is created with this in mind, allowing for the home to be left unoccupied. We understand that you might only visit occasionally or you may have gaps between holiday let tenants.
How much does holiday home insurance cost?
Cover for holiday homes can vary, depending on a arrange of factors. The level of cover can affect premiums, for example do you need just buildings cover or both buildings and contents cover?
When filling in a quote form, you may also be asked for information such as the rebuild cost, the number of bedrooms, and previous claims history. All the information you provide should be accurate, as it is important to ensure you have suitable cover.
What types of holiday homes do you cover?
Our holiday home insurance policy offers protection for a range of holiday home uses. For example, if you rent out your holiday home and need holiday let insurance or own it for personal use and invite friends and family to stay, our cover may be suitable for your needs. We provide quotes for various property types, even those with extra external amenities, such as swimming pools or tennis courts.
Our product is suitable for insuring properties in the UK, including holiday homes such as:
- Detached, semi-detached, and terraced houses
- Town houses
- Coach houses
Unfortunately, we can’t cover static or mobile caravans. However, you can obtain a quote from Intasure, who is also part of the Arthur J. Gallagher & Co group of companies.
Does holiday home insurance protect rental holiday homes?
Whether the holiday home is for personal use, including for friends and family, or let to holidaymakers, our insurance is available. It includes renting-specific covers, such as malicious damage by paying guests and loss of rent.
What is holiday home buildings insurance and holiday home contents insurance?
Insurance policies for holiday homes such as ours may split the covers into two categories – buildings and contents. Buildings cover is there to help with the cost of repairing or rebuilding your property if it is damaged. Contents cover is there to help with the cost of repairing or replacing damaged or stolen items, such as furniture and household goods.
Does insurance for holiday homes protect rental income?
Insurance for a holiday home may provide certain covers to help if your rental income is affected. For example, our holiday home insurance cover includes loss of rent.
When you have paying guests and your holiday home becomes uninhabitable, you may be able to claim for the amount of the booking lost due to an insured peril. Another possibility is that we may be able to cover the cost of alternative accommodation for your guests instead.
Loss of rent cover is different to rent guarantee insurance, which is there to help landlords financially while you are lawfully seeking repossession of your property due to rent arrears.
Can holiday home insurance cover alternative accommodation costs?
If the premises become uninhabitable following loss or damage covered by an insured event, the reasonable cost of similar accommodation for you to stay in can be covered.
What can I do to keep my holiday home safe while it’s empty?
Like with any empty property, a holiday home might attract burglars if it becomes apparent no one has visited for a while. Taking steps to make the property appear in use might help you to avoid such issues. Take a look at our guide for some tips that may help.
You may also want to consider having the holiday property professionally drained during colder months to help avoid water damage caused by a burst pipe.
Having suitable home insurance for your holiday property while it is empty can help provide peace of mind. If it might be empty for long periods, you may want to consider unoccupied property insurance.
Do you offer cover for legal expenses?
Legal expenses for issues such as property owners’ liability and liability as occupier or landlord are included with our UK Holiday Home Insurance policy as standard. The full list of covers can be found in our policy wording.
Can I insure more than one property with you?
We are able to place cover on an entire portfolio if you wish to keep your insurance all in one place. Whether you own holiday homes or you have a mix of holiday homes, tenanted properties and unoccupied properties, we may be able to help.
If you have a portfolio consisting of up to 100 properties, you can obtain a quote online. If your portfolio has over 100 properties, you can obtain a quote by emailing firstname.lastname@example.org. We may be able to offer you one policy to suit your portfolio’s needs.
How can I make a claim on my holiday home insurance?
You can fill out our claims form by visiting our dedicated claims page. You can either submit the form online or download and print a copy to send to our Claims Department through the post. Our in-house UK based claims team will then process your claims request and get in touch.