What Insurance Do I Need for a Holiday Home?

In the UK, there is no legal requirement to have insurance for your holiday home with one exception – if you employ anyone (for example a cleaner or a gardener) there is a legal requirement to have Employers’ Liability Insurance. However, even though the law doesn’t require any further insurance, there are a lot of good reasons to protect your holiday home with an appropriate level of specialist cover.

Other Insurance Options for Taxis

Compare quotes and review policies to find the cover you need.

Public Liability Insurance

Hire and Reward Insurance

Insuring Your Holiday Property

If you have a mortgage on your holiday home, second home or holiday let, the mortgage lender may require you to take out insurance. Even if that isn’t a requirement for you, insuring your property is the best way to protect the financial investment that you have made. Just as you would probably want to insure your home and contents, you can have the same piece of mind for your second home from home, with specialist Holiday Home Insurance products.

Can’t I just get Standard Home Insurance for my Second Home?

The short answer here is no. Home Insurance is designed for residential properties that are usually occupied. Holiday or Second homes tend to be used differently and have different risks associated with them – that’s why they need different insurance. If you take out a standard home insurance policy on a second home without telling the insurance company that it is not your main residence, you may find the policy is worthless if you need to make a claim. Be sure that you are protected by taking out the appropriate type of insurance.

How do I Insure a Holiday Let or Holiday Home that I also rent out?

Many holiday home or second home owners rent our their property to paying guests as well as using it for family stays. When you are renting out the property to paying guests insurance becomes even more important for some simple reasons:

• The risk of damage to your property increases.
• The risk of damage to the contents in your property increases.
• You become liable for legal claims should a paying guest injure themselves or have their property damaged whilst staying.

Help with legal fees and compensation costs

One of the significant benefits of taking out a specialist Holiday Home insurance policy can be that it includes Public Liability Insurance. This will cover legal fees and compensation claims that could result from a guest in your accommodation holding you liable for accidents or injury.

What are the additional features of Holiday Home Insurance policies to look out for?

Like many specialist Insurance products, Holiday Home and Holiday Let insurance combines a number of insurance policies into one product. When you are comparing quotes, check the policies for these features and be sure that the cover works for your situation as well as your budget.

• Buildings and Contents cover for the property
• Public Liability Insurance
• Loss of Rental income insurance
• Alternative Accommodation cover
• Lost Key cover

Compare More; Pay Less?

It’s always a good idea to compare quotes for insurance in the UK, whatever type of insurance it is. Comparing quotes allows you to check out the differences in policies, select the cover you need, and discover additional options that might be just right for your circumstances. And, of course, comparing quotes means comparing costs too, and helps you find the best price for the insurance that you need.

On The Road

Home & Buildings

Business, Work & Trade

Travel, Holidays & Leisure

Personal, Family & Pets