Archive for February 3rd, 2009
Holiday Home Insurance: How to choose the best cover
February 3rd, 2009 | 
Author: Many people buying a holiday home or second home in the UK or in Europe are offered holiday home insurance cover by an insurer, broker, their foreign agent or notary. Of course it is too easy not to say “No”, but the cover offered may not be suitable due to the special insurance requirements needed for a holiday home or second home.
With the inherent risks of owning a holiday home in the UK or abroad being substantially greater than that of your main residence, there is a real need for holiday homes insurance policy written in plain English which pays particular attention to the special requirements for second homes and which also provides a wide band of cover.
Your holiday property insurance should also ensure that all local taxes on overseas properties are included within the premium. Buildings and Contents cover should be flexible so that owners do not end up paying for cover that they do not need. Not every property has a swimming pool. Certain features are considered to be of vital importance, and therefore overseas home insurance cover for loss of use, legal liability for domestic staff, public liability and accidental damage to domestic supplies should be included as standard.