The price of property insurance depends on your policy and the extent of cover. Several factors determine your premium, which include: Location – properties in high-demand areas attract higher premiums. Size – a large block of flats is costlier to insure than just one flat. Age – older properties are typically more expensive to insure.
If you rent a holiday home, public liability insurance could be helpful. It can protect you from compensation claims that can sometimes run into the tens of thousands. Liability cover can also safeguard your company’s finances and reputation if a third party brings charges against you.
Depending on the property you own, insurance may be a legal requirement, for instance building insurance can be a requirement to take out a mortgage. However, even if property insurance isn’t legally required for your home, it’s very much worth considering. For instance, the costs arising from a reckless guest or natural disaster could cripple
This will depend on several factors, which include: The size of your holiday home – larger homes are typically more expensive to insure. The age of your property – new, well-maintained properties often attract lower premiums. The type of property you own – for example, an outbuilding can influence the premium quoted.
No, you don’t legally require holiday home insurance for your property in Sweden. The more involved answer is that insurance can protect you against several risks that holiday homeowners regularly face, including damage, loss of rent, and allegations from guests that might otherwise cost you thousands of pounds in legal fees.
Public liability insurance means that if a person is injured or their property is damaged while in your caravan, you’re protected against compensation claims. This can be particularly important if you’re planning to rent your caravan or mobile home out to holidaymakers when you’re not there. You also have the option of increasing public liability
As with many insurance policies, there is usually an excess charge in the event of a claim, which is detailed in your policy document. Our policy affords protection whether your property is occupied or left vacant, however the extent of your cover will depend on how long your caravan remains unoccupied. In addition, geographical restrictions
No, but it can protect your property and investment from several risks, including accidental damage, fire, water escape, loss and theft. Without suitable cover in place you could be out of pocket when your caravan or belongings are damaged. Taking out insurance can save you money and unnecessary inconvenience.
Our residential mobile home insurance policies typically cover both your mobile home and its contents, depending on your requirements. Contents covered include sports equipment, furnishing and fittings for example. For the full details of what’s included see our policy wording.
The cover level you will need is shaped by your circumstances, such as the value of your property, where it’s located, and whether your property is a holiday rental. Get in touch with our team today if you are unsure how much cover is required.