With the ongoing uncertainty around the lifting of travel restrictions and the need to quarantine post foreign travel, there has been a significant rise in popularity for the Staycation, and in particular the availability and accessibility of holiday homes in UK.
Now if you or your client is a property owner with Holiday Homes available to rent, this could be a rather lucrative season for you! It is important therefore to ensure the appropriate insurance cover is in place otherwise this lucrative market opportunity could see policyholders exposed and vulnerable.
With a holiday home left empty for long periods of time throughout the year and the fact the owner may rent it out to guests, it is important that the property owner considers the level of cover needed to ensure they are sufficiently protected. Getting the right cover for a property that is unoccupied for shorter or longer periods is vital. Whether this is down to quieter rental periods or during planned maintenance, giving your customers peace of mind against the risks that are considered more prevalent when owning a holiday home such as burglary, malicious damage, storm & escape of water, is a priority.
With an appetite for UK Holiday Homes cover, the Prestige Underwriting Coverall product covers these risks, giving property owners peace of mind that your home-away-from-home is protected. To learn more about Coverall, see our product leaflet.