Some helpful information on Park/Holiday Home Insurance...
Is your Holiday Home Protected?
Remember, your Holiday home is as vulnerable to risk damage as your main home is, however there is much more to think about and elements of cover you won’t find on a standard household insurance policy. For example:
Public Liability insurance – in the unlikely event that an injury or death should occur to a third party on your property
Unoccupied cover – Should your property be left vacant for more than 30 days a year.
Loss of Rent/income – In the event that your property suffers significant damage following an insured claim and as a result cannot be let out for a period of time.
Accidental Damage / Malicious Damage – Damage caused by Tenants while property is being let
Alternative Accommodation – If property becomes uninhabitable following an insured claim.
Home Emergency cover – Access to a Help line 24 hours a day in the event of a burst pipe, loss of keys or Boiler breakdown
It is important to remember that the majority of insurers are unlikely to cover Holiday Homes as standard as they are considered a greater risk due to long periods when the property may be empty and unlike your main home your Holiday home is let out to tenants who don’t always take as much care of the property as they would their own.
It is important to use a reputable company that understands your requirements so if your Park home or lodge is your main home you need a company that can also help here too:
One company that has knowledge and experience of park homes has enabled them to design a policy for residential park homes that includes, as standard, all the aspects of a high quality insurance policy whilst meeting the specialist requirements unique to this non-standard style of home is Omar insurance.
They have a growing number of optional additions to insure every aspect of your park home lifestyle. They don’t use call centres or automated answering services so you can contact their expert staff directly to build a policy that meets your needs. Some of the covers they can include are as follows:
· Full accidental damage cover for buildings and contents
· Legal expenses (which includes cover for disputes between park home owners and park operators)
· Personal possessions, money and credit cards away from home,
· Pedal cycles (up to £200 per cycle automatically included in contents)
· Sports equipment
· Freezer and refrigerator contents (£250 cover automatically included)
· Additional cover included: Key/Lock Cover, Temporary Accommodation, Wedding/Christmas Gift Cover and more.
· 24 Hour Home Emergency cover (to include Boiler Breakdown for units under 15 years old).
Omar Insurance pride themselves on a personal service and an extensive knowledge of the Holiday Home market and would be very happy to speak with you about your insurance requirements.
You can contact Hannah Jones at Omar Insurance/BGi.uk direct on 01367246154 or visit their website www.omarinsurance.co.uk