Holiday Home Insurance: A Protection for Your Second Home

Article by Henry Bell
























Holiday home is the second home of people either in UK or abroad like Spain, Portugal, Italy and France. They use holiday homes for letting purpose, therefore making it a source of income for them. Holiday home is generally given to holiday makers on rent. Hence holiday home is specially structured keeping in mind the requirements of people who come to enjoy their holidays. Therefore, when you give your home to the holiday makers they do not take any care of home and they live like strangers because they pay for it. Holiday home insurance can help you in protecting your second home against it all.

Holiday home insurance is tailored to the special requirements of holiday home giving you the peace of mind so that you do not have to worry about your second home in your absence when you let it to holiday makers. Holiday home insurance gives the coverage against any damage and destruction from fire, flood, vandalism and some other calamity to the home and some policies of insurance companies even extends coverage to the contents of your holiday home. Holiday home insurance given by some insurance companies can also provide the coverage if any one gets injured in your home.

Generally holiday home insurance is given by insurance companies at the higher cost because of the various problems associated like risk of burst pipes, flooding and there can also be the possibility of legal action by some injured guest. If you take care of your second home by turning off the water and draining down the heating system during the absence of guests you can get holiday home insurance very easily. By paying an additional premium you can cover extra benefits with holiday home insurance like cover can be extended to include claim those arising from accidental damage to contents, such as iron burns to carpets, stains and some insurance companies might also give covers for accidental damaged caused by holidaymakers.

However you can easily perform the task of searching about the suitable policy of holiday home insurance with the help of internet. Just by being online on your pc you can search and collect as many quotes of holiday home insurance as you want. Then after collecting these various quotes of different insurance companies you can make the analytical comparison so that you can buy the right policy of holiday home insurance. Thus through internet you can do your work of search about the right policy of holiday home insurance without losing your precious time.

About the Author

Henry Bell is an author who can certainly identify the kind of insurance that you will need. He is an MBA(finance) from University of Oxford. Insuranceb.co.uk endeavors to find the best possible deals for its customers. To find Travel insurance online, Holiday home insurance, Car insurance quote, Home insurance, Van insurance in the UK visit http://www.insuranceb.co.uk












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Warning Over Insurance Cut-backs

Warning Over Insurance Cut-backs











Truro (PRWEB) May 15, 2009

Businesses and homeowners in the South West are being warned against cutting back on insurance in a bid to save money or risk being left underinsured should the worst happen.

“Some savings could prove to be far more costly in the long run,” says Chris Ridgers from Cornish Mutual, who specialise in insurance for the rural community like farmers and holiday home insurance. “If you cut back on your insurance policy, when it comes to the crunch and you need to make a claim, you could run into trouble and find you’re underinsured or worse still, end up in front of an industrial tribunal.”

Some business insurance policies, such as farm insurance, can have legal requirements attached to them – for example, legal liability for damage to the property of others or injury to them, where compensation awards and legal fees run into hundreds of thousands of pounds – reducing cover here can be unwise. In the case of employers’ liability and motor third party insurances, there is compulsory insurance legislation to be taken into account.

Chris, Business Development Manager with the company which has offices in Exeter and Truro, adds: “The best advice is to check your cover and policy details carefully, get a second opinion if necessary and make sure you look at all your options. The important thing is not to leave crucial cover to lapse and make sure you have everything you need but are not underinsured – check the level of insurance purchased.”

This comes as homeowners are also being urged not to forgo home and contents insurance, following recent Government figures showing a four per cent rise in home burglaries during the last quarter of 2008.

Nick Starling, Director of General Insurance and Health at the Association of British Insurers, comments: “Many families will be looking to trim their budgets as the recession bites, but cutting back on home insurance is a false economy. Last year, insurers paid over 6,000 claims, some £7 million, every week, to burglary victims. Without insurance, becoming another crime statistic could plunge you deeper into financial trouble, from which it may take years to recover”.

Companies could legitimately save on some insurance costs by increasing their voluntary excesses for any loss or damage, reducing cover on low-value vehicles to third party, fire and theft, getting rid of flood cover where there is no likelihood of flooding and reviewing sums insured to reflect the basis of insurance, e.g. do they need to be replaced as new or current value figures and reviewing anticipated future income and margins to reassess loss of income protection.

Chris Ridgers adds: “Make sure your insurance provider is aware of your efforts in investing in health and safety or preventing accidents and losses – this could help reduce your premiums. Ask yourself what risks you are prepared to take and what do you want to transfer to an insurer. The overriding message is to find the best way of saving money without putting the future of your business on the line.”

Cornish Mutual has been providing bespoke insurance cover to the rural community across the South West for over 100 years. The firm employs 65 Members of staff and offers a variety of products ranging from buy to let property insurance to farm insurance for people and businesses across Cornwall, Devon, Somerset and Dorset.

For more information, contact:

Ryan Martinez        

Deborah Clark Associates        

01208 77900        

07887 746569    

Melissa Ward    

Cornish Mutual    

01872 277151    

07702 673343     

Notes for editors:

Founded by a group of Westcountry farmers in 1903, Cornish Mutual is the only general insurer based in the South West. Even today, the company is still owned by its Members, and remains at the heart of rural communities throughout Cornwall, Devon, Somerset and Dorset.

Although staying true to its origins in agriculture (around two thirds of Cornwall’s farmers are Members), Cornish Mutual now provides household, commercial, events and personal accident insurance to Members of all descriptions, living or working throughout the South West countryside.

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, Vocus PRW Holdings, LLC.
Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.









More Holiday Home Insurance Press Releases

Insurance Risks for Holiday Homeowners

Insurance Risks for Holiday Homeowners











Truro, (PRWEB) June 1, 2009

Regional insurance firm Cornish Mutual, which has Members across Cornwall, Devon, Somerset and Dorset, says many people may be unaware employers’ liability insurance is a legal requirement and holiday homeowners could face a costly claim or even a prison sentence if a member of staff is injured whilst working on or in their let property.

Latest figures* from the Health & Safety Executive show there were 28 fatal injuries to workers in the South West in 2007/08 and 2,337 reported major injuries in the region – Over two thirds (66%) were amongst workers in service industries.

Chris Ridgers, at farm insurance specialist Cornish Mutual said: “Your employees may be injured at work and they might try to claim compensation from you if they believe you are responsible. It could be a cleaner who goes into the property on changeover day or a gardener you employ to maintain the property – anyone who’s working under your guidance and using your tools and equipment.”

Whilst public liability insurance is not a legal requirement, the cost of not having holiday home insurance could amount to hefty claims from guests injured whilst staying in the property. With 20 per cent of all visitors to the South West choosing to stay in Self Catering accommodation**, it is important for property owners to make sure they have sufficient cover to guard against these risks.

Recent examples of claims experienced by Cornish Mutual include a guest who tripped over a step and fell onto a wood burner sustaining nasty burns and another guest who broke a number of bones after falling over a concrete mushroom in the garden. Other liability claims include damage to a property or its contents.

Malcolm Bell, Chief Executive of South West Tourism said: “We want all visitors to the South West to come to the region and have a safe and enjoyable time when they are here. There is so much to see and do in the South West and we are lucky to have some of the best self catering properties in the UK. Property owners need to make sure they do all they can to ensure their visitors enjoy their stay and this includes having adequate cover for their business.

“We would encourage property owners to take out public liability insurance to ensure they are covered should an accident happen.”

Iain and Gill Butterworth run specialist holiday homes letting agency ‘Holiday Homes & Cottages South West’, based in Torquay, Devon. Their Agency Agreement (legal contract between owner and the company) incorporates a declaration that the owner confirms that they have ‘adequate commercial public liability insurance’.

Gill added: “We recognise the importance of having insurance that is appropriate and offers the right level of cover. We, therefore, do not take on a new property before ensuring the owner has the right cover in place.”

Cornish Mutual’s Let Property and Buy to Let Property Insurance products include holiday homes – this provides cover for buildings, contents and public and employers’ liability insurance. For more information visit http://www.cornishmutual.co.uk or call 0845 900 1288.

*HSE, South West government office region (GOR), Statistics of occupational ill health, safety and enforcement 2007/08

**South West Tourism, South West Visitor Survey 2007

For more information, contact:

Ryan Martinez    

Deborah Clark Associates

01208 77900

07887 746569

Melissa Ward    

Cornish Mutual    

01872 277151    

07702 673343     

Notes for editors:

Founded by a group of Westcountry farmers in 1903, Cornish Mutual is the only general insurer based in the South West. Even today, the company is still owned by its Members, and remains at the heart of rural communities throughout Cornwall, Devon, Somerset and Dorset.

Although staying true to its origins in agriculture (around two thirds of Cornwall’s farmers are Members), Cornish Mutual now provides household, commercial, events and personal accident insurance to Members of all descriptions, living or working throughout the South West countryside.

For more information on Holiday Homes & Cottages South West visit http://www.swcottages.co.uk or call 01803 299677

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Vocus©Copyright 1997-

, Vocus PRW Holdings, LLC.
Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.









Related Holiday Home Insurance Press Releases