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Holiday homes Property insurance
Holiday
Property Insurance (in English) for the UK and Overseas
- Owning
a holiday home is the opportunity to have somewhere to regularly visit. A home
by the sea in the mountains or city centre. A base to go and play golf in the
sun or sail on azure blue skies - skiing throughout the winter or walking each
morning to that distinctive Mediterranean aroma of pine and bougainvillea lazing
around the pool or sitting by the river watching time go by. Click
on a logo/link below for more information from the individual provider  Intasure
UK Overseas, Second Homes and Main residence Holiday Property
 Andrew
Copeland UK Overseas and Main Residence Holiday Homes
Rentguard UK Holiday Home Insurance
Letsure UK Holiday Home Insurance
Holiday homes Insurance from Staysure
Devon Direct Holiday homes Insurance
Intasure
Home insurance for your main residence in the UK
Property
Insurance in European Countries Information
below is provided in good faith, but as conditions are always changing, professional
advice should be sort before arranging insurance.The information should not be
relied on for accuracy. Property
Insurance in France Property
Insurance in Ireland Property
Insurance in Italy Property
Insurance in Belgium Property
Insurance in Germany Property
Insurance in Spain Property
Insurance in Portugal Property
Insurance in France - Home and Household property insurance in France Called
a contrat assurance multirisques habitation or assurance multirisques vie privée
or la multirisque, or Property Insurance is Assurance de Biens The
insurance should cover the cost of repairs or rebuilding including permanent fixtures
and fittings within the property, such as fitted kitchens and bathrooms due to
damage caused by : natural disasters, floods, fire, storms, burst pipes, explosions,
lightning and theft. It should also give you civil liability insurance (responsabilitée
civile propriétaire). When
calculating the value of your home, you need to take into account the cost of
rebuilding it and the sum insured should be sufficient to rebuild all buildings
as well as all outdoor structures such as swimming pools, terracing or perimeter
walls. The rebuild value should take into account also the as removal of debris,
architectural and other professional services. This value (like in the UK) is
often quite different to the market price of the property and the price of the
land should be excluded. Insurers do not have to be based in France and as such
an Insurance company broker based in the UK with a policy written in English can
be beneficial. Click
Here for further information. Insurance
Cover is Couverture d'Assurance Building
Insurance is Assurance pour Batir Written
notice to cancel a French insurance policy If
you use a French insurance company under the Codes des Assurances, it is necessary
to give a minimum of 2 months written notice prior to the Annual Renewal date
to avoid having to automatically continue with the insurance for the following
year. You will not normally have this rule if you use a company that is based
in the UK for example, but it is important to check this fact out, particularly
if you are looking for an alternative provider. Holiday
Homes The
owner of a self catering holiday property that is rented out as holiday accommodation
must make sure that the insurers are aware it is let for holidays. You should
check that there is adequate public liability cover as a landlord. If
the property is a holiday home insurers must be advised of the periods of non-occupancy.
If for example you need to keep the electricity on during periods of non occupancy
for heating, alarms, garden irrigation etc, you should let the insurance provider
know. Back
to top Property
Insurance in Ireland Section
Under Construction Back
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Insurance in Italy Section
Under Construction Property
Insurance ( Assucurazione dei Beni) Insurance
Cover (Copertura du assicurazione) Building
Insurance # (Assicurazione per Costruire ) #
coverage for the act of building a house/apartment/factory, etc Back
to top Property
Insurance in Belgium Section
Under Construction Back
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Insurance in Germany Section
Under Construction Back
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Insurance in Spain - Home and Household property Insurance in Spain Building
and contents insurance (continente y contenido) . Contents insurance (contenido)
Insurance
Policy options you should check include the following: -
Accidental damage
cover and "All Risks" outside the home
-
Increased limits for liability cover
-
Liability cover for dangerous dogs, cover for non-dangerous dogs is normally automatically
included
-
Property Owners Liability (landlords) for rented accommodation q Standard comprehensive
policies with public liability insurance (also known as liability to third parties)
Household
insurance (seguro del hogar) in Spain generally includes the building, its contents
and third party liability. Insurers do not have to be based in Spain and as such
an Insurance company broker based in the UK with a policy written in English can
be beneficial. Click
Here for further information. Some of the Spanish based companies also
offer the policies written in English. Insurance policies often appear confusing
in any language, so unless you are fluent in Spanish it might well be beneficial
using a provider based in the UK. Contents
Insurance (Contenido) Home
insurance policies in Spain are generally on a "new for old" basis (this means
that in the event of a claim insurers will settle the claim based on the value
of a similar but new item to the one lost or damaged). It is therefore important
that the contents sum insured reflects the replacement value. In
the UK bathroom and kitchen fitments are usually covered under the buildings section
of a policy. In Spain this is not always the case and the value often has to be
included under the contents sum insured. This is worthwhile checking out when
you take out your insurance cover. Building's
Insurance (Continente) As
in most countries, the building sum insured should represent the rebuilding value
for the property and not the market value. Rebuilding costs have risen dramatically
in Spain over recent years; it is important that the rebuilding sum insured is
realistic or any claim may be reduced for underinsurance. As a rough guide the
rebuilding sum insured should be about €1,500 per square metre of a constructed
property. (This approximate amount being quoted in 2009, but you should not rely
on this figure) Another
consideration when arranging your insurance, is that quite often with an insurance
company based in Britain, your insurance value e.g. cost of rebuilding or contents
would be in £ sterling. In the last few years when the £ has got weaker and the
€ euro stronger it has meant that you might not be adequately insured. Inflation
is accommodated by index linking which covers standard inflationary increases.
This is reviewed automatically annually by insurers. Market forces can cause variations
locally and the insured should request advice if unsure that the sum insured is
adequate. Generally, standard policies do not have any excess although a reduction
in the premium can be obtained if an excess is taken. If you are using a UK provider,
you might find there are excesses and again check this out before purchasing. If
the owner has a mortgage on the property, the lender will usually insist on building
insurance with a clause on the policy noting their interest. Holiday
Homes The
owner of a self catering holiday property that is rented out as holiday accommodation
must make sure that the insurers are aware it is let for holidays. You should
check that there is adequate public liability cover as a landlord. Liability limits
of Spanish insurers tend to be fairly low, although some Spanish insurers do offer
higher limits and this should be checked with the adviser or insurer. If
the property is a holiday home insurers must be advised of the periods of non-occupancy.
If for example you need to keep the electricity on during periods of non occupancy
for heating, alarms, garden irrigation etc, you should let the insurance provider
know. People
who live in a domaine, should be aware that their community policy may not provide
cover in the event of damage to the buildings. Advice on this point should be
sought from an insurance adviser. Making
a property insurance Claim Claims
must be reported to the insurers or insurance adviser as soon as possible. Policies
usually have a time limit for claims of seven days (check on the policy). Contact
the adviser or insurance provider by telephone, fax, letter or email. Although
it is written in the policy that claims must be reported within seven days, if
there are circumstances, which prevent the client from doing this, then insurers
will normally take this into account when dealing with the claim. In
the case of a robbery, malicious damage or arson a police report (denuncia) must
be obtained and sent to the insurer with the claim. Back
to top Property
Insurance in Portugal Section
Under Construction Back
to top See
also Holiday
Home Insurance Information Why
do I need holiday home insurance? Insurance
advice following storms in France this week -
Blog - March 2nd 2010 Is
your Holiday Home Insurance Policy Written in a Language that you can Understand?
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