Owning a second property comes with different risks, so you need a policy that’s tailored to your needs. We know that sometimes it may be unoccupied or used by family and friends and standard domestic cover might not be sufficient. Use our quick and easy home insurance comparison engine to discover how much you could save on the insurance you need.
Here at Policy Expert, we want you to enjoy your second home – whether it’s a rustic cottage set in the beautiful countryside or a seaside flat with scenic views of the rugged coastline, we understand that it can be a treasured and precious place to visit. Everyone needs to escape the pressures of the daily grind and what better way to do this than with a second home, your own idyllic retreat. You might have found in the past that getting insurance for your second home was tricky; many insurers deemed properties like yours too risky.
Think about how you use your second home. Is it purely for your own personal use? Do you let family and friends stay there occasionally? Is it empty for extended periods of time or do you have staff that take care of the place when you’re not there? You may even run your second home as a guest house or B&B. If it is used for commercial purposes, it may be the case that you need advice from a specialist home insurance provider.
If you’re looking for guest house insurance, there are various policies that can provide cover for the buildings, contents, refrigerated or consumable stock, beer, wines and spirits and tobacco and cigarettes. You might also require cover for any business interruption resulting in loss of income, protection for items in transit, your own personal contents, legal expenses cover and public and employers' liability cover.
Don’t be tempted to stick with a cheap, easy to find, standard domestic policy – if you don’t declare that your second home is a holiday let, guest house or is unoccupied some of the time then you may find out the hard way that your insurance is void. While specialist cover may be a little bit more expensive, your personal circumstances are taken into account meaning that if you do have to make a claim, you’ll be fully covered.
Compare second home insurance quotes now, or read more in our handy home insurance guides.