Holiday Let Insurance Wales
Insurance is an important consideration for anyone running holiday accommodation. Holiday lets often need different cover from standard residential homes because guests stay at the property commercially.
Why specialist holiday let insurance matters
Operating a property as guest accommodation can involve different risks, including public liability, accidental damage, loss of income and periods when the property is unoccupied. Owners should always check that their cover reflects how the property is used.
Guest Occupancy
Standard home insurance may not cover regular paying guests.
Public Liability
Owners may need protection if a guest is injured at the property.
Property Protection
Cover may include buildings, contents, accidental damage and loss of income.
Factors that may affect cover
- Property type and location
- How often the property is let
- Whether the property has hot tubs or outdoor features
- EV charging facilities
- Dog-friendly accommodation
- Periods when the property is empty
- Use of cleaners, trades or management companies