A holiday or second home presents a higher level of risk than a property that is lived in full time, mainly because there are periods of time when it is unoccupied, which is why it’s essential to have appropriate insurance in place.

As specialists in high net worth insurance, we are very experienced in arranging cover for holiday or second homes throughout the UK and abroad, ensuring your property is protected against insurable risks, especially when unoccupied.

Typical scenarios could include damage from extreme weather events, such as high winds or flooding, and during the winter, when cold temperatures could affect plumbing.

Theft is also a higher risk for these types of homes as they will likely be unoccupied for longer periods. If such damage goes undetected for extended periods due to unoccupancy the resultant costs to repair damage could increase, a factor insurers consider when underwriting a risk. You may also be using your second home to provide rental income, in which case you will need protection to cover any damage made by a guest.

Our High Net Worth insurers can often add second homes to your main home insurance policy. However should that not be possible or suitable, we have access to a leading panel of insurers and also specialist underwriters and can provide a bespoke solution that is tailored to your specific requirements, giving you the peace of mind that your second home or holiday home is fully protected against all insurable risks.