Public Liability Insurance For Holiday Lets
Do you provide a standalone public liability insurance policy to protect us if a guest has an accident in our holiday home?
This is a question we are often asked and the answer is no, we do not provide a standalone public liability insurance policy. However, £5m public liability insurance is included in our holiday letting insurance policy, as standard, when you insure either buildings or contents.
I don’t think there are any insurers who do a standalone policy.
It is likely that anyone looking for a standalone policy because their current insurer doesn’t provide public liability cover for holiday letting, could be putting themselves at risk by not being adequately insured for commercial holiday letting.
If an insurance policy does not provide public liability insurance for holiday lets, then it is likely that theft and accidental damage by guests, loss of rental income, employers’ liability insurance and provision of alternative accommodation following a claim are also not covered. These are all essential areas of cover that holiday let landlords need.
So, if you are venturing into the self catering business and letting your holiday home (even to friends and family), ensure you are covered. You could be held liable for significant damages if a guest has an accident on your property and sues you. Unfortunately accidents happen.
Take reasonable steps to make your holiday home safe for you and your guests.
Contact us if you require further advice or get a quote for your holiday let that includes public liability.
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