Overseas Property Insurance for a Holiday Home, Villa or Apartment
Holiday villa and apartment owners are often confused when choosing overseas property insurance - should you choose a locally sourced policy or a UK-based insurer? A local policy can seem like the best option because you assume the foreign insurer understands the market. However, foreign property insurance traditionally provides inadequate protection from the major perils that holiday homes abroad face.
Foreign insurers also have their own complex complaints and claims procedures. Unlike the UK, customers of these foreign providers generally do not have recourse to the equivalent of an ombudsman or the FCA to solve disputes. Therefore, choosing holiday home insurance abroad can be problematic.
Schofields provides overseas holiday home and villa insurance for the following countries - select your option to view the policy details or get a quote.
