Last Updated on October 9, 2013 by Mark Lavington
Your key to protecting your holiday let. As claims increase so do premiums. Fortunately there’s lots you can do to protect your holiday let, your guests and help keep insurance costs down. Take the time to read this informative infographic which explains some of the more common claims affecting holiday homes. There are also top tips on how you can protect your holiday let and reduce the risk of having a claim yourself.
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Your key to protecting your holiday let
Burst pipes and escape of water. We paid out more holiday home insurance claims for burst pipe and escape of water than any other type of claim. What can you do to protect your holiday let from burst pipes and escape of water?
- Ongoing maintenance
- Regular property inspections when unoccupied
- Shut off the water when your holiday home is not let and/or leave the heating on
- Install a leak detection system or auto stopcock
- Insulate water pipes and storage tanks
- Regularly service your holiday home boiler and heating system
Storm and flood damage caused £400 million pounds of damage to 8000 homes in the UK during 2012 thanks to the wettest weather in a century. What can you do to protect your holiday let and your guests from storm and flood damage?
- Maintain drains, gutters and culverts at your holiday home
- Have a flood plan if your property is vulnerable
- Turn off gas and electricity and move items upstairs
Theft and escape of oil and pollution claims payments have averaged £12,781. The cost of heating oil claims are often inflated by the length of time it can render your holiday home unusable whilst resulting pollution is dealt with. What can you do to protect your holiday let from heating oil theft, escape of oil and subsequent pollution damage?
- Conceal your heating oil tank
- Fit a lock, security lighting or alarm device
- Have your heating oil tank inspected regularly
- Replace your tank when advised to do so
Fire was the cause of the highest claim paid of any incident on our holiday home insurance scheme. At £281,108 the claim represents more than 700 times our average premium. What can you do to protect your holiday let and your guests from a fire?
- Review your holiday let fire risk assessments
- Ensure electrics are safe
- Sweep chimneys regularly
Slips and Trips claims are all to common and emphasises the importance of having holiday home insurance including liability cover which extends to the use of your second home as a holiday let. Slips and trip claims can be inflated by legal costs. The highest claims paid for slips and trips is £31,750. What can you do to protect your holiday let guests from slips, trips and falls?
- Secure carpets and rugs
- Install secure handrails for stairs and steps
- Maintain paths, driveways and patios
For further information on UK holiday home insurance visit the website page most relevant to you:
- Click here if you require holiday let insurance for your annexe
- Cick here if you own a single furnished holiday letting home, cottage or apartment
- Click here if you own a listed holiday home or cottage complex
- Click here if you own a holiday cottage complex
Thank you for reading the post, protecting your holiday let infographic.