Holiday Let Insurance
Specialist insurance backed by Aviva for holiday lets, serviced accommodation, and Airbnb risks.
Running a short-stay business means allowing a high turnover of mostly unvetted, short-term “tenants / guests” to use a property, which presents a risk to your client, and their business. Short-stay insurance protects your client's liabilities as a landlord, their property, and their income.
Our Aviva-backed policy is designed for property owners operating holiday let accommodation businesses anywhere in the UK, with comprehensive cover for guest-related exposures, loss of income, and leisure facilities.
Key product features
Buildings
Cover for rebuild or repair to the property following an insured event (fires, storm, malicious damage etc).
Contents
Cover for loss or damage to contents and guests' possessions within your client's properties.
Leisure facilities
Cover can be considered, if required, for leisure facilities such as hot tubs, saunas, swimming pools, and gyms.
Unoccupancy
Properties are covered while unoccupied for a minimum of 45 days per year (longer periods are available).
Theft or damage by guests
Cover for theft and intentional damage to the building and contents by guests. Pet damage cover can be included as an optional extra.
Legal expenses
Optional cover for legal expenses which provides advice and legal action on a dispute relating to your client's property.
Business interruption
Cover for loss of income due to buildings and/or contents damage covered by the policy. Loss of income is based on estimated annual turnover and takes into account seasonal fluctuations.
Accidental damage
Cover for damage to the property and contents caused by a sudden and unforeseen event.
Employers' and public liability
£10m cover for liability to employees for illness or injury sustained in the course of working for your client in relation to their serviced accommodation. £5m cover for liability to tenants, guests, and third parties for injury, illness, or damage to their property arising as a result of your client's business activities.
We greatly value our relationship with Glemham. Their team of knowledgeable and efficient underwriters, combined with a range of great products, makes them a pleasure to work with. They consistently provide excellent support and a proactive approach, helping us deliver the best outcomes for our clients
David Scourfield - Greenlands Insurance
Risk appetite
We can accommodate most types of short-stay accommodation portfolios anywhere in the UK, provided there is at least one permanent structure, including:
Single & multi-property portfolios
Holiday lets/ holiday homes
Purpose-built lodges & cabins
Converted barns and buildings
Yurts, pods, and shepherd's huts (provided there is also a permanent structure)
Diversified farms operating holiday lets
Apartments
Properties let on Airbnb, Vrbo, and other holiday rental platforms
Our policy can also accommodate the following:
Holiday lets with leisure facilities (indoor & outdoor pools, games rooms, hot tubs, spa facilities, saunas, steam rooms, cinema rooms, BBQs & outdoor kitchens, log burners, children's play areas)
Varied occupancy types - the policy allows for flexibility between holiday let use and standard residential lets on an Assured Periodic Tenancy
Why choose Glemham?
Working with Glemham Underwriting gives you direct access to our underwriters, so you can discuss a risk with us before we assess it. Our short-stay policy is backed by Aviva and provides cover for holiday lets, serviced accommodation, and short-term rental properties, including properties let on Airbnb.
Flexible occupancy approach
Guest damage extensions available
Direct access to our underwriters
Appetite for leisure facilities
Aviva-backed capacity
Pet damage cover available
Case studies
Holiday lets on a diversified family farm
The risk: Two farmhouses and three shepherd's huts with log burners and hot tubs, rented out for short stays to members of the public.
The solution: Working with the broker we were able understand this multi-site operation. We established the client's experience and their approach to risk management. This gave us the confidence to provide terms and to place the risk on cover.
Timber lodges
The risk: Six timber holiday lodges with log burners and hot tubs.
The solution: We worked with the broker to fully understand the cover requirements for each individual lodge. We also looked at the layout of the site and the separation between the lodges. We established what was required for the risk in its entirety and worked together to provide comprehensive cover for the client.
Luxury five-bed property
The risk: Luxury five-bed property with outdoor pool, gym, hot tub and home cinema. Rented out as a holiday let year-round.
The solution: We discussed all aspects of the risk with the broker, both inside and outside the property. At the same time, we could see how the client managed these exposures. Having understood the risk fully, we were then able to provide a suitable solution.
FAQs
To get a quote, download and complete our proposal form, returning it to [email protected], or speak to one of our underwriters on 01728 441444.
Yes, this product if flexible to cater for a clients changing occupancy types throughout the year.
The business interruption cover is calculated on revenue, not loss of rent.
Our policy includes theft and malicious damage by guests, as well as damage caused by pets.
Find out more
To find out more or to get a quote, complete our proposal form or speak to a member of the team.