your Holiday Home Insurance Policy Written in a Language
that you can Understand?
have just purchased that dream holiday home property and
one issue that needs to be sorted out prior to the completion
is the property insurance.
if that property was in France, Spain, Portugal, Greece,
Denmark, Germany or Italy. Do you speak the language
well enough to understand the insurance in Portuguese
for example? Many insurance companies in European countries
have advisers who speak English, however normally the
policy will still be in the local language. Insurance
policies are often difficult enough to understand in your
mother tongue, but in a foreign language you probably
wouldn’t know what was covered and what was not.
is an answer now as several British based insurance companies
are now covering overseas properties. The policy is written
in English and you deal with someone who is experienced
with insurance on holiday home properties in the country
that your second home is located in.
are now also many multinational insurance companies with
familiar names in Britain that are becoming just as well
known in France and Spain. Many of these can now help
with your insurance, but careful research on the Internet
or recommendation from friends is very important.
do need to ensure that the property is covered for paying
guests and when you are not in residence for several
months a year. The other major considerations are: Theft,
Malicious Damage, Fire, Flood, Burst, Pipes, Storm, Impact
with road vehicles, Subsidence, Landslip, Heave and Earthquakes.
print” in insurance documents is often hard enough
to understand in your own language and very difficult
in a foreign one, so never be afraid to ask for professional
advice explaining anything that you are not happy with.
Suter is a Director of jml Property Servicesjmlproperty.co.uk
a UK based company offering Insurance products on line
and a holiday home advertising service www.jmlvillas.com
and management training within the uk. He is a very experienced
property consultant with over 30 years work in the Residential
letting business in the UK and served on the National
Council of ARLA. He is a Fellow of the National Association
of Estate Agents (NAEA) and a Member of The association
of Residential Letting Agents (ARLA)