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If you’re fortunate enough to have a second home, you’ll want to keep it safe. Getting second home insurance is the best way to guarantee you’re covered. From damage to theft, your home will be protected.
Get A Free QuoteAt InsureMy we only use insurers and we price match every quote, so you can be sure that your second home gets a policy it deserves. Here are just a few InsureMy perks you may struggle to find elsewhere:
The cost of your second home insurance will depend on numerous factors. Some things insurers will consider are:
Every building and situation is different, so it’s best to get a quote to fully understand how much your second home insurance will be.
A second home is exactly as it sounds: another property your family uses at times throughout the year. Your main residence and second home require different insurance, so it’s essential you know which is which. While your main home can be insured with regular building and contents insurance, your second home requires specialised cover. To help you distinguish between the two, here are some factors to consider:
· How often do you stay in each property?
· What property do your family stay in most often?
· Where are the majority of your belongings kept?
· What address is registered for banking, tax, or voting?
See below some of our top FAQ's when it comes to second home insurance.
Second home insurance and standard home insurance are very similar. Both include building and contents insurance, so many people mistakenly take out the same policy for both properties. Often, people won’t even tell their insurer that they don’t live there full-time. However, this leaves your property vulnerable. Second homes are treated differently by insurers, and most won’t cover properties that are left unoccupied. This could mean you’re left with a large bill to pay if anything goes wrong with your second property.
Second home insurance is designed to protect your second home from damage, theft, fire and floods. While this may sound like your standard building and contents insurance, it provides more protection. Standard home insurance usually won’t cover second homes as the property spends time unoccupied. Insurance companies will consider the property vulnerable due to this. Second home insurance allows you to fully cover your home and all of its potential risks. However, it’s important to note that second home insurance differs from rental or holiday home insurance. Rental properties and holiday homes require their own insurance due to their unique requirements.
Standard home insurance won’t cover any theft or damage to your second property. To ensure you’re fully covered, you’ll need to take out specialised second home insurance. Insurance is a must for second properties. Since these homes are often left empty for long periods, the chances of problems going untreated are more common. A burst pipe could leak throughout the house without you knowing for weeks. Or your empty home could catch the eye of a thief. Second home insurance is essential to protect yourself from these problems and give you peace of mind.
Keep your second property safe from harm with second home insurance. InsureMy works with a range of insurers to provide you with the best quotes. Get a free online quote today – quick and easy.