Leisure Home Insurance

 

Our Leisure Home Select and Economy policies have been designed to meet the needs of owners of Leisure Homes, Holiday Lodges and Static Holiday Caravans. Both policies provide new for old cover (Note – the Economy policy cover for clothing and linen is on a market value basis) and are therefore not suited for owners of older lower value caravans requiring indemnity or market value cover.

 

Leisure homes, holiday lodges and static holiday caravans offer a varied lifestyle choice. Traditionally used by family and friends for holidays and weekends, increasingly they are let out to generate a valuable revenue - and in some cases they are being purchased purely as an investment, with returns of up to 8% being proclaimed.

 

In recent years the quality of these leisure homes and the quality of the parks has improved beyond recognition, it is not uncommon for prices to exceed £250,000 and as a result we are seeing homes being used effectively as the main residence, taking advantage of 11 and even 12 month holiday licenses. People are taking advantage of a booming property market, releasing equity, buying a Leisure Home and spending their time at home and abroad - and why not ?

 

So a diverse product and lifestyle choice requires a flexible insurance policy which recognises a wide range of values, a wide selection of parks and locations and above all very different occupational choices. Our policies do just that and offer choice too.

 

Type of cover

We have set out below in a helpful ‘at a glance’ style the full range of features and benefits provided by our ‘Select’ and ‘Economy’ policy options for leisure homes, holiday lodges and static holiday caravans, enabling you to chose the policy which best matches your requirements.

If there is any aspect of the policies that you do not understand please call us and we will gladly explain. You can also view the full policy wording on line or we shall be happy to forward a specimen policy to you.

We have done our best to set out the features clearly, we believe both policies provide excellent cover, as good, if not better, than any other comparable policy currently available.

Please remember that no policy will protect you and your home against every eventuality, conditions and exclusions will apply and every application will be subject to individual underwriting taking into account your needs and your individual circumstances.

Picture of a leisure home

You choose how you deal with us:

Leisure Home Insurance

Section   Select Economy
Structures Standard Excess – All Sections Nil £100
Sum Insured £300,000 £150,000
Basis of Settlement New for Old New for Old
Cover Basis Accidental Damage Specified Perils*
Trace & Access £5,000 £1,000
Site clearance, resiting and delivery YES YES
AD to service pipes and cables YES YES
AD to glass and sanitaryware YES YES
Replacement locks £1,000 £100
Alternative accommodation £60,000 £30,000
Emergency entry YES YES
Contracting purchaser YES YES
Property owner’s liability £5,000,000 £5,000,000
Contents Sum Insured £30,000 £15,000
Basis of Settlement New for Old

(incl. clothing & linen)

New for Old

(except clothing & linen which is market value)

Cover Basis Accidental Damage Specified Perils
AD to entertainment equipment YES YES
AD to mirrors and glass YES YES
Replacement locks £1,000 £100
Accidental loss of oil and water £1,000 Nil
Alternative accommodation £6,000 £3,000
Frozen food Up to the Contents Sum Insured £100
Liability to domestic staff £10,000,000 £10,000,000
Public liability £5,000,000 £5,000,000
Emergency entry YES YES
Contents in the open £1,000 £250
Garden plants £500 Nil
Money, Personal Effects and Valuables Maximum Sum Insured £5,000 £2,500
Limit Any One Item £500 £500
Personal Accident Maximum Limit of Indemnity £7,500 N/A
Maximum Age of Claimant 69 Years N/A
Home Emergency Assistance Domestic Emergency Helpline Yes N/A
Emergency Repairs £500 N/A
Overnight Accommodation £150 N/A
Terms  of business select  Policy Wording Economy  Policy Wording select  Summary of Cover Economy  Summary of Cover

*fire, explosion, lightning, earthquake, storm, flood, riot, malicious persons, subsidence, escape of water (e.g. from burst pipes or tanks) or oil, theft, collision by vehicles or animals, collapse of aerials, falling trees.