The number of UK residents how now have overseas homes is steadily on the increase. In some cases these overseas homes are for holiday purposes, such as with Spain, in other cases theyre bought for the purpose of spending at least part of the time of the owners retirement, such as with Cyprus. Either way, more often than not the British owner of the home would prefer not to have the overseas home insured by an offshore insurance provider, but rather by an insurance provider closer to home.
So, if you have an overseas home and would like a UK home insurance company to provide you with insurance, what can you expect to get?
Home Contents and Home Buildings Insurance
A number of providers of overseas home insurance policies have merged the home contents and home insurance policies to be an amalgamated overseas home insurance policy. This mega policy should cover you for both circumstances.
Public Liability Insurance
Should be a must, especially if you are considering renting the overseas home out for the part of the year that you are not there.
Lost Earnings
If you think that renting your overseas home about is going to be a...