Landlord insurance in Newquay
Newquay lives on tourism, and much of its lettings market is holiday accommodation rather than long-term homes, right down to the stag and hen trade. A constant flow of short-stay guests changes the risks a landlord here carries.
Where the risks come from for Newquay landlords
Holiday guests, particularly large groups on a celebration, treat a property very differently from a long-term tenant, and accidental and deliberate damage over a busy season adds up, broken furniture, damaged fittings, the occasional trashed weekend. A standard buy-to-let policy does not contemplate any of it.
A Newquay example
A holiday let is booked by a large group for a weekend, and the property is left with broken furniture, damaged doors and stained carpets. Holiday-let cover, written for short-stay use and including accidental and malicious damage by guests, meets the cost of putting the property right before the next booking.
What landlord insurance covers
A holiday let needs cover on the right basis, short-stay letting, with damage by guests, landlord's contents for everything supplied, public liability for paying visitors and buildings cover that recognises commercial use. The wrong basis can leave the whole policy unable to respond.
Placing it in Newquay with Apex
Short-stay and holiday property is a distinct market, and placing it correctly is the entire job, one we do through insurers who specialise in it. Apex arranges Newquay holiday lets through one named broker. FCA authorised; established 2009.
Related
Get the right commercial cover, placed by a named broker
Tell us about your business and we’ll place it on the specialist market — or leave your number and a named broker calls you back, usually the same working day.