American holiday home insurance

Holiday Home Insurance USA

Is American holiday home insurance a legal requirement?

No, American holiday home insurance isn’t usually a legal requirement. That said, if you have a mortgage, your mortgage provider may have rules that state you need to have certain types of insurance on your property. Insurance is worth considering regardless, since it mitigates the risks of owning a holiday home.

The USA offers a plethora of diverse and attractive locations for holiday home ownership. Still, having a holiday home comes with its own risks. Making sure you have the right holiday home insurance can eliminate the stress of owning a holiday home – relax knowing you’re protected against unexpected costs if the unexpected happens.

Is American holiday home insurance a legal requirement?

No, American holiday home insurance isn’t usually a legal requirement. That said, if you have a mortgage, your mortgage provider may have rules that state you need to have certain types of insurance on your property. Insurance is worth considering regardless, since it mitigates the risks of owning a holiday home.

Can I get regular home insurance for my American holiday home?

No, standard home insurance is intended for your main residence. It doesn’t usually cover holiday homes or homes that are left empty for long periods of time – usually 30 days or longer. This is because leaving a house empty brings greater risks.

What types of properties can be insured as holiday homes in America?

Most types of residential buildings can be insured with USA holiday home insurance. However, if you have a non-standard construction building, you may need to look into specialist insurance. Log cabin insurance, for example, considers the higher risk of fires in wooden construction houses, whilst ski lodge insurance covers the risk of avalanches specific to this type of lodge.

Do I need special insurance to rent out my American holiday home?

If you’re renting out your holiday home, it’s worth looking at holiday letting insurance. This can help protect you if a paying guest has an accident on your property.

Can I insure American holiday homes with UK insurance companies?

Yes, many UK insurance companies will offer insurance policies for holiday homes in the USA. This can be convenient as it means you can contact your insurance company during UK working hours, without time-zone clashes.

What does American holiday home insurance cover?

Holiday home insurance in the USA is like regular home insurance, in that the standard level of cover will typically protect the building against fire, floods, storms, or break-ins.

Can I get additional insurance for my American holiday home?

Yes, most insurers will let you add extra cover to your policy. This can include content cover, which protects personal belongings, furniture, and electronics contained within your holiday home. You may also want to consider legal cover, emergency repair cover, emergency travel cover, and more.