Alternative Accommodation Following a Claim
Following on from our last post, which discussed the importance of ensuring that your holiday let insurance provides loss of rental income so you can refund guests, there is also the issue of alternative accommodation following a claim.
Similar to the loss or rent scenario discussed, a comprehensive letting policy should also provide the owner with alternative accommodation in the event that the holiday home becomes uninhabitable (whilst staying there) following loss or damage by an insured peril.
This cover should provide alternative accommodation in a holiday home or hotel of comparable standard, if you and your family are forced to leave your property whilst staying there.
It’s important to check with your insurer any policy limits and what standard of accommodation will be made available. A Schofields policy covers up to two times the contents sum insured. It should be noted that if a claim was submitted for five star accommodation with additional restaurant and bar bills, then the insurer is likely to dispute these additional expenses.
As with all claims, we would be sympathetic to the situation and look at each individual claim on own merit.