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More and more people are buying property abroad and need good insurance to protect their investment. But buying insurance locally can pose real problems due to the differences in language, law and culture.
Hiscox has a long history of insuring properties abroad and can provide cover in most European countries and many other popular destinations.
Core Benefits
- Unlike some providers, we also provide theft cover even if your property is left unoccupied
- You have the freedom to rent out your home to family or friends on a short-let basis – some insurers will not provide cover when this happens
- Accidental damage – you can choose to include this cover for both buildings and contents giving you true flexibility
- Very few policy conditions e.g. no limit on the value of individual items in your home and high levels of cover as standard
- Buildings cover automatically includes swimming pools, terraces, tennis courts and outbuildings
- Pay monthly by interest-free Direct Debit (a significant saving compared to some insurers)
- Up to £5m of liability cover, much more than provided by most overseas insurers. Public and Employer's Liability cover included as standard up to £2m
- Unlike some insurers we do not apply ‘average’ – this means the claim amount you receive would not be reduced if you found out you were inadvertently underinsured
- Emergency travel – if your holiday home suffers damage and you need to be present on site, we will pay up to £1,000 for your travel expenses
Claims Service
When you buy insurance you purchase a ‘promise to pay’. It’s when you make a claim that you really find out how good your insurer is, and we recognise that this is probably the most important aspect of our product. Which is why we ensure that our claims service is one of the best in the market.
If you need to make a claim, our 'speed of settlement' guarantee ensures payment direct to your bank account within ten working days of receipt of your signed acceptance. If we fail to meet this deadline, we will pay interest on any claim over £2,500 (at your bank's base rate) until payment is made in full.
How can I find out more or get a quote
Download our overseas holiday home factsheet for more information.
Get a quote online
If you are already a Hiscox customer and want to add an overseas property to your current contract, please contact your broker, who will make the necessary arrangements.
The summary of cover is illustrative only and should be read in conjunction with the full terms & conditions of a Hiscox policy.
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