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Holiday Let Insurance

Specialist holiday let home insurance, providing cover all year round, in the UK and Europe. 

  • Arranging insurance for holiday let owners for over 42 years

  • Holiday lets in the UK, Spain, France, and Portugal

  • Properties covered when occupied and unoccupied between guests

  • UK-based customer service team

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Why choose Schofields for holiday let insurance?

  • Trusted and proven: rated 5 out of 5 on Feefo

    Our 5 out of 5 'Excellent' Feefo rating is proof from real customers that our cover and service deliver.

  • Same family values, trusted expertise

    Offering the same personal attention, knowledge and care that's defined Schofields since we started in 1984 as a family-run business.

  • Specialist cover for holiday letting and personal use

    Includes specialist cover for when your holiday home is used by you or rented out short-term to paying guests. T&Cs apply.

What does holiday let insurance through Schofields cover?

Holiday let insurance cover is split into buildings and contents insurance, which can be bought separately or together, depending on your requirements. As well as that, Schofields offers a standard holiday let insurance policy, as well as a Plus holiday let insurance policy for UK holiday let properties. The Standard holiday let insurance policy has slightly less cover than the Plus holiday let insurance policy however both can be tailored during the quote process. If your property is overseas, please visit our overseas property page.

Compare holiday let insurance in the UK cover options below:

Available cover types

✓

Buildings & Contents

Full structural and home contents protection.

✓

Contents Only

Cover for your furnishings and belongings.

✓

Buildings Only

Structural coverage for the property itself.

Compare UK Holiday Let Insurance Policies

Plus

Most popular

Enhanced cover — UK properties only

Compulsory excess The minimum fixed amount you would have to contribute to a successful claim.

From £50

Loss Of Use and Denial Of Access Loss of pre-booked rentals or the cost of alternative accommodation under certain circumstances listed in your policy wording, such as damage to your property by storms.

£5,000

Property in the Open Property in the open but within the premises subject to a £5,000 limit. Can cover outdoor items such as garden furniture, BBQs, hot tubs and equipment left outside or in outbuildings.

£5,000 per claim

Theft of Keys The costs and expenses incurred in replacing or changing parts of the locks, if the keys to the buildings are lost or stolen or there is evidence that the keys have been duplicated by an unauthorised person.

£5,000

Locating Leaks Covers the cost of locating and accessing the escape of water - such as breaking through walls, floors, or ceilings - to find the source of a leak.

£5,000

Unoccupancy Conditions No cover restrictions when your property is left unoccupied between lets or visits. Endorsements may be applied at underwriters discretion.

None

Winter Heating & Drain Down Warranties None as standard. Underwriters may however apply terms to individual policies upon review.

No heating, isolation of water
or drain down requirements*

Standard

Standard cover — UK properties only

Compulsory excess The minimum fixed amount you would have to contribute to a successful claim.

From £250

Loss Of Use and Denial Of Access Loss of pre-booked rentals or the cost of alternative accommodation under certain circumstances listed in your policy wording, such as damage to your property by storms.

£1,000

Property in the Open Property in the open but within the premises subject to a £5,000 limit. Can cover outdoor items such as garden furniture, BBQs, hot tubs and equipment left outside or in outbuildings.

£500 per claim

Theft of Keys Covers the costs you have to pay for replacing locks to safes, alarms and outside doors in the holiday home following theft of your keys.

£500

Locating Leaks Covers the cost of locating and accessing the escape of water - such as breaking through walls or floors - to find the source of a leak.

£1,000

Unoccupancy Conditions When your property is left unoccupied, certain conditions apply - such as regular inspections.

Conditions apply

Winter Heating & Drain Down Warranties Maintaining a minimum level of heating or draining the water system during winter months is required.

Required

*Upon review of application the Underwriter may apply terms.

Included in both packages

✓

£5m Public Liability

Included

Financial protection if a guest or visitor suffers injury or property damage.

✓

Accidental Damage

Optional add-on

Accidental Damage to Buildings and Contents is available on both packages when Buildings or Contents insurance is selected. Pet damage included on Plus policies when accidental damage is opted for.

✓

Legal Expenses

Optional add-on

Available on both packages for an additional premium.

For the full information on what is and isn't covered on each policy type, view the Important Documents.

Overseas Holiday Let Insurance Policy

Overseas

For overseas holiday homes in Spain, France, or Portugal

Compulsory excess The minimum fixed amount you would have to contribute to a successful claim.

From £50

Loss Of Use and Denial Of Access Loss of pre-booked rentals or the cost of alternative accommodation under certain circumstances listed in your policy wording, such as damage to your property by storms.

£5,000

Property in the Open Property in the open but within the premises subject to a £5,000 limit. Can cover outdoor items such as garden furniture, BBQs, hot tubs and equipment left outside or in outbuildings.

£2,000 per claim

Theft of Keys The costs and expenses incurred in replacing or changing parts of the locks, if the keys to the buildings are lost or stolen or there is evidence that the keys have been duplicated by an unauthorised person.

£5,000

Locating Leaks Covers the cost of locating and accessing the escape of water - such as breaking through walls, floors, or ceilings - to find the source of a leak.

£1,000

Unoccupancy Conditions No cover restrictions when your property is left unoccupied between lets or visits. Endorsements may be applied at underwriters discretion.

None

Winter Heating & Drain Down Warranties None as standard. Underwriters may however apply terms to individual policies upon review.

No heating, isolation of water
or drain down requirements*

*Upon review of application the Underwriter may apply terms.

Included in overseas property insurance

✓

£5m Public Liability

Included

Financial protection if a guest or visitor suffers injury or property damage.

✓

Accidental Damage to Contents

Optional add-on

Accidental damage to contents in the home when Contents insurance is selected.

Find out more about overseas property insurance, or visit the Important Documents.

people in front of holiday let

Short-Term Holiday Let Insurance

Holiday lets are typically rented on a short-term basis - ranging from a single weekend to a few weeks. Holiday let insurance is specifically structured to account for the risks associated with letting your holiday home to guests, including:

● Frequent changeover of guests with varying levels of care for your property

● Periods of vacancy between bookings when typical home insurance may not provide full cover

● Higher likelihood of accidental damage from guests and pets

● Public Liability exposure when guests are using your property and its amenities

Meet our holiday let insurance expert

"Guest injuries are one of the most significant financial risks holiday let owners face. Whether caused by a slip, trip or other accident, these claims can often come with a high cost. Regular maintenance and routine safety checks can help reduce the risk of incidents and potential claims."

Phil Schofield

Phil Schofield

Head of Sales and Marketing

Check out profile
people in front of holiday let

What details do you need to get a quote

It's useful to have the following information to hand:

  • Property details: Address, property type, number of bedrooms, the year it was built, how it's heated and a few structural details e.g. what your exterior walls are made of, type of roof and how much flat roof space you have.

  • About your cover: Do you need buildings insurance, contents only or buildings and contents, and when do you need the cover to start?

  • About you: Your contact details, correspondence address and occupation.

  • Claims: Any claims you have made in the last five years and if the property has ever suffered from flooding or movement caused by subsidence, heave or landslip.

  • Rebuild cost: The amount it would take to rebuild the property if it were destroyed.

  • Value of your contents: The cost of replacing the entire contents of your home as new.

What our customers say...

Holiday Let Insurance FAQs

  • A mainstream home insurance policy (a policy used for your primary residence or ‘first-home’) is not appropriate for holiday lets, as home insurers generally won't cover properties that are commercially let or left unoccupied for long periods.

    When a property is unoccupied, this can increase the risk of theft, damage, squatters and incidents such as water leaks that can go unnoticed and intensify, causing major damage. There's a further risk of theft, accidents or damage by guests when short-term letting.

  • Holiday let insurance in the UK isn't a legal requirement, but if you have a mortgage, then most lenders will insist you have building insurance as a minimum to protect their investment. If you own your holiday rental outright, having insurance in place can help manage the financial risks and protect what is likely to be a major investment from significant financial loss.

  • Insurers use a whole host of factors to calculate your premium – the property location, property type, security, risk of flooding or subsidence, and the level of cover you require.

    For buildings insurance, the premium is based on the rebuild value and contents insurance is based on how much it would cost to replace your belongings. There may also be an additional cost to add extra cover e.g. accidental damage.

  • The amount of buildings insurance you take out should represent how much it would cost to rebuild your holiday let (including any outbuildings) in their present form - not the property's market value. To obtain your rebuild value either refer to your purchase survey, mortgage valuation or to achieve the most accurate sum ask a chartered surveyor to provide an insurance valuation.

    Your contents insurance sum insured amount should be based on what it would cost to replace your contents (anything you could reasonably remove and take if you moved house) if you were replacing them at today's prices.

  • A holiday let is a property you own in England, Scotland and Wales that isn’t your main residence or part of your main residence. You can use it for family and friends or let it to paying guests on a short-term basis as holiday accommodation, or a combination of all three.

    We do not arrange cover for static, park homes or mobile caravans. For a quote for these types of properties, visit Ripe Insurance.

    Note: Insurance for holiday lets is for holiday homes and second homes and is not suitable for renting out your main home.

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