Insurance Policy Issues

[Paul75]

I need to find an insurance policy which will cover AirBNB but on a BTL mortgage do people have any recommendations? 

The following don't:

LV

Aviva 

First Direct 

Home Protect said they would but they would put it under a holiday home which isn't actually correct. 

[Quincy]

Hi @Paul75, I hope you're doing well! I am tagging @Helen3 and @Mike-And-Jane0 here as they are very experienced members of our community who are also based in the UK. Hopefully, they're able to share some insights with you here. 

(@Helen3 @Mike-And-Jane0, I hope you don't mind me tagging you here)

[Helen3]

You shouldn't really be having a buy to let mortgage for a holiday let @Paul75 

if you use one of the insurance comparison let websites it will show you which insurance companies you can use for short term let's .

[Paul75]

@Helen3 I agree I did have a tenant under an AST but due to change in circumstances have to convert to AirBNB I found an overpriced policy now.  It will do until I sell the house.

[Helen3]

As an experienced host yourself I'm sure you appreciate STR insurance is more expensive than standard insurance as the risk factors are much higher so not necessarily overpriced .

dont forget there is a legal requirement for you to have a fire assessment and meet the requirements of the updated fire regulations introduced in autumn 2023 @Paul75