Loss of Income Insurance UK

Loss of Income Insurance UK

Hello,

 

I was just wondering whether any one else has tried to source a 'Loss of Income' / 'Rent Guarantee' type insurance product that covers events whereby listed Airbnb properties do not obtain any bookings during certain periods of the year? 

 

I understand that there are other Loss of Income / Rent Guarantee insurance products, but they tend to cover events where the Airbnb property is unliveable due to damage or other circumstances such as rent default by tenants; but what I am looking for is specifically to mitigate against any potential downtick in business. 

 

I have a portfolio of 15 properties and during the quiet periods without any bookings I am exposed to loss of income. I'm not sure whether there are mainstream insurance products that would protect me from such a scenario or whether I would need to look into the specialist insurance sector...

 

Any information, help and guidance would be greatly appreciated!

 

Thank you 😃

1 Reply 1
Helen3
Top Contributor
Bristol, United Kingdom

There is no insurance you can take out that would cover you because you don't get the amount of bookings you would like @Jasthi0