First Tim hosting in Edinburgh

[Kimberley13]

Hello! I'm Looking to host for the first time in August for 4 weeks Only whilst the Edinburgh Fringe Festival is on. Can anyone advise if I need to let my insurance or mortgage people know? Any other helpful information you make to share would be much appreciated.

[Cormac0]

@Kimberley

I know in Ireland when I ask the question I was informed I had to notify my insurance company if I had greater than three, paying guests staying. 

Insurance policies are based on the legal principal "Uberrimae Fidei" or utmost good faith basically it’s a requirement to tell the truth about what or whom the insurance company are covering. For example if you had a criminal conviction and you fail to notify the insurance company, that would be suffient for them to walk away from the claim.

Insurance Companies have walked away from claims quoting this legal principal.

For warned is for armed

Regards

Cormac

The Explorer’s Club Krakow III

The Explorer’s Club Krakow VIII

[Helen3]

@Kimberley13 you will need to take out temporary short term lets insurance. Your standard home insurance would not be valid in the event of a claim because of guest damage.