It’s not just the ultra-wealthy who may need high net worth (HNW) insurance for their homes and contents, but anyone who owns a non-standard property or who has contents valued at £75,000 or over.
UK homeowners who are Airbnb hosts (i.e. they let out a room, or their whole home, to paying guests) are being warned to check they have adequate insurance.
UK landlords are being urged to check that they have not become an ‘accidental’ HMO landlord. With even professionals such as letting agents, lawyers and landlords themselves often unaware of the fact
An insurance industry expert has slammed a national newspaper article for being “irresponsible”.