We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
buildings insurance that covers house swap
believingIsseeing
Posts: 4 Newbie
My tenant has joined a well established house swap organisation. The insurance company that provides my buildings insurance says I will not be covered because they view it as a different 'let' even although no money changes hands and it would be for just a few days to a maximum of 3 weeks. The house swap company says this is a common problem in the UK but not in the US. Seems very bureaucratic. Has anyone found a way to overcome this?
0
Comments
-
Have the house swap company not found a solution?0
-
No, swap organisation say this is a problem in the UK but not in the US. Have found Home Protect who do not seem to be phased by the scenario and have AXA and RSA as underwriters so hopeful about getting the insurance. Whole thing seems a nonsense. Surely house swap through a bona fide house swap organisation better than the property being left empty?0
-
Maybe, when you are doing the house swap. A tenant doing it is different because the insured has no control over who is occupying their house. Presumably you have landlords insurance which says you must have a written tenancy in place (or similar words)? You won't have a contract at all with the occupant.believingIsseeing wrote: »Surely house swap through a bona fide house swap organisation better than the property being left empty?0 -
Yesss, but then if a friend of the tenant came to house sit or friends came and trashed the place I would not have vetted them. I'm not saying house swaps never go wrong. At least if you can read the reviews on the house swap site and you are staying in each other's homes and find each other through a reputable house swap site that must reduce the risk considerably. If someone is in the house they can spot leaks or bursts etc. I have had one outrageous quote of double what I am currently paying. Hope another site tomorrow will do better.0
-
After 2 days have found a reasonably priced policy by insurers who are familiar with house swap needs.
Insurance Tailors Ltd. London0 -
believingIsseeing wrote: »After 2 days have found a reasonably priced policy by insurers who are familiar with house swap needs.
They are an insurance broker. Who is the insurer, out of interest?0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.4K Banking & Borrowing
- 253.7K Reduce Debt & Boost Income
- 454.4K Spending & Discounts
- 245.4K Work, Benefits & Business
- 601.2K Mortgages, Homes & Bills
- 177.6K Life & Family
- 259.3K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards