Form - Let Complex / Non Standard Construction Holiday Lets | Policy Powerhouse Insurance Specialist

For simple risks our digital online quote systems may provide the solution that you need, for anything more complex please complete the form below and one of our brokers will work with you to provide the best cover and quotation based upon the information that you give us. We may need more information from you, but we will make the process as quick and painless as possible.

Policy Powerhouse Broking Team
Hello@Policypowerhouse.co.uk
0333 7727453

PASC UK AND POLICY POWERHOUSE HAVE WORKED TOGETHER TO LOWER THE COST OF INSURANCE FOR WELL RUN HOLIDAY LET BUSINESSES

PASC UK has advised Policy Powerhouse how to recognise professional self catering businesses who have invested in compliance, safety and professionalism to become a better insurance risk and therefore deserving of lower insurance premiums.

Turning compliance into commercial benefits

Across the sector, owners have spent thousands responding to the legislative changes around fire, and compliance with health & safety for their self-catering businesses.

Fire risk assessments, linked fire alarms, emergency lighting, electrical testing, gas safety, documented procedures, hot tub testing, business continuity plans, the list just goes on…..

Many insurers treat compliant professional operators in exactly the same way as poor-quality or unregulated accommodation yet professional operators actively reduce risk.

That means fewer claims, safer guests, better managed properties. PASC UK and Policy Powerhouse have been working to ensure insurers properly recognise that difference.

PASC have assisted Policy Powerhouse to develop this policy by:

Engaging directly with insurance underwriters to explain why a professionally run holiday let business is a better than normal risk
Providing sector data and operational evidence
Explaining how professional self-catering businesses actually operate
Highlighting the investment owners are making in compliance
Demonstrating the difference between compliant operators and casual entrants to the sector

This work has included ongoing discussions around:

Fire safety compliance
EV charging policies
Wood burner and Chimney checks
Risk management standards
Guest safety procedures
Evidence-led underwriting
Risk Management programs

What it means for you in real discounting terms:

Buildings & Contents cover:
- Fire Risk Assessment written by a competent Fire Risk Assessor and in place (including fire suppression system if specified) – 10% discount
- Fire Risk Assessment written by what you have determined a competent person: 5% discount

Public Liability Cover:
- Professional, dedicated health and safety plan in place updated annually: 20% discount
- Written (by property owner without professional input) health and safety plan updated annually: 5% discount
- No health and safety plan in place: 20% loading
  - Please see the template health and safety plan on the PASC Website

Employers Liability Cover:
- Professional, dedicated health and safety plan in place updated annually: 20% discount
- Written (by property owner without professional input) health and safety plan updated annually: 5% discount
- No health and safety plan in place: 20% loading

Business Interruption Cover:
- Written Business Continuity plan in place: 5% discount

Claims Experience (whole policy):
- No claims in last 5 years: 30% discount
- Loss ratio over last 5 years less than 20% (premium paid/claims cost: 20% discount)

PASC UK Membership: 10% discount on the whole policy

Title

First Name

Last Name

Telephone

Method of contact

Occupation

Date of Birth

Previous Claims

If yes, have you made any property or liability claims in the past 5 years?

Address inc. Postcode

What is the property used as?

Do you have more than 1 property to insure or a holiday complex with central services

Type of property

When was the property built

Construction material of walls and roof

Does the property have a flat roof?

Is the property listed

Buildings Sum Insured

Contents Sum Insured

What is the longest period that the property is left unoccupied /visited/inspected

How long have you owned the property

When do you need cover to start from

Notes

By submitting you agree to your number and email being stored and Policy Powerhouse Ltd using your number to call you or email address to contact you. See our Privacy Policy.

Note: PASC UK is not providing any form of insurance advice and is not recommending Policy Powerhouse Insurance Services.

PASC UK is making its members aware of the services provided by Policy Powerhouse. PASC UK has assisted Policy Powerhouse in developing an understanding of the needs of the Self Catering industry and helping them to determine how pricing should apply to businesses who operate within the guidelines that PASC UK provides to its members for a well run self catering business.

PASC UK is not in any way responsible for the services provided by Policy Powerhouse but at the point of writing this communication we have only received positive feedback from our members with regard to the services provided by Policy Powerhouse both in terms of service and pricing.

PASC UK AND POLICY POWERHOUSE HAVE WORKED TOGETHER TO LOWER THE COST OF INSURANCE FOR WELL RUN HOLIDAY LET BUSINESSES

Turning compliance into commercial benefits

What it means for you in real discounting terms:

LET'SGETSTARTED...

LET'SGETSTARTED

LET'SGET
STARTED...

LET'SGET
STARTED