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Landlord Insurance

Serviced Accommodation Insurance

Make sure your short-term rental property is fully protected and always ready for the next guest with serviced accommodation insurance from Protect My Let.

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What is Serviced Accommodation Insurance?

Serviced accommodation insurance is specialist cover for a specific type of accommodation. It covers you, as the landlord, and your property from all sorts of damage, loss of rent, and theft.

Serviced accommodation (sometimes known as aparthotels) is commonly described as a very short-term let, but one which provides a wide range of fully furnished benefits and amenities to tenants/guests. These might include cooking utensils, bed linen, and more. Serviced accommodation insurance makes sure that whether the rental arrangement is for a night or a fortnight, the property is robustly protected.

What does Serviced Accommodation Insurance cover?

*Please note this is available at no extra charge if you take out a policy with MS Amlin. We have a panel of thirteen insurers, most of which offer cover for Legal Expenses.

Our Serviced Accommodation Insurance: A closer look

Long-term cover for short-term lets

For many landlords and property management companies, serviced accommodation is ideal for generating extra income from a high and regular turnover of tenants or guests. But like all other forms of landlord-related insurance, at PML, we strongly recommend that you have the right policy cover in place to protect your property.

Key features of Serviced Accommodation Insurance from Protect My Let

Loss of rent and alternative accommodation cover
Buildings and/or contents cover, including fixtures and fittings in flats
Accidental damage caused by tenants/guests
Pursuit of rent arrears
Property owner liability
Malicious damage and theft by tenants
Complete insurance cover for buildings (fire, subsidence, storm, escape of water, flood, vandalism)
Cover for different construction types (flats, conversions, houses)
Terrorism cover
Landlord legal expenses cover
Trace and access cover
Tenancy eviction cover, e.g. serving eviction notices
Portfolio cover (one renewal date for all your rentals)

Serviced Accommodation Insurance can include:

A room or whole property let out on a nightly basis
A room or properties let out on a weekly basis (holiday lets or for those working away from home)
Any short-term let under a six-month tenancy agreement

At Protect My Let, our flexible serviced accommodation insurance offering provides the same levels and varieties of cover to long-term lets, so you can rest assured your property’s protected.

Our specialist team can work with you to tailor your policy for seasonal lets – so if you let your property as serviced accommodation during the summer and negotiate longer tenancy agreements in winter, we can cover that too.

Whether it’s a summer house by the sea, a countryside cottage or a convenient and modern apartment in the city centre, we can make a fast turnover with multiple tenants seamless for you.

Simply complete the form below and a PML advisor will be in touch to discuss your serviced accommodation insurance quote with you.

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01206 655 899

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Why choose Protect My Let?

Read our Policy Documents

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Frequently asked questions

What is serviced accommodation?

Serviced accommodation is usually a very short-term let – anything from a night to a couple of weeks – but can be anything below a six-month rental agreement.

With serviced accommodation, the tenant or guest is typically provided with many benefits and amenities, such as cooking utensils, bed linen, possibly towels etc, also a cleaning service, and many other aspects a guest may require during their stay.

What insurance do I need for serviced accommodation?

Serviced accommodation needs (and deserves) specific serviced accommodation insurance. This is a policy solution that reflects the short-term nature of a letting and considers all eventualities.

Is serviced accommodation covered under standard home insurance?

No. This is a specific insurance offering for landlords that covers the common and uncommon events that happen with multiple guests/tenants that may not be typical in a standard home.

Is serviced accommodation covered under standard landlord insurance?

Some elements may be similar, but the difference being that serviced accommodation insurance is specifically tailored to properties and tenant/guest agreements that are short-term.

This means a quick response and resolution to a claim, if for example, there is damage, but as a landlord, you need to get your next guests in pretty quickly!

I let my property on a three-month tenancy agreement: is this classed as serviced accommodation?

Yes, we can insure any length of let between one night and six months on a serviced accommodation insurance basis.

Can I be covered for loss of rental income on a serviced accommodation policy?

Yes, you can. At PML, we offer loss of rental income or cost of alternative accommodation cover if your property can’t be inhabited due to an insured risk.

I own a flat in a block and let this on a short-term basis: do I still need cover?

Yes, you do. While the overall building may be covered within the freeholder’s policy – and you may even pay a building management or maintenance fee – you could still be liable for claims from the tenants who stay in your flat. It’s best to be protected.

I let my property weekly during the summer months, but stay there myself or let it longer term during the winter months: is there a policy for this?

Yes – our insurance policies for serviced accommodation also double up as holiday home cover and will cater for both situations.

What kind of legal cover is included?

We can provide legal expenses for up to £100,000 at no extra cost.*

Limit of indemnity (per claim) £100,000
Legal defence
Recovery of rent arrears
Repossession of residential property
Property disputes
Property damage, nuisance and trespass

*Please note this is available at no extra charge if you take out a policy with MS Amlin. We have a panel of thirteen insurers, most of which offer cover for legal expenses.

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Protect My Let is a trading name of Howden UK Brokers Limited, which is authorised and regulated by the Financial Conduct Authority No. 307663. Registered in England and Wales under company registration number 02831010. Registered Office: One Creechurch Place, London, EC3A 5AF. Calls may be monitored and recorded for quality assurance purposes.