4 Recommended Clauses to Include in Home Insurance for Tourist Accommodation

One of the main concerns for owners of tourist apartments is theft, but the tenant also takes risks when renting a property. To avoid uncomfortable situations, today we talk about how to insure not only the owners' furniture but also the temporary tenants' belongings with special clauses that are truly recommended for being specific.

Speaking with the specialists at SegurCorazon, we have found 4 additional clauses that we recommend including when contracting home insurance for tourist accommodation:

Vandalism by Tenants (Building and Contents)

This coverage typically includes damages caused by tenants or people residing in the insured property. An act of vandalism is considered to occur when the building or contents of the home suffer damage as a result of malicious acts carried out with the intention of causing harm and without profit motive.

Extended Owner's Civil Liability Towards Tenants

The breach of any of the tenant's obligations, according to Article 27 of the Urban Leases Law (LAU), allows the owner to exercise their right to demand compliance or to terminate the contract (that is, to end it), with compensation for damages caused in accordance with Article 1124 of the Civil Code. Home insurance with civil liability guarantees peace of mind for both the owner and the tenant, since in the event of possible damage, the company will handle the indemnities and the legal costs derived from the defence of the insured parties.

Theft of Tenant's Belongings

Insuring the contents of a home means covering the goods found inside a property that belong to the insured and to third parties who usually live there.

Booking Reimbursement

It ensures the refund of amounts for cancellation of guest bookings. They say it's always better to prevent than to cure, and for that very reason, people prefer that their holiday rental insurance covers all situations in which one, as an owner or tenant, could lose money, have to make repairs to the house, or simply, the obligation to pay for damage.

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