1. What qualifies as a Holiday Home?

2. Is a licenced property manager required for insurance purposes?

3. What excesses can you expect to pay?

4. What is Deliberate Damage?

1. What qualifies as a Holiday Home?

Any of the following:

* A second home which is occupied periodically for recreational purposes.

* A second home which is let to others on short-term rental arrangements.

* A unit in a resort which is owned by you but which is let out to others by the resort management.

2. Is a licenced property manager required for insurance purposes?

No. We recognise that a lot of holiday homes and units are managed perfectly adequately by the owners.

3. What excesses can you expect to pay?

Not a lot. There is a standard excess on Defined Events and Deliberate Damage of $100 each claim ($200 for earthquake). Unless the policy is specifically endorsed otherwise, these are the standard excesses you will pay.

4. What is Deliberate Damage?

DELIBERATE DAMAGE IS WIDER THAN MALICIOUS DAMAGE. The test we apply is that if the intentional actions (not omissions) of a tenant would, if viewed by a reasonable person, be considered to lead to damage, then the damage is deliberate.