The Logistics Of French Holiday Home Insurance

Many people have a dream of owning a home abroad. If you can afford a holiday home, then there is every reason for you to enjoy the fruits of your labor. Who wouldn't want to vacation in an absolutely gorgeous country? Owning a vacation home gives you the ability to vacation whenever one wishes is a luxury that anyone who has the ability to afford will want to take advantage of.

Now, one of the most beautiful countries in the world is France and many non-French vacationers will look to purchase property in this historic and charming country. And buying a home in France means you have to buy French holiday home insurance. There are, however, certain logistical concerns that must be taken into consideration when looking to purchase a vacation home in France and they center on the issue of French holiday home insurance. Those who are not familiar with the laws in France may be unaware of certain laws regarding insuring the property. As such, a brief overview of some of these laws must be examined.

Some Basics, Basically

There is a very valid reason why one needs to take out a French holiday home insurance policy - you have to take out vacation home insurance by law! You can not own a vacation home in France without complying with certain mandatory homeowner insurance regulations. For example, it is the law that one must have third part liability insurance that covers one's vacation home in France. That is to say, there needs to be a French holiday home insurance policy that covers any injuries that may occur to a visitor to the home. Now, such a law seems overly regulatory to many people, but there is no way around it and purchasing such a policy is mandatory.

Also, since a vacation home is one that is not occupied all year round it is deemed a greater risk. As such, the French holiday home insurance premiums may be higher or lower depending on how much time you actually spend in the home. Additionally, homes that are vacant for extended periods of time will be considered to be of even higher risk. While these premiums will probably not be cost prohibitive, there needs to be an understanding that they exist before entering into a purchasing agreement. After all, you do want to know what will be required of you before you close the deal. No one likes nasty surprises!