What Is FLEEA Insurance?

FLEEA insurance stands for Fire, Lightning, Earthquake, Explosion, and Aircraft impact. It’s the most basic form of cover often included in unoccupied home insurance policies.  You will find most insurers include Property Owners Liability (Insuristic does, up to £2m), which protects your liability should a third party be injured by, or on your property.

However, the cover excludes several common risks like:

• Escape of water (e.g., burst pipes)
• Flood damage
• Subsidence
• Theft or attempted theft
• Malicious or accidental damage

These are some of the most common causes of unoccupied home insurance claims, and FLEEA-only cover means you are self-insuring these risks, often unknowingly.

For broader protection, consider Insuristic’s Silver or Gold unoccupied home insurance options.

If you are insuring a mortgaged property, your lender will expect more comprehensive coverage to protect their investment.

FLEEA might appear cost-effective if you fully understand the risks, but it may be unsuitable if you’re:

• An executor or administrator insuring a property during probate
• An attorney or deputy managing the home for someone in long-term care

In these roles, you have a duty of care. If an uninsured loss occurs that could have been covered, you may be held personally liable.

You have to ask yourself a few questions before buying such basic cover:

• How likely is a claim at the property resulting in those uninsured areas mentioned above?
• Which excluded areas might keep you up at night worrying if the property was OK?
• Could I afford to pay a claim out of my own pocket?  
• What would an uninsured claim do to your personal finances?
• Are you legally liable to others, e.g. you are insuring the property as a professional, or a private indivual for someone else, e.g. an estate in probate or for someone in care

If you haven't already compared the costs of Insuristic's Bronze cover (equivelant to FLEEA Insurance) with its Silver and Gold cover, it takes seconds to requote and check - or two minutes if you are starting a new quote.

The cost difference is likely to be negligible and will give you better peace of mind and less restless nights.