Holiday home insurance Latvia

Latvian holiday home insurance

Insured Abroad in association with Intasure offer a comprehensive specialist insurance service for holiday homes in Latvia.

Underwritten by one of the world's leading insurers, Lloyd's of London, the policy meets the specialist requirements of overseas holiday homes in Latvia and includes essential features such as cover when the property is occupied or unoccupied, or let short term as a holiday let, plus public liability cover up to £5m.

At Insured Abroad you can fill in a simple form to get an online quote for your holiday home insurance in Latvia, simply click here to start the process.

Alternatively if you would rather get a quote over the phone simply click here and one of our representatives will call you back.

Holiday Home Insurance Latvia
Policy Benefits

  • Holiday home insurance cover underwritten by Lloyd's of London
  • Fully comprehensive buildings and contents insurance
  • Your Latvian property is covered whether occupied or unoccupied
  • Your Latvian holiday home is covered if let short term or long term
  • Competitive online insurance rates
  • No claims discount
  • Excess from only £50
  • All holiday home policy documents are in English and if you have an enquiry or claim you talk directly to a UK based, English speaking support team
  • We cover emergency travel, accommodation and temporary accommodation following a major insurance claim
  • Policy covers swimming pool as well as buildings
  • Policy covers public liability of £5m in regards to buildings and contents
  • Policy covers loss of rent following an insurance claim
  • Wider cover than most standard buildings and contents policies
  • Protects your valuable contents - new for old

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Key facts

  • Full name: Republic of Latvia
  • Capital: Riga
  • Population: 2.3 million (via UN, 2005)
  • Area: 64,589 sq km (24,938 sq miles)
  • Major Languages: Lativan, Russian
  • Major religion: Christianity
  • Life expectancy: 66 years (men), 77 years (woman) (UN)
  • Monetary unit: Lats
  • Main Exports: Timber and wood products, fish and fish products
  • GNI per capita: US $6,760 (World Bank, 2006)
  • Internet domain: .lv
  • International dialling code: +371
  • Daily Newspapers: Diena (Daily), Neatkariga Rita Avize (NRA) (daily broadsheet in Latvian)

Migration

Latvia has a population of 2.29 million, a -0.69 population growth rate and a migration of -2.24 migrants per 1,000 inhabitants. Migration of qualified workers is expected to continue until Latvia can bring wages, social benefits and working conditions up to EU standards. Although GDP continues grow (10% last year) the diminishing labour force is putting pressure on business and government to address the controversial issue of accepting foreign workers to fill the labour gaps.

Although Latvia has only 35, 865 'foreigners' (neither citizens nor permanent residents) living in the country, over 1 million of its inhabitants, or 43%, are non-Latvians, many from the former Soviet republics. The large number of non-Latvian residents that resulted from the Soviet occupation remains a sensitive political issue which prevents politicians from addressing the labour shortage through the recruitment of foreign workers.

General information

Situated in north-eastern Europe with a coastline along the Baltic Sea, Latvia is geographically the middle of the three former Soviet Baltic Republics.

Not much more than a decade after the collapse of the USSR, following its declaration of independence Latvia joined NATO. Just weeks later it was welcomed as a member of the EU in May 2004.

During the Soviet period, which ended in 1991, Latvia underwent heavy industrialisation, and experienced a big influx of immigrants from other parts of the USSR.

Like its Baltic neighbours, in the 10 years since independence Latvia has made a rapid transformation to embrace the free market