Having home insurance is essential to protect your home and belongings from various risks. However, not all insurance is created equal, and it is crucial to choose coverage that fully meets your needs. Here is a guide to the essential guarantees for comprehensive home insurance to ensure that you are well protected against the hazards of everyday life.
1. Civil liability insurance
Civil liability insurance is essential in home insurance. It covers bodily injury, material damage and non-material damage caused to third parties by yourself, members of your household, or even your pets. For example, if a visitor gets injured at your home or if you unintentionally damage a neighbor's property, this guarantee covers repairs and compensation.
2. Guarantee of damage to property
Property damage insurance protects your home and its contents against common risks, such as:
- Fire : Coverage for damage caused by fire, smoke or explosions.
- Water damage : Covers damage resulting from leaks, infiltration or burst pipes.
- Theft and vandalism : Compensation in the event of burglary or wilful damage.
- Glass breakage : Covers damage to windows, glass, and other glass surfaces in your home.
3. Natural disaster guarantee
Natural disaster insurance is essential to protect against extreme weather events, such as floods, storms, earthquakes, or avalanches. To be compensated, official recognition of the state of natural disaster by ministerial decree is necessary.
4. The guarantee against attacks and acts of terrorism
The terrorist attacks and acts of terrorism guarantee covers damage caused to your home and property in the event of an attack or act of terrorism. This guarantee is often included in multi-risk home insurance contracts.
5. Electrical damage warranty
Electrical damage coverage covers damage to your electrical and electronic devices caused by power surges, short circuits, or lightning strikes. This includes equipment such as televisions, computers, refrigerators, and other household appliances.
6. The rehousing guarantee
In the event of a disaster that renders your home uninhabitable, the rehousing guarantee covers the costs of temporary rehousing. This guarantee covers the costs of a hotel or rental of temporary accommodation during the repair work.
7. Assistance guarantee
The assistance guarantee offers valuable assistance in the event of an emergency. It can include services such as sending a locksmith in the event of lost keys, organizing emergency work to secure your home after a disaster, or assistance in the event of domestic problems (household appliance breakdowns, etc.).
8. The defense-recourse guarantee
The defense-recourse guarantee covers legal costs and attorney fees in the event of a dispute with a third party related to your home. For example, if a neighbor takes legal action against you for damage caused by a water leak coming from your home, this guarantee will cover your defense costs.
9. The garden and outbuildings guarantee
If your property includes a garden, garage, or outbuildings, garden and outbuildings insurance is essential. It covers damage to these spaces and the equipment they contain, such as gardening tools, garden furniture, or vehicles parked in the garage.
10. Loss of use guarantee
The loss of use guarantee compensates the loss of rent for landlords in the event of a disaster rendering the accommodation uninhabitable. It also covers additional housing costs for owner-occupiers, such as travel or temporary rehousing costs.
Conclusion
Having comprehensive home insurance is essential to protect your home and belongings from the unexpected. By including essential coverages such as liability, property damage, natural disasters, and electrical damage, you can have peace of mind knowing that you are well protected.
At KT Assur&Bank, we help you choose home insurance that suits your needs. Do not hesitate to contact us for personalized advice and a tailor-made quote.