Not only the home, but also the property deserves to be protected against potential risks with the right home or apartment insurance. This applies to the building itself, not to the furnishings of the apartment or house.
What is property insurance for?
Property insurance together with home insurance forms property insurance. It protects the building, especially its walls, roof, doors, windows, ceilings, gutters and ancillary structures (swimming pool, shed, fence, greenhouse, pavement, etc.) against the consequences of risks such as fire, hail, lightning, explosion, smoke, windstorm, snow, landslide, etc.
What does property insurance cover?
Home or apartment insurance covers a wide range of risks, in addition to the above-mentioned natural risks, you will certainly appreciate it in case someone sprays your facade or breaks a window. Along with it, you can also take out public liability insurance, which protects you from the consequences of damage you unintentionally cause to someone else.
Property damage, bodily injury and financial damage caused by possession, rental, ownership or management of the property (e.g. if a bag falls from the roof onto a parked car and damages it) are insured.
Did you know that an important parameter of property insurance is the sum insured? This should be the price at which you will build or sell a comparable property. But beware, the price of the land is not included in the sum insured for property insurance purposes.