House insurance – Everything you need to know

House insurance is one of the most important tools for protecting your property. However, many homeowners and tenants are not fully aware of what their policy actually covers—and what it does not. Proper information can save you from unpleasant surprises in the event of damage. In this article, you will learn:

• what the basic coverages are
• which exclusions you should pay attention to
• how to avoid underinsurance

What a House Insurance Policy Covers

House insurance protects both the building (walls, floors, frames) and the contents (furniture, electrical appliances, personal belongings). It may apply to:

• a privately owned home
• a rented residence
• a holiday home

Each plan can be adjusted according to your needs and the type of property.

Basic House Insurance Coverages

1. Fire & Explosion

The most important and essential coverage, protecting against:

• fire
• lightning
• explosion

2. Natural Phenomena

Protection against damage caused by:

• flooding
• hail
• storm
• snow
• windstorm

With the increase in extreme weather events, this coverage is now considered fundamental.

3. Earthquake

Earthquake coverage is optional but particularly important in our country. Without it, earthquake-related damages are not compensated.

4. Theft & Burglary

Covers loss of items or damages caused by break-ins, mainly relating to the contents of the home.

5. Home Liability Insurance

Covers damages you may cause to third parties—for example, a water leak affecting a neighbor’s apartment.

What House Insurance Usually Does NOT Cover

• Damage caused by poor maintenance
• Pre-existing damage before insurance activation
• Damp and mold without a sudden incident
• Damage caused intentionally or through negligence
• High-value items not declared (jewelry, artwork, etc.)

This is why it is important to read the policy exclusions carefully.

Underinsurance: What You Need to Know

Underinsurance means that the insured value of your home is lower than its actual value. Example: If your home is worth €200,000 but insured for €120,000, compensation in the event of major damage will be proportionally reduced. Solutions:

• Correct assessment of the building and its contents
• Regular review of your insurance policy
• Updates after renovations or the purchase of valuable equipment

House Insurance for Tenants

Even if you are not the owner, you can insure:

• the contents of the home
• liability coverage
• personal belongings

With a low cost, you protect your property and reduce your financial exposure.

Why Choose an Insurance Agency

An insurance agency:

• Analyzes your actual needs
• Compares programs from different companies
• Explains clearly what is covered
• Supports you in case of a claim

Home insurance is not just a contract—it is a relationship of trust.

Conclusion

House insurance is a small investment with great value. With the right coverage, you avoid unpleasant surprises and truly protect your home and your family. Contact us for a free review of your current policy and a personalized home insurance proposal by clicking here.