Multi-risk home insurance is a contract that allows you to benefit from compensation in the event of a loss in housing. Today, it is part of the essential insurance of daily life, because it protects real estate, but also furniture in the event of fire, water damage, theft, frozen pipes, natural disasters. , glass breakage, vandalism or even storms.
What does comprehensive home insurance cover?
It all depends on the contracts and options you choose. In general, a comprehensive home insurance covers several things:
- Real estate (house or apartment)
- Its walls and its fence
- Common areas (depending on the share of each co-owner)
- Garages and cellars
- Real estate developments, extensions and declared verandas
- The outbuildings if they were built permanently
- The furniture
- The public liability of the insured
It is also possible to add optional additional guarantees such as defense and recourse coverage, personal injury, material and immaterial damage insurance for private life. It is also possible to modify the value of the goods to be protected.
On the other hand, the insurance does not cover buildings under construction, because this falls within the scope of damage-to-work insurance, external pipes, outdoor leisure and lighting installations, garden sheds or even plants.
How to take out or cancel your home insurance?
For that, it’s very simple. You just have to go to the agency of an insurance company, call a general insurance agent, a broker, a bank or go to online comparators such as the one at lecomparateurassurance.com. In any case, it is important to take a close look at the quotes that will be provided to you and compare them for choose the most suitable contract to your needs. To do this, at first, focus more on guarantees than on price, because the cheapest insurance is not always the best.
To terminate your insurance contract, it is much easier since the last legislative reform of 2015. Indeed at the end of one year from the date of subscription, it is possible to cancel insurance multi-risk home at any time. For this, it is essential to send a letter of termination by registered mail with acknowledgment of receipt. Before this deadline, it is always possible to terminate your contract by invoking a reason for a change in personal situation (moving, marriage, divorce, change of profession, etc.). On the Internet, there are many models of termination letters to simplify your procedures.
Is home insurance compulsory?
Yes and no. Multi-risk home insurance is compulsory for all tenants. Each year, you must provide a new certificate to your landlord. Otherwise, your rental lease may be terminated. This obligation is also incumbent on tenants of furnished houses or apartments, as well as on co-owners. On the other hand, for the owners, it is not obligatory. But in view of the risks of property damage in the event of a claim, it is strongly recommended.
What is the price of comprehensive home insurance?
The answer depends on a number of parameters. Generally, we take into account the type of property (house, apartment), the status of the insured (owner or tenant), the value of the accommodation and the insured property, the place of residence, the level of deductibles, and options. chosen in addition. There will also be some additional taxes. On the internet, there is a lot of information on this subject.