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Home insurance: what are your obligations?

We have so much insurance everywhere that we wonder if this is really necessary. Home insurance is one of the mandatory insurances. So if you have just bought a property or you want to rent it out, it is important at this very moment to ask yourself the right questions in order to effectively protect your assets.

What home insurance for my house or apartment?

If you are an owner or tenant, or if you have a house or apartment, your home insurance obligations are different depending on your status or the nature of the property.

Home insurance on the owner’s side of the property.

If you live in your home, it is not mandatory to take out comprehensive home insurance, but in the event of a fire, no compensation will be paid if your liability is recognized. Therefore, to have peace of mind, it is essential to take out home insurance.

Home insurance for a homeowner – landlord.

You can insure against civil liability by opting for the “tenant’s recourse” and “neighbour’s and third party’s recourse” guarantees: it will thus be covered against damages related to a construction defect or a lack of maintenance.

If you own an apartment: contact your syndic of co-ownership to check the extent of the risks covered by the insurance contract taken out for the building. And ask your insurance company so you don’t have a duplicate coverage.

Home insurance for the tenant.

Concerning your tenant, you are entitled to require a certificate of home insurance when you hand over the keys. In the absence of insurance, the lease may be terminated if the lease includes such a clause.

The legal obligation for the tenant does not apply to furnished rental, seasonal rental and company accommodation.

I invite you to insure yourself well in this context because the deposit can be ridiculous compared to the damage. Solutions exist: check with your insurer.

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