Home contents insurance: What damage is covered?
Many insured persons do not know exactly what their household insurance covers. In which cases of damage does the household insurance cover and which damages are not insured? Here you will get an overview based on claims from daily practice.
What is covered by household insurance?
Household contents insurance protects against damage caused by fire, tap water, storm/hail as well as burglary, robbery and vandalism after a break-in and can be supplemented individually.
Unlike homeowners insurance, which covers the building and the parts of the building that are permanently attached to it (doors, windows, stairs, etc.), contents insurance covers damage to furnishings, such as furniture and appliances. Simply put, anything I can take with me when I move can be covered by household contents insurance. The insured perils are the same for insurers, but depending on the company, there are individual additional benefits and features.
In this article we have compiled typical examples of damage and their settlement and give tips on what to do in the event of a claim.
Insured are damages caused by
- Lightning strike
- Vandalism after burglary
- Tap water
These damages can be insured additionally
Insurance against overvoltage caused by lightning is worthwhile if you own particularly expensive equipment such as computers or televisions.
If you have very high-quality bicycles, you can take out additional insurance against bicycle theft. Under certain conditions, this also covers your bicycle outside the place of insurance. Advantage for the customer: The insurance cover then exists around the clock, a time limit from 10 p.m. to 6 a.m., as it used to be, is no longer applicable.
Other natural hazards, such as those caused by flooding or avalanches, can also be insured for a surcharge after an individual risk assessment.
For a small additional premium, many insurers offer attractive extensions to insurance coverage through further Comfort benefits and Comfort add-on modules (e.g., household contents while traveling, sports equipment for riding and golfing)