Is it necessary to purchase home insurance?

The insurance can cover three modalities: content, container and civil liability. Depending on the agreement reached by the owner and tenant, it will be possible to contract one or another type of policy. It depends on the one you want to insure, the tenant or the owner will have to bear the cost.

If what you want to insure is the structure and construction, the cost would have to be borne by the owner. On the other hand, if you want the policy to include furniture, appliances, jewellery and other objects, the cost would have to be borne by the tenant. Civil liability insurance covers possible damages caused by third parties due to the fault or negligence of the insured and has to be shared by both parties.

Even so, we want to give you some tips and recommendations to take into account before hiring insurance:

• Make an inventory of the objects you own to obtain a preliminary guide value.
• Check exactly what the policy covers.
• To avoid surprises, ask the insurance company to clearly inform you about the risks that are excluded.
• If you have an alarm, armoured door, bars or any other security element you can surely obtain benefits when hiring a policy.
• If you have to report a claim, do so as soon as possible. If too much time passes, the insurer may refuse to cover the damages.

In short, from Agenthia we advise you to take out home insurance, although it is not mandatory, since we do see it advisable to enjoy financial peace of mind in case of an unforeseen event.