Home insurance protects against many rental risks feared by the tenant. The guarantees also secure the owner of the accommodation. Find out what makes this contract mandatory or optional.
Guarantee of serenity for the owner as for the tenant, the home insurance covers many risks related to the occupation of a dwelling. Provided by law, the mandatory character of this coverage depends not only on the type of apartment or housebut still subscriber status.
Apart from the building, the contract in question can cover damage found inside. Among the disasters likely to occur include, for example, thefire provoked by a neighbor or the water damage caused by a pipe leak. The cases of heist are not left out. Warranties may extend to public liability of the occupant. Focus on the mandatory aspect of having home insurance for your apartment or house!
For the owner occupying his dwelling
Purchasing coverage does not constitute not an obligation for an owner who occupies his own dwelling. However, it will allow him to protect your heritage on the one hand and his civil liability towards third parties on the other. It will still be necessary to keep the insurer informed of outdoor facilities (such as swimming pools) which will require specific guarantees.
However, the ALUR law of March 24, 2014 imposes on co-owners of a building the taking out of insurance covering at least their public liability. This requirement also applies to owners who live in their apartment only for the non-occupiers.
Those who want to benefit from more extensive coverage can enter into a contract condominium insurance. They also have the possibility of supplementing their guarantees with a juridic protection. In the latter case, the insurer will bear the costs incurred in the context of any disputes before the courts.
It is recommended compare different offers to choose the best formula, according to the needs. In addition, those who use home insurance comparators make savings of a hundred euros, on average. These platforms provide free quotes.
If the owner does not have any coverage, he will finance the repair work on his property himself in the event of a natural disaster or fire. The bill will climb very quickly. The owner will also not be reimbursed for stolen objects or furniture. He will seek recourse against those responsible for the damage suffered without any financial support.
For the landlord of the rental apartment
Even if the owner rents out his accommodation, he should not rely solely on the protection taken out by his tenants. Moreover, in case of construction defect or of maintenance problemhe will have to commit his responsibility. He therefore has every interest in benefiting from protection, although coverage is not compulsory.
As soon as the lessor signs a contract ofhome insurance from non-occupant owner (PNO)the insurer will compensate policyholders in the following cases:
- Late or non-payment of rent;
- Claim causing damage to tenants and their neighbours;
- Deterioration of the installations and equipment made available to the occupants;
- Disappearance of movable property following a burglary.
In the case of a furnished rental precisely, to contract a insurance “on whose behalf it will belong” makes it possible to cover the rental risks. The insurer will therefore take care of the damage observed on the furniture, the accommodation and the dwelling of the neighbours. The condition to be met? The loss in question must be provided for in the clauses of the contract. This cover will complement the PNO protection.
About the seasonal rentalsthe owners often take care of insuring them “for whose account it will belong”. In addition to guarding against rental risksthey can subscribe to additional guarantees. Here are some examples:
- Premature departure of the occupants of the accommodation;
- Lack of income between the previous lease and the next;
- Recourse by neighbors to obtain compensation for damage caused to third parties;
- Abandonment of recourse to avoid suing the tenant responsible for the damages.
SEE ALSO: How to protect your house against theft? 10 security tips
For the tenant signing the lease contract
Before the signing of the leasethe owner requires a insurance certificate from its future tenant. The latter must renew the proof each year, more precisely on the anniversary date of the subscription of the contract. Here’s what it can cover:
- Rental risks (especially if the tenant opts for a long-term rental);
- Degradation of the building;
- Damage caused to neighbours.
As a reminder, a rental loss refers to any damage caused to the apartment and the property inside. It can result from an explosion, water damage, a domestic fire or even a natural disaster. The guarantees against these risks are included in the basic home insurance, which will only compensate the owner.
To claim a full coverageit is advisable to take out a multi-risk insurance. Thus, the subscriber’s family may, for example, be rehoused by the insurer if they can no longer live in the rented accommodation.
Insofar as several tenants live in flatsharing in the same dwelling, they live jointly and severally liable for damage in case of calamity. In this case, their respective names must be mentioned beforehand in the home insurance contract. However, at the time of subscriptionit suffices thatone of the parties to the lease the sign for the clauses to take effect.
What about the occupant of a staff housing? The possible risks associated with the rental are the responsibility of his responsibility, as beneficiary. For the owner company, the signature of an insurance remains optional.
Still, landlords can threaten eviction tenants without guarantee against rental losses. In addition to risking ending up without roofthey violate the ALUR law of 2014. Now, those who live in furnished apartments must also have home insurance, whether they occupy them alone or with other tenants.
Video to go further: all about home insurance!