There can be many things that the home insurance and we don't know what covers them. It all depends on whether our policy is basic or, on the contrary, it is a policy with complementary coverage or a very complete one. policy premium.
And what are those home insurance coverages that are not common, but may be included? The specialists in Euroteide Insurance We list them and explain them to you:
What does home insurance usually cover?
Let's start by learning about the coverages most frequently included in this type of insurance.
Basic coverage
The coverage of basic home insurance is usually the following:
- House fire: covers any damage caused by a fire or explosion.
- Home Burglary: In addition to the stolen items, it includes repairs for any damage caused.
- Civil liability: The insurer is responsible for compensation for damages suffered by third parties as a result of an accident originating in the insured's home.
Most common complementary coverages
In addition to the above risks, intermediate-level home insurance policies also usually cover:
- Water damage: those caused by breaks in pipes, tubes, taps, stopcocks, etc.
- Atmospheric damage: those caused as a result of high intensity rain or wind, snow or hail.
- Broken windows, mirrors and glass sanitary appliances: Surface damage without cracks or fragments is not included.
- Aesthetic damage: The insurance company covers the costs necessary to ensure that the repairs do not result in an alteration of the aesthetic uniformity of the repaired premises.
- Lost or stolen keys: includes the costs of opening the door and changing the lock.
Things that home insurance covers and we don't know
Among those things that home insurance covers and you may not know that it covers them, are the following:
- Damage caused by natural disasters
All home insurance policies, even the most basic ones, entitle the policyholder to receive compensation for damages in the event of natural disasters such as earthquakes, torrential floods, volcanic eruptions, etc.
We clarify that it is not the insurance company that directly covers these damages. It is the Insurance Compensation Consortium, the body to which the complaint must be submitted.
- 2. Repairs of household appliances and electronic equipment
A good part of home insurance includes the repair or replacement of appliances and electronic devices damaged due to voltage spikes, continuous voltage drops or short circuits.
In the most comprehensive home insuranceThis guarantee is extended to devices that have stopped working without apparent cause.
- Professional home care
There are also policies that offer professional assistance in the home. For example, if the insured needs to install a lamp, paint the house or assemble furniture, they can turn to their home insurance.
Normally, The service is limited to a certain number of hours per year.If these are exhausted, the insured can continue using the service, with an advantageous rate compared to the general market. Which in no case is covered by the insurance It is the cost of materials used in repairs or adjustments, which are always the responsibility of the homeowner.
- Goods stored in refrigerators and freezers
The value of the products stored in a refrigerator is never negligible. But if we have one or more freezers in our home, in the event of a breakdown or power cut, the financial losses can be very high. To this end, many home insurance policies cover these losses up to a predetermined amount, which is usually low.
Therefore, if you have high-value frozen goods stored in your home, make sure that the limit of compensation is high enough. If not, contact your company to find out if it is possible to increase it.
- Cybersecurity
In the digital age, cybersecurity is a priority. That's why home insurance policies exist premium including protection against cyber attacks and fraud online.
For example, benefits may include anything from recovering data deleted during a cyber attack to compensation for funds sent to pay for an item that was not received.
- Temporary Accommodation Expenses
In the unfortunate event that a home suffers damage that temporarily prevents it from being inhabited, the most comprehensive home insurance policies cover temporary accommodation costs. This coverage may include: compensation limitations of a temporary and monetary nature.
- Legal and legal assistance
Many home insurance policies offer this benefit in their general conditions. The possible variants are:
- Legal consultancy service
- Consulting services plus legal representation expenses, up to the limit set in the insurance contract.
We add that legal representation expenses are only covered if the matters are related to incidents that occur in the insured's home or in adjacent homes.
- Domestic animals
That's right: there are also insurance contracts that can include liability insurance for pets that live in our home.
So if you have a dog and your home insurance has that coverage, make sure that the limit of the amount of compensation is not less than that required by the new animal welfare legislation.
9. Compensation for personal accidents
Some home insurance policies include in their specific conditions coverage for compensation for personal accidents, even if these occur outside the walls of our home.
Obviously, traffic accidents and accidents with a car are not included. But if we slip or fall, inside or outside our home, we can claim the corresponding compensation from the company.
Don't know exactly what your current home insurance covers?
Now you are aware of what things are covered by home insurance and we do not know what it covers. However, in Euroteide Insurance We are aware that policy terminology is not easily interpretable.
So if you want us to explain exactly what your current home insurance covers, all you have to do is contact us and send us your policy.
