Tenant / Owner: what home insurance should I take out?

Tenant / Owner: what home insurance should I take out?


When a home is rented out, the liability of the tenant but also that of the owner-lessor may be engaged. It is for this reason that insurance must be taken out.
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Tenant / Owner: what home insurance should I take out?
The tenant has the obligation to take out home insurance © TG23
The rental risk guarantee taken out by the tenant

The tenant of a living room used as a main residence is legally bound to ensure his responsibility towards its owner. In fact, he is responsible for any damage he may cause to the accommodation and must therefore take out rental risk coverage. This guarantee indemnifies the owner in the event of damage resulting from fire, explosion or water damage when the tenant is responsible. The “comprehensive home” contracts offered by insurers always include rental risk coverage. The tenant's property as well as his liability for damage caused to neighbors or third parties may also be covered under optional guarantees.

The tenant is required to prove that he has satisfied his insurance obligation by submitting an insurance certificate to his owner when handing over the keys and each year at his request. Failing this, the rental contract may provide that the lack of insurance will result in its termination one month after an order remained unsuccessful.

The syndicate of co-owners must take out collective insurance covering, at a minimum, its civil liability for damage that originates in the common parts of the building.
Civil liability of the owner

The lessor owner is required to repair the damage he causes to others. He can thus be held liable when a disaster arises in his home and causes damage to his tenant, to a third party such as a neighbor or to the common areas of the building. The owner renting accommodation located in a condominium must ensure at least against the risks of civil liability to which he must respond.

Each owner, whether the home is located in a condominium or not, has an interest in taking out an insurance contract guaranteeing his liability. This is a non-occupying owner's insurance called PNO which is complementary to that which is taken out by the union for the entire building. The lessor may also take out a loss of rental guarantee. It generally covers the rent in principal and accessories provided for in the lease within the limit of a ceiling applying to the amount of each discharge and / or to the total amount of the debt.