Which home insurance to choose?

Which home insurance to choose?


Home insurance is a contract that covers you in the event that damage occurs to the home - whether or not you occupy it - that you own or rent. To get the best possible coverage, it's essential to choose a home insurance policy that suits your profile. Also, be sure to purchase it from a recognized company that offers the best services.
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Which home insurance to choose?
For maximum efficiency, your home insurance should be tailored to your needs and your situation. © sturti
Summary

    What are the essential guarantees of home insurance?
    Think about optional guarantees!
    Excess, guarantees, waiting period: the points to check!
    Insurance premium vs coverage: don't fall into the trap
    How is a home insurance premium calculated?
    Check the services offered by the insurance company

What are the essential guarantees of home insurance?

In general, home insurance covers a certain number of claims through guarantees that are considered to be unavoidable, regardless of the home and even the profile of the person who takes them out:

    Civil liability which covers you in the event of damage caused to someone.
    Water damage which is one of the most frequent disasters.
    Fires.
    Theft and burglary.
    The broken glass.
    Weathering.
    Climatic and technological events.

When your insurance contract covers you for these guarantees and you find yourself confronted with one of these events (fire, theft, etc.), you are then indemnified at the end of an analysis of your file. However, you may owe a deductible depending on the contract you have taken out.
Think about optional guarantees!

Note that you can also take out other guarantees - optional - depending on your profile. For example, depending on the configuration of your home or the equipment it has, you may need to take out additional guarantees that are suited to your needs:

    A pool guarantee.
    A garden guarantee.
    An animal guarantee.
    A household appliance guarantee.
    A valuables guarantee.
    A hail guarantee.
    A new equipment warranty.
    An emergency repair guarantee at home.
    Legal protection.
    A resort guarantee.

Adaptation is the key! Consider upgrading your home insurance policy as your life changes too: a birth, the acquisition of valuable goods, the installation of a swimming pool, etc.
Excess, guarantees, waiting period: the points to check!

To choose the right home insurance contract, you must carefully examine several elements such as:

    The deductible which constitutes the amount remaining payable by you following the occurrence of a claim. Its amount varies according to the options chosen in your contract.
    The guarantees included in the contract but also those which are not.
    The exclusions of guarantees which list the specific cases in which you will not obtain compensation.
    The compensation ceilings.
    Elimination periods, that is, the period between the purchase of the home insurance contract and the entry into force of the insurance.
    Compensation offered following a claim. Is this compensation based on the new value of the property or, on the contrary, does it take into account its depreciation?

Insurance premium vs coverage: don't fall into the trap

Obviously, the insurance premium is an element of the contract that captures the attention of the policyholder. It is, in effect, the cost of insurance, that is, the amount of money you pay for protection. You must therefore take into account the cost of insurance because it must be correlated with your budget. However, and important as it is, do not focus on this cost alone. And for good reason, an inexpensive insurance contract will, more often than not, offer less protection. Clearly, in the event of a claim, the remainder after compensation may turn out to be high. It is therefore essential to check with your insurer to verify that the terms of the contract correspond perfectly to your situation and that the price / protection ratio is optimal.
How is a home insurance premium calculated?

To calculate the amount of your home insurance premium, several things come into play. Here they are :