Can I insure for fire damage to my home?

Is home fire insurance required?

From the law, it is not mandatory to purchase fire damage insurance for your home. However, it is very wise to do so because the damage can be enormous. Without insurance, you will have to pay the full cost yourself.
Mortgage lenders always require fire insurance. They lend you a large sum of money for the purchase of the home and in return demand that you properly insure the home.

For what value is my house insured under fire insurance?

When your home burns down completely, it is important that the insurance pays enough to rebuild the home in the same condition. The amount needed to do this is called the rebuilding value of the home.

The reinstatement value can be determined by having the reinstatement value meter filled out or having an appraisal report with reinstatement value made. To maintain a guarantee against underinsurance, you are often asked to complete a reinstatement value meter every 5 years.

What is the cost of fire damage insurance?

As indicated, fire damage insurance is a part of buildings insurance. The premium of the building insurance depends on the coverage chosen, where exactly your home is located, the size of your home, etc. On our website you can make a free calculation for the building insurance. You can also, if you wish, take out the insurance directly.

What should I do if I move?

Such changes must always be communicated to the insurer. After all, in terms of risk, it matters a lot to the insurer not only where exactly you live, but also what kind of house you live in.