What to look out for when buying contents insurance for a rental property?
Although contents insurance is not mandatory for a rental property, it is recommended. With contents insurance, you ensure that your (valuable) belongings are well insured in case of damage by fire or theft , for example .
Whereas with a house you will also have to deal with buildings insurance, this is not the case with a rented house. This is taken care of by the landlord. Therefore, you only need to purchase contents insurance for your rental property.
Contents insurance coverage for rental property
With contents insurance, you are insured for damage to your contents. Contents insurance covers all movable property in your rental home. Movable property is stuff in the house that can be moved around. For example, your couch, bed and television are part of your household contents. A kitchen is not part of contents, because it cannot be moved without damaging the home. For this, you must take out building insurance, but because it is a rental property, the landlord takes care of this. For example, floating parquet is part of the contents, but glued parquet is not. Basically, you can follow the following rules:
- All items in the home that are not nail-bound and therefore moveable without damage are covered by contents insurance
- All items in the house that are nail-bound and therefore NOT moveable without damage are covered by the home insurance policy
Tenant Interest
If you rent a home, you will have to deal with tenant interest. Tenant's interest includes all improvements you make to the rental property yourself, but leave behind in the property when you move. A new bathroom or renovated kitchen is difficult to take with you. However, you have paid for these improvements yourself and so they are officially your property. When you buy a house, items attached to the house are covered by your home insurance. With a rental property, however, you do not have your own buildings insurance. By means of the tenant's interest, you can therefore include these items in your contents insurance. The tenant's interest also includes improvements to the home that a previous tenant may have made and which you have taken over against payment. There is often a maximum amount with the tenant's interest.
Taking out household contents insurance? Calculate your premium!
Get contents insurance for your rental property through Alpina
Whether you live in an owner-occupied or rented home; you naturally want your household contents to be properly insured. Therefore, take out contents insurance right now. This can be done very easily on Alpina.nl. With our online comparison tool, you can easily and quickly compare contents insurance on price and quality. By comparing insurances, you will find out which household contents insurance best suits you and your rental property.
After entering a few details, a number of household insurance policies will appear, tailored to your needs, with the corresponding premiums and policy conditions. Once you have found a household insurance policy, you can purchase it directly online. Are you having problems or do you have any questions? You can reach us from Monday to Friday between 08:00 and 18:00 on telephone number 088-6883700. We are happy to help!
Check out our frequently asked questions on home contents insurance.
Also read:
Never underinsured
Put together your own package
A wide range
We compare all insurers for you, saves time again
Help from our experts
Can't figure it out? Our experts are always ready to help you
We can be reached via chat, WhatsApp, phone or email
Questions? Contact us if you want to know more.
We are here Monday to Friday from 08:00 to 18:00.