Ensure Adequate Coverage For Rented Property

Those who damaged his apartment by mistake, is usually protected on his private insurance.Frequently, however, the sum insured for this is too low. Damage to rented apartments or houses, which the insured person for their own Residential purposes are used by default in the private insurance insured. In most cases this is true for Rented property protection with a smaller Coverage than for other insured risks, sometimes less 100,000 €.

Usually reimbursed only damage to the building or firmly attached to the dwelling objects such as cupboards, sinks and hardwood floor that has not the policy holder or a co-insured person caused intentionally.Wear and tear is not covered.

Damage to the leased inventory is often excluded. Also, damage caused by wear and tear or excessive Stress and glass damage will not be replaced. Some insurers provide additional protection at an additional cost, for example, for the loss of keys of a central locking system. The coverage for Rented property should be so high that even a total loss by fire can be paid. Rule of thumb: 2,500 € per square meter sufficient in most cases.

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