Over the years, you invest in new furniture and equipment for your home. If a major disaster were to strike, the value of these investments could fall to zero. Therefore, in addition to taking out home insurance, it’s essential to inform your insurer if the value of your personal property approaches or exceeds the compensation limit. The same is true if you’ve completed renovations or major additions that increase the value of your home.
Depending on the situation, this type of insurance can be taken out by the owner-occupant or by the tenant.
You can also personalize your insurance, with options such as theft coverage for example, especially if you own high-value objects.
Tenants and homeowners turn to ESSOR Insurance’s brokers for advice and expertise on being protected against the risks they face.