Homeowners Insurance and Liability Insurance (“Real Estate”)

Liability Insurance

The main purpose of this insurance is to cover immovable assets (i.e. real estate and property) against the consequences of various unforeseeable events.

This product will cover:

  • family houses
  • recreational chalets and cottages
  • garages
  • apartments
  • other related buildings and structures (e.g. extensions, swimming pools, fences)

Both occupied (completed) buildings and structures under construction can be insured.

You can choose from two types of cover, depending on the scope:

ClassicSpecial (for permanently occupied buildings)
NAT CAT Perils
Fire, explosion, lightning strike, plane crash or collision, flood, flooding, high winds, hailstorm, landslide, fallen rocks or earth, avalanche, fallen trees, poles and other objects, earthquake, heavy snow or ice
NAT CAT Perils
Fire, explosion, lightning strike, plane crash or collision, flood, flooding, high winds, hailstorm, landslide, fallen rocks or earth, avalanche, fallen trees, poles and other objects, earthquake, heavy snow or ice, smoke, shockwave
 -Atmospheric precipitation
Burst from pipesBurst from pipes
BurglaryBurglary
Internal vandalismInternal vandalism
 -External vandalism
Vehicle impactVehicle impact
Overvoltage of atmospheric origin Overvoltage of atmospheric origin

Apart from damages to property this insurance also covers subsequent costs (e.g. overheads accrued in removing damaged items, apartment clean-up costs).

Your insurance cover can be broadened with real estate title damage liability insurance.

Advantages of this product include:

  • no claims bonus
  • possibility to use assistance services (e.g. specialised tradesmen)
  • real estate valuation by Colonnade Insurance