Home Insurance Easy: Definition of a comprehensive residential contract
This term hides insurance that covers both the place of residence, personal property and responsibility of each member of the household for damages caused to third parties. In all cases, these are the terms of the contract details that determine which goods are covered and under what conditions.
Civil liability – already covered in motor liability – protects the beneficiary of the insurance and the family members living with him against any harm to others.
The principle is that the victim be compensated so that it reflected the situation that it did before the injury. The amounts are calculated based on the damage caused.
Above all, the comprehensive residential insurance covers damage to property of the insured.
These can be buildings, personal property and furniture, arrangements or embellishments and use property professionals. Arrangements and embellishments are used, in accordance with the definitions made by different contracts, in the category of buildings, a pergola for example, or in those of personal property, in the case of Christmas decorations.
Note that under the term “buildings”, insurers include both the residence, ie the “premises used for residential, parking garages (even located at a different address if in the same town or a neighboring municipality), cellars and outbuildings, attics, cellars, garden sheds, sheds … etc..
Regarding the “household effects”, the guarantees extend of household of the insured property at all “members of his family, his servants or workmen or any other person residing or temporarily on site insured “says the French Federation of Insurance Companies.
Furniture staff includes furniture, objects and pets.
Finally, “property for business use” includes everything that serves to the insured for the exercise of his profession, be it furniture, instruments, tools or machinery.
Attention, however, limitations and contractual obligations may arise, particularly for household effects (valuables, furniture in dependencies …) and goods for professional practice, to define the maximum amounts of compensation.
