Property Insurance in France
- Home and Household property insurance in France
a contrat assurance multirisques habitation or assurance multirisques
vie privée or la multirisque.
insurance should cover the cost of repairs or rebuilding including
permanent fixtures and fittings within the property, such
as fitted kitchens and bathrooms due to damage caused by :
natural disasters, floods, fire, storms, burst pipes, explosions,
lightning and theft. It should also give you civil liability
insurance (responsabilitée civile propriétaire).
calculating the value of your home, you need to take into
account the cost of rebuilding it and the sum insured should
be sufficient to rebuild all buildings as well as all outdoor
structures such as swimming pools, terracing or perimeter
walls. The rebuild value should take into account also the
as removal of debris, architectural and other professional
services. This value (like in the UK) is often quite different
to the market price of the property and the price of the land
should be excluded. Insurers do not have to be based in France
and as such an Insurance company broker based in the UK with
a policy written in English can be beneficial. Click
Here for further information.
notice to cancel a French insurance policy
you use a French insurance company under the Codes des Assurances,
it is necessary to give a minimum of 2 months written notice
prior to the Annual Renewal date to avoid having to automatically
continue with the insurance for the following year. You will
not normally have this rule if you use a company that is based
in the UK for example, but it is important to check this fact
out, particularly if you are looking for an alternative provider.
owner of a self catering holiday property that is rented out
as holiday accommodation must make sure that the insurers
are aware it is let for holidays. You should check that there
is adequate public liability cover as a landlord.
the property is a holiday home insurers must be advised of
the periods of non-occupancy. If for example you need to keep
the electricity on during periods of non occupancy for heating,
alarms, garden irrigation etc, you should let the insurance
do I need Holiday Home Insurance?
you own or are purchasing a holiday home in the UK then most
standard household insurance policies will not protect rented
therefore need to a specialist policy for your holiday home
property that is designed exclusively for properties used
as holiday homes or let for holiday use. As an owner of a
holiday home, it is vital that you fully understand the extent
and limitations of your insurance policy. What restrictions
are in place when letting and unoccupancy etc? Do you have
cover for public liability or loss of use?
home insurance policies abroad can be full of catches - Take care.
on a holiday home insurance abroad can be very complicated.
Dealing with complex insurance policies on overseas homes
is something more and more people are having to come to terms
are now more than 1 million properties owned by the British.
can you do? First of all read and check the small print in
the policy. If it is in a language that you do not understand
have it translated.
whether your cover does exactly what it is so that the insurer
cannot reject a claim at a later stage.
sure that your property is compliant for a country's particular
legislation. In France now a swimming pool has to be properly
gated and if your pool does not comply with the law, it could
invalidate the entire policy.
Make sure that
your buildings insurance covers the gardens and outbuildings,
not just the house.
Let the insurance
company know that you are letting the property out and when
you let it out to holiday makers, make sure that the visitors
have taken out their own travel insurance.
In some cases
you might not be covered for subsidence and earthquakes and
the Public Liability level is often lower such as in Portugal.
Rather like in
Britain you might have conditions, that if you are away from
the property for more than a month you might need someone
to check it over regularly, drain down plumbing and leave
If you have a
mortgage, the lender might be able to provide advice or as
you might well have a bank account with a bank in the country
the property is situated in, contact them.
A lot of British
based insurance companies are now covering overseas properties
and many of these can be found via the web. There are now
also many multinational insurance companies operating, names
that are familiar in Britain are becoming just as familiar
in France and Spain. Shop around and take care.
revival of UK Holidays, low mortgage rates and extra leisure
time has meant more people are buying second homes. If your
additional property is your second home or an investment,
have one thing in common - the need for specialist
information on this page is given without responsibility)
your Holiday Home Insurance Policy Written in a Language that you can Understand?