Knowing that a large part of the population rents, one of the most frequent main questions about insurance is: Who pays for Home Insurance in a rented apartment? Is there renter’s insurance? What coverage does the insurance include for tenants?, …

In a rented apartment you must distinguish between container and content.

The owner must insure the continent of the house, that is:

  • The main construction such as foundations, walls, beams, ceilings, windows, …
  • Annex buildings: The dependencies that are in the same free farm. The fences, walls and fences of the insured building.
  • Recreation and sports areas.
  • Fixed installations of: water, gas, electricity, heating and cooling. All of them permanently installed.

The same will happen with Civil Liability, mandatory to cover possible damages that may be caused to third parties.

On the other hand, experts recommend that the tenant insure the content:

They are the specific household goods that are inside the house: kitchen, electrical appliances, electronic equipment, clothing and objects for personal use.

In addition, if the tenant does not take out Civil Liability insurance, any compensation made by the owner’s insurer will be claimed later.

Should I buy renters insurance?

At Peris Correduría de Seguros we work with a multitude of insurance companies and some of them have renters insurance. The policy covers liability against third parties and includes legal advice and legal defense as the main coverages.

The Law designates the tenant as the sole person responsible for keeping the home in good condition and in the same condition as it was found, having to answer for everything that damages.

What coverages can you take out in renter’s insurance?

  • Fire: Damages (including garden), for explosions, lightning and extinction expenses are covered.
  • Water Damage: It is the most frequent loss in the home. They are caused by accidental water leaks, breakdown of electrical appliances that work with water, leaks, …
  • Damages caused by weather events such as rain, wind, hail, and snow are also covered in renters insurance.
  • Household Appliances Breakdown: Displacement, labor and cost of parts are guaranteed to repair any damage to household appliances.
  • Theft, theft, robbery and vandalism can be included in the renters insurance. In the same way, in some companies, they also include the improper use of credit or debit cards that have been the subject of theft, theft or robbery.
  • Breakage of glass-ceramic kitchen elements: For example, the windows that are a fixed part of ovens, glass-ceramic hobs, refrigerators, washing machines, fireplaces, stoves, …
  • Protection against the owner, management of the return of the deposit, 24-hour assistance and a damage repair service that helps the client.

To learn more about renters insurance, you can contact our experts. They work day-to-day with the leading insurance companies and know where to find the best home insurance.