Household contents insurance covers belongings inside the insured apartment, exclusive-use storage spaces on the property, and shared lockable rooms within the building. It also covers belongings stored temporarily in external storage units up to specified limits depending on the coverage type. Sports equipment stored permanently outside is covered up to a set monetary limit under extended coverage.
Which storage locations are covered inside my insured residence?
Household contents insurance covers belongings stored inside your insured apartment and storage spaces located on the same property exclusively used by your household for private purposes. These include loggias, balconies, terraces adjoining the building, and outbuildings like garages and garden sheds.
Which shared storage rooms inside the building are covered?
The insurance covers lockable rooms shared with other residents on the same property. This includes bicycle cellars or sheds, laundry rooms, attics, and basements.
Are belongings stored outside my insured address covered?
Yes, household contents insurance covers belongings stored in external storage units outside your residence under certain conditions:
The storage unit must be secured with a lock.
The storage space must be for your personal use only and not shared with people outside your household.
Belongings must be temporarily stored in the unit.
What are the coverage limits for belongings in external storage units?
Coverage limits depend on your level of insurance coverage:
Basic coverage protects belongings in external storage up to 25% of your total insured sum for a maximum of 3 months.
Extended coverage protects belongings up to 40% of your insured sum for a maximum of 12 months.
Is there an exception to the time limit for any stored items?
Yes. Sports equipment, such as diving and golfing gear, stored permanently outside the home, is covered even beyond the time limits, but the coverage amount is limited to €5,000 under extended coverage.
How should I consider storage locations when choosing my insured sum?
When selecting your insured sum, include the value of belongings stored in your apartment, exclusive-use spaces on your property, shared lockable rooms, and any external storage units you use, accounting for coverage limits and durations.