Rental and liability: Why liability insurance is indispensable for property owners

Real estate possession is an attractive investment, especially if you rent out your building for extra income. But in addition to the benefits, rental also entails risks. What if a tenant stumbles over a separate tile and contracts personal injury ? Or if a fire in your building causes damage to surrounding buildings ?

be held liable in such situations for damage to tenants, visitors or third parties. A liability insurance for property owners protects you against financial claims and ensures that your investment does not entail unforeseen costs. In this blog you discover why this insurance is essential, what it covers and how you choose the right coverage .

1. Why is liability a high risk when renting?

As a real estate owner you have the legal duty to keep your building safe and well maintained. If damage or injury occurs due to negligence, you can be held liable . This can lead to high damage claims.

Common liability risks at Rental

✔ Physical injury - a tenant or visitor slides over a wet or smooth staircase and breaks an arm.
✔ Damage to third parties - A fire in your rented out home brings to a neighboring building.
✔ Law maintenance - A loose roof tile falls on a passer -by and causes serious injury.
✔ Schimmel or leakage - A tenant holds you liable for health problems due to moisture problems in the building.
✔ Fire damage - Defective electricity or overdue maintenance can lead to fire, resulting in enormous financial damage.

Do you want to prevent you from getting up financially for such claims for damage? Then liability insurance for property owners indispensable.

2. What does liability insurance cover for real estate?

A liability insurance for landlords offers protection against claims by third parties. The most important coverage is:

✅ Damage to third parties - cover for damage caused to your property to third parties, such as neighbors or passers -by.
✅ Personal injury - For example, if a tenant or visitor is injured by a lack of the building.
✅ Damage due to architectural defects - coverage for damage caused by overdue maintenance or a constructive defect.
✅ Fire damage to adjacent buildings - prevents you from being held liable for expanding damage.
✅ Legal assistance - assistance with legal disputes about liability.

📌 Please note: damage caused by a tenant himself to the building does not fall under your liability insurance . This requires a household or tenant insurance .

3. When is liability insurance for real estate mandatory?

In most cases, liability insurance is not required by law , but in some situations is required by:

✔ Mortgage lenders - Banks often demand liability insurance as a condition for a real estate mortgage.
✔ Owners' Association (VvE) - For apartments, liability insurance is often mandatory for the VvE.
✔ Business real estate - obligation for entrepreneurs who rent commercial real estate.

Even if it is not mandatory, this insurance is strongly recommended to limit financial risks. Without insurance, a single claim can cost you tens of thousands of euros.

4. Who needs liability insurance for rental?

This insurance is crucial for:

🏠 Private landlords - do you have a second home or apartment that you rent out? Then you can be held liable if damage occurs.
🏢 Investors and real estate investors - whether you manage a single building or a complete real estate portfolio, a liability insurance policy protects you against financial claims.
🏨 Business premises and commercial real estate - a liability insurance is essential for rental of office spaces, retail premises and business spaces.
🏬 Owners' associations (VVEs) - A VvE is liable for damage caused by common parts of a building, such as stairwells and roofs.

Do you manage real estate and do you doubt about your coverage? advice without obligation Finass insures .

5. How do you choose the best liability insurance for real estate?

Not every insurance offers the same coverage. Note the following points when taking out a policy:

✔ Premium and insured coverage

The costs of a liability insurance vary depending on:
📌 The type of real estate (home, office, shop, warehouse).
📌 The number of rented buildings - the more buildings, the higher the premium.
📌 Coverage limit - Choose a sufficiently high coverage (at least € 1 million).

✔ Coverage for tenant liability

Some insurers offer extra coverage if a tenant suffers damage due to overdue maintenance or defects in the building.

✔ Worldwide or national coverage

Do you rent properties abroad? Make sure that your insurance provides coverage worldwide.

💡 Tip: Do you want a customized policy? Request a quote from Finass insures .

6. Frequently asked questions about liability at Vastgoedverhuur

💬 Is a liability insurance for rental required?
Not always, but often required by banks, VVEs and business landlords .

💬 Does the insurance cover damage to my own building?
No, a liability insurance only covers damage to third parties . You need a home insurance policy .

💬 What if my tenant causes damage?
Damage by tenants falls under their own household or liability insurance, not under your liability insurance.

💬 How much does liability insurance cost for landlords?
The premium often starts from € 100 per year , depending on the type of building and the coverage.

7. How do you take out liability insurance for real estate?

Do you want to prevent financial risks? Follow these steps:

1️⃣ Determine your risks - see if you have real estate that entails liability risks.
2️⃣ Compare coverings - choose an insurance policy that fits your situation.
3️⃣ Request a quote from Finass insure - our experts help you with a customized policy.
4️⃣ Take out the insurance and rent out your building carefree!

Conclusion: Why is liability insurance indispensable for property owners?

As a landlord you run legal and financial risks . A liability insurance protects you against high damage claims , whether you rent out privately or manage a real estate portfolio.

💡 Do you want to optimally insure your real estate? Request a quote from Finass and ensure that you are fully protected! 🚀

Liability insurance for real estate: when is it mandatory?

As the owner of real estate, you not only bear responsibility for the maintenance of your building, but also for possible damage that your real estate can cause to third parties. This can be a loose roof tile that falls on a passerby , a smooth entrance where someone slides or even fire damage to a neighboring building .

A liability insurance for real estate protects you against financial claims that can arise from this. But when is this insurance compulsory and when is it smart to insure you extra? We explain it in this blog.

1. What is a liability insurance for real estate?

insurance for real estate covers damage to persons or goods caused by your building or site. Think of:

✅ Damage to third parties - for example if someone stumbles over a loose tile on your site.
✅ Personal injury - For example, if a loose part of your building falls on a passer -by.
✅ Damage to other buildings - think of fire damage that is spreading to an adjacent building.

Important: A standard private liability insurance (AVP) not cover this damage when it comes to real estate that you rent out or own . special insurance for real estate is often necessary.

2. When is liability insurance for real estate compulsory?

Liability insurance is not required by law , but in many situations it is necessary. Below the cases where insurance mandatory or highly recommended :

✔ Owner's obligation at Owners' Associations (VVE)

With an apartment or multi -company building, the VvE is often required to take out liability insurance This protects the joint owners against claims from third parties.

✔ Insurance obligation for mortgage

When taking out a mortgage on rented property, many banks demand home insurance with liability coverage . This prevents financial risks for the mortgage provider.

✔ Rental of homes or business premises

As a landlord you are responsible for damage due to overdue maintenance or dangerous situations in and around your building. A tenant can hold you liable if damage occurs.

✔ Business real estate & commercial buildings

Owes such as offices, shops or warehouses entail extra risks. A business home insurance covers damage to the building itself, but liability for damage to third parties must be insured separately.

✔ Construction and renovation projects

For renovations and renovations, local residents can suffer damage due to, for example, construction waste, collapse or vibrations. A CAR insurance (Construction All Risk) or a liability insurance is then necessary.

Do you want to know if your situation falls under these obligations? advice without obligation Finass insures .

3. When is liability insurance smart to have?

Even if insurance is not mandatory, it may be wise to protect you extra.

💰 Protection against high damage claims - a claim for damages can rise to tens of thousands of euros or more.
🏠 You have several buildings - the more real estate, the greater the risk of damage to third parties.
📍 Your building is empty - vacancy increases the risk of damage, for example due to vandalism or poor maintenance.
🔨 You perform regularly maintenance or renovations - this can entail risks for tenants and local residents.

Liability insurance is often customized . Do you want to know which coverage best suits your situation? Contact Finass insure for a customized quote.

4. What does liability insurance for real estate cost?

The premium depends on:

📌 The type of real estate - home, shop, office or industrial building.
📌 The location and use - is the building empty, is it in use or is it rented?
📌 The insured value - the greater the risk, the higher the premium.
📌 cover options - Do you only choose liability, or also cover for damage to tenants and local residents?

💡 Tip: premiums are often cheaper if you multiple buildings in one policy. Ask a customized offer at Finass insure and discover the best options for your situation.

5. Frequently asked questions about liability insurance for real estate

💬 Is a liability insurance required for a private house?
No, but damage caused by your home to third parties is sometimes co -insured through private liability insurance. A separate insurance is required for rented or business real estate.

💬 Is a VvE obliged to take out liability insurance?
Yes, in most cases a VvE is required to have liability insurance for damage caused by common parts of the building.

💬 Is my liability insurance valid for vacancy?
Not always. Some insurers limit or stop the coverage in the event of long -term vacancy. It is important to check this with your insurer.

💬 Does liability insurance also cover damage by tenants?
No, damage that tenants cause is not covered by your liability insurance. This may require landlord insurance or home insurance

💬 How much does liability insurance for real estate cost?
The costs vary depending on the value and use of the building. The average premium is between € 100 and € 1,000 per year , depending on the coverage.

6. How do you take out liability insurance for real estate?

Do you want to optimally protect your real estate against financial risks? Follow these steps:

1️⃣ Analyze your risks - look at the type of real estate and use.
2️⃣ Compare coverings - Choose insurance that matches your situation.
3️⃣ Request a quote from Finass insures - our experts help you with a customized policy.
4️⃣ Take out the insurance and protect your real estate!

Conclusion: Is liability insurance for real estate required?

Liability insurance is not always required by law , but in many cases indispensable . Especially for landlords, VvEs, companies and real estate investors, it is essential to cover financial risks.

💡 Do you want to know which insurance you need? Request a quote from Finass obligation and ensure that you are well protected against unexpected damage claims! 🚀

Exclusive valuables insurance: How do you choose the best coverage for unique items?

Luxury watches, diamond jewelry, exclusive artworks and rare collections are not only valuable assets, but often also investments that rise in value. What happens if your Rolex is stolen , your diamond ring is damaged , or a painting is lost due to water damage ?

A standard household insurance often offers insufficient protection for luxury valuables. exclusive valuable insurance is essential to optimally protect your valuable items against theft, damage and loss .

In this blog you discover why special valuable insurance is necessary , how to choose the best coverage and what you should pay attention to when insuring unique items .

1. Why an exclusive valuable insurance policy?

Many people think that their luxury assets are sufficiently covered through their standard household insurance , but this is often not the case.

The biggest restrictions in household insurance

🔸 Maximum coverage per item
Many household insurance policies use a limit per item , often between € 2,500 and € 5,000 . This is insufficient for a Rolex, a diamond ring or a painting by a well -known artist .

🔸 No coverage Buitenhuis
In the event of theft or damage outside the home, your item is often not or only limited to a limited extent .

🔸 No loss coverage
Do you lose a piece of jewelry or watch? A standard household insurance does not pay out in the event of loss.

🔸 Value not always adapted
some luxury assets, such as watches and artworks , in value. A standard household insurance usually only reimburses the original purchase value and not the current market value.

💎 Do you want full protection? exclusive valuable insurance is the best solution.

2. What does an exclusive valuable insurance policy cover?

An exclusive valuable insurance offers much more extensive coverage than a standard household insurance.

✅ Theft - full coverage, also outdoors and traveling.
✅ Damage - protection against scratches, falling and other accidents.
✅ Loss - Insured if you lose an item.
✅ Worldwide coverage - Your possessions are protected all over the world.
✅ Current market value - insurance based on appraisal value, not just the purchase value.

Do you have several luxury items? Then you can insure them together under one valuables insurance .

3. What luxury items can you insure?

This insurance is suitable for the following valuable assets:

💎 Jewelry & Diamonds - Exclusive rings, necklaces and heirlooms.
⌚ Luxury watches - Rolex, Patek Philippe, Audemars Piguet, Cartier, Omega and more.
🖼️ Art & Antiques - paintings, sculptures and rare collective objects.
🎻 Musical instruments - exclusive violins, pianos and other valuable instruments.
🏆 Rare collections - think of coins, stamps, classic cars and vintage wine collections.

Wondering if your assets can be insured? Request advice without obligation from Finass insures .

4. How do you choose the best coverage for your unique items?

Not every insurance offers the same coverage. Take the following points into account:

✔ 1. Appraisal and valuation

Many insurers demand a recent appraisal report or proof of purchase. Regular revaluation is wise, because some items such as watches and artworks increase in value .

✔ 2. Championship area: the Netherlands or worldwide?

Do you travel a lot with your jewelry or watch? Then choose an insurance with global coverage .

✔ 3. Own risk and premium

The premium depends on:
💰 the value of the valuables (on average 1-2% per year).
🔒 Storage method (use of a safe can yield premium advantage).

Do you want to know what the best insurance is for your assets? Request a personal advice from Finass insures .

5. Frequently asked questions about valuables insurance

💬 Is my watch or jewelry insured when I wear it?
Yes, with an exclusive valuable insurance policy, your watch is also insured outside the home .

💬 Is mijn kunst of antiek verzekerd op reis?
Not standard. Veel reisverzekeringen hebben een lage maximale uitkering . Kies daarom voor een verzekering met wereldwijde dekking .

💬 Do I have to keep my jewelry or watches in a safe?
For some expensive items, insurers ask for this. Keep your valuables in a certified safe for better conditions and lower premiums.

6. How do you take out exclusive valuable insurance?

Do you want to optimally protect your luxury assets? Follow these steps:

1️⃣ Have your valuables appraised - a valuation report or proof of purchase is essential.
2️⃣ Choose the correct coverage - theft, damage and loss can be insured separately.
3️⃣ Request a quote from Finass insure - our specialists are happy to help you find the best coverage.
4️⃣ Take out the insurance and enjoy your valuable possessions carefree!

Conclusion: Protect your luxury assets with the right insurance

An exclusive valuable insurance offers the best protection for jewelry, watches, artworks and collective objects . A standard household insurance often offers insufficient coverage , so a separate insurance is strongly recommended.

💎 Do you want to optimally insure your valuables? Request a quote from Finass insures and discover the best protection for your valuable assets! 🚀

Why a standard household insurance is not sufficient for valuable assets

Many people think that their luxury possessions , such as jewelry, watches, artworks and antiques , are automatically insured through their standard household insurance . But did you know that regular household insurance often does not provide enough coverage for expensive or exclusive property?

What if your diamond ring is stolen , your Rolex will be damaged , whether your painting will be lost by fire ? In this article we explain why a standard household insurance is not sufficient and how a valuables insurance does offer the right protection.

1. What does a standard household insurance cover?

A household insurance reimburses damage to things in your house for example:
✔ Brand
✔ Water damage
✔ Storm and lightning strike
✔ Theft after burglary

But there are important restrictions on coverage for luxury and precious assets.

The biggest restrictions in household insurance

🔸 Maximum coverage per item
Many insurers use a limit per expensive item , often between € 2,500 and € 5,000 . A Rolex, Patek Philippe or Cartier watch is often worth much more than this amount.

🔸 No worldwide coverage
Theft and damage outside the home are usually not or only partially covered. If you take your jewelry, watch or artwork to a hotel, traveling or to an event, your risk is running.

🔸 Limited theft coverage
in the event of theft outside the home, insurers often only pay a small percentage of the value . Street robbery or pickphaps rarely fall under a standard policy.

🔸 No coverage for loss
Do you lose a precious piece of jewelry or watch? A household insurance almost never loss

🔸 No market value correction
Some luxury watches and artworks increase in value. However, a standard household insurance only reimburses the original purchase value and not the current market value.

Do you want full protection? Then an exclusive valuable insurance necessary.

2. What is a valuable insurance policy and why do you need it?

A valuables insurance is specially designed for luxury and valuable properties. It offers much more extensive coverage than a household insurance.

What does a valuable insurance policy do?

✅ Full theft coverage , also outdoors and traveling.
✅ Non -life insurance , also for accidents such as falling or bumps.
✅ Cover for loss - ideal for watches, jewelry and small works of art.
✅ High insured value , tailored to the current valuation.
✅ Worldwide coverage , so that your possessions are protected everywhere.

Do you have several luxury items? Then you can insure them together under one valuables insurance .

3. For which costly assets is this insurance suitable?

A valuables insurance is ideal for:

💎 Jewelry & Diamonds - Exclusive rings, necklaces and heirlooms.
⌚ Luxury watches - Rolex, Patek Philippe, Audemars Piguet, Cartier, Omega and more.
🖼️ Art & Antiques - paintings, sculptures and rare collective objects.
🎻 Musical instruments - exclusive violins, pianos and other valuable instruments.
🏆 Rare collections - think of coins, stamps or vintage wine collections.

Wondering if your assets can be insured? Request advice without obligation from Finass insures .

4. How does a valuable insurance work work?

There are different ways to insure luxury assets:

OPTION 1: Contents insurance with extra coverage

🔹 Maximum coverage per item : usually € 2,500 - € 5,000 .
🔹 Outdoors and often not losing co -insured .

Option 2: Separate valuables insurance

✅ High insured value - up to hundreds of thousands of euros per item.
✅ Full coverage against theft, damage and loss .
✅ Worldwide coverage - ideal for travelers and collectors.

For luxury watches, jewelry and artworks, a separate valuable insurance is often the best choice .

5. What should you pay attention to in the event of a valuable insurance policy?

Not every insurance offers the same coverage. Take into account:

✔ Appraisal and valuation

Many insurers demand a recent appraisal report or proof of purchase. Let luxury assets charge regularly, because some items rise in value.

✔ Falling area: the Netherlands or worldwide?

If you travel with your valuables, choose insurance with global coverage .

✔ Own risk and premium

💰 The value of the valuables determines the premium.
🔒 A safe can provide a premium discount.

Do you want to know what the best insurance is for your assets? Request a personal advice from Finass insures .

6. Frequently asked questions about valuables insurance

💬 Is my watch or jewelry insured when I wear it?
Yes, an exclusive valuable insurance offers coverage outside the home , even if you wear your jewelry or watch.

💬 Is mijn kunst of antiek verzekerd op reis?
Not standard. Veel reisverzekeringen hebben een lage maximale uitkering . Kies daarom voor een verzekering met wereldwijde dekking .

💬 Do I have to keep my jewelry or watches in a safe?
For some expensive items, insurers ask for this. Keep your valuables in a certified safe for better conditions and lower premiums.

7. How do you take out valuables insurance?

Do you want to optimally protect your luxury assets? Follow these steps:

1️⃣ Have your valuables appraised - a valuation report or proof of purchase is essential.
2️⃣ Choose the correct coverage - theft, damage and loss can be insured separately.
3️⃣ Request a quote from Finass insure - our specialists are happy to help you.
4️⃣ Take out the insurance and enjoy your valuable possessions carefree!

Conclusion: Protect your luxury assets with the right insurance

A standard household insurance is not sufficient for luxury jewelry, watches and artworks . Do you want optimum protection against theft, damage and loss? Kies dan voor een kostbaarhedenverzekering .

💎 Request a quote today and make sure that your valuable assets are well insured! 🚀