Building Insurance

What’s the difference between building insurance and home insurance?

In practice, these terms are often used interchangeably. A home insurance policy is just another name for building insurance, and both cover the structure of your home — not the belongings inside it (that’s what contents insurance is for).

Is building insurance mandatory when buying a home?

Yes, in most cases, building insurance is required when purchasing a home. Mortgage lenders demand this insurance because the property serves as collateral for the loan. If damage occurs and there’s no coverage, both you and the bank are at financial risk.

For apartments, building insurance is often arranged collectively through the homeowners’ association (VvE) — and we always check this for you.

What should you look for when choosing a building insurance policy?

When selecting building insurance, pay close attention to:

• Rebuilding value: The amount needed to rebuild your home. A solid policy is based on this figure.
• Coverage during renovations: Are extensions or garden buildings also covered?
• Deductible: What amount would you pay yourself in the event of a claim?
• Coverage for storm, fire, and water damage: Are these fully included?
• Indexation: Does the policy adjust your home’s insured value yearly based on construction costs?

We make sure your building insurance aligns perfectly with your home and personal needs.

What isn’t covered by building insurance?

Although coverage is usually broad, there are certain situations where damage is not reimbursed:

❌ Damage due to intent or negligence
❌ Poor maintenance or overdue repairs
❌ Damage caused by soil subsidence or earthquakes
❌ Flooding (requires separate insurance)
❌ Glass breakage (unless you have additional glass coverage)

Not sure if something is covered? We’re happy to explain it to you.