You have a brand new flat on the beach, you have everything ready to start your new adventure, but you have doubts about which type of insurance is best for your new home. Fully comprehensive, damage insurance, civil liability… Don’t worry, we know it’s a lot to take in, but we’re here to help you fully understand what is best suited to your needs.

Firstly, remember that your insurance will depend on the type and number of covers in the policy. This is because there are several types of coverage:

Building damage

Building damage refers to all damage to the building structure.

Ceilings, floors, walls, windows, electrical installations… When taking out insurance that covers building damage, the insurer assumes the cost of repairs that affect these elements.

Content damage

Content damage, on the contrary, refers to damage to goods inside your home: household appliances, furniture, decorative elements, etc……

In this case, if your insurance has this cover, the insurer will pay for or replace the damaged element.

Civil liability

This cover refers to the compensation you must pay to third parties if they suffer damage related to your home.

If, for example, your tap leaks and you flood your neighbour’s house, your civil liability insurance covers this.

Now that you understand the different covers, it’s time to talk about the types of insurance you can take out:

Damage insurance

This insurance is intended only for your home’s building. It is, therefore, the cheapest, but also the one with the least coverage.

Multi-risk insurance

This type of insurance is the most complete, covering both the building and contents and providing civil liability cover.

Multi-risk insurance will allow you to appreciate your home with total peace of mind, as it covers most of the risks that can arise there.

Fully comprehensive insurance

Fully comprehensive insurance is the complete policy available. As its name suggests, it covers all damages, except those excluded by the type of contract.

Although these insurance policies tend to be more costly, your home is covered in full.