House Insurance Italy

"House Insurance in Italy made simple"

House Insurance in Italy is often forgotten but before you buy it is well worth deciding how you intend to insure your new holiday home. On this page we provide some top insurance tips to help you to make the right decision.

Home owners insurance is not obligatory unless you have a mortgage in which case the lender will require you to have insurance for the property.

In terms of insuring a house and getting a mortgage bond it is often easier to do this in your home country, particularly if the property is to be used as a holiday home. In the UK there are a number of reputable insurance firms offering both house insurance and mortgages.

The advantages of insuring in this way are numerous but two of the most important are:

1) House Insurance claims are often settled quicker through UK, Northern European and US insurance companies.

2) It is a lot simpler to have insurance policies in your own language and the handling of claims is invariably easier.

It is important to note that you should use one insurance company for both household content insurance and building/house insurance in order to avoid conflicts between the insurance companies in the case of a claim.

Build Insurance is the Most Important

House in Italy by Alexander Stahilov

Try to make sure that storm damage and natural disasters are covered and that the amount you are insured for covers the rebuilding cost.

Earthquakes are supposed to be covered by the Italian government - but you might wait twenty years for your house to be rebuilt. My advice, should you be in an earthquake risk area, would be to have this included in your policy. You will be unlikely to obtain 100% replacement value cover though.

If you own an apartment then building insurance is normally included in your service fee but third party insurance is advisable.

Contents Insurance

Contents Insurance is always a good idea but not essential and the insurance company will insist on many conditions like burglar bars etc being met. Valuables are virtually never covered and so many conditions and exclusions exist that I have never bothered to cover our valuables.

So many Italian insurance companies have house insurance policies that seem designed to find loopholes to get out of paying no matter what and understanding the insurance small print in English is bad enough let alone in Italian. The result is that, even if you pay a slightly higher premium to a company in your own country, it is likely to be a better option.

Anyway it is not a forgone conclusion that insurance premiums will be higher in your own country for house insurance. Italy has very high insurance premiums generally and insurance companies in the UK and Holland often have lower insurance premiums than available in Italy and offer far better service.

Many UK companies are specialized in holiday home insurance and for some reason Italian household insurance companies often seem reluctant to pay out on claims involving holiday homes.

Have A Question or Story About This Topic?

Do you have a question or a story to share about this? Share it!

[ ? ]

Upload 1-4 Pictures or Graphics (optional)[ ? ]

 

Click here to upload more images (optional)

Author Information (optional)

To receive credit as the author, enter your information below.

(first or full name)

(e.g., City, State, Country)

Submit Your Contribution

 submission guidelines.


(You can preview and edit on the next page)

What Other Visitors Have Said

Click below to see contributions from other visitors to this page...

Building cover Not rated yet
Ciao Maria & Andrew, Thanks for updating the site on building cover. This advice is 100% spot on, and although it may alarm some, its better to …

Car Insurance in Italy Not rated yet
I have read through you article on home insurance with interest and have bookmarked it for future reference. I have recently moved to Italy and this article …

Click here to write your own.

  1. Home
  2. Italian Real Estate
  3. House Insurance in Italy

New! Comments

Have your say about what you just read! Leave me a comment in the box below.
Custom Search
My Italy

Promote Your Page Too

Join our Italy for FREE...

Enter Your E-mail Address
Enter Your First Name (optional)
Then

Don't worry — your e-mail address is totally secure.
I promise to use it only to send you My Italy Top Tips .

Sponsors

Advertise in Italy
Car Rental Italy
Expresso WiFi

Most Read

Sardinia beaches

Best Beach & Best Hotel

Cinque Terre Italy

Insider's Cinque Terre

On the Isle of Capri

Piedmont Italy

The Best in Piedmont!

Marche

Discover Marche

Great Recipes

Amazing Recipes