Company housing is housing allocated by the company to an employee, for which it pays part or all of the rent.
Like any accommodation, company accommodation is exposed to risks, which justifies the use of home insurance? What guarantees should be included in this cover? How to find home insurance at the best price? Answers.
A worker who occupies company accommodation is not required by law to take out home insurance when this accommodation is the property of the employer. You therefore have no obligation to take out this insurance if you find yourself in this case. However, you will always be held responsible for damage that may involve the property as well as your own property. In addition, if the disaster spreads and affects the neighborhood, it will be up to you to compensate the victims. In order to avoid bearing the financial consequences of domestic risks and accidents, taking out home insurance is the best protection.
In the event that the accommodation in question is rented, the owner is able to require the occupant to take out the minimum civil liability guarantee. This is to protect against the insolvency of this occupant in the event of excessive damage. In addition, the owner has the possibility of taking out the guarantee himself in order to ensure that his property will be properly protected. The insurance purchased by the landlord will cover both the occupant and the property and its cost will be integrated into the rent.
When you occupy accommodation that does not belong to you, whether rented or assigned as part of a function, the minimum you must have is the civil liability guarantee. This protection acts when the disasters you suffer spread to the neighbours, such as in the case of a fire or water damage. It should be noted that the civil liability guarantee of a home insurance also protects the occupants from bodily injury or material damage that they may cause to third parties in the accommodation and elsewhere, excluding damage caused by a vehicle. Despite everything, such a guarantee is not enough to properly protect a home.
Indeed, it only compensates third-party victims. In addition to civil liability, you are able to add material damage cover which will cover the replacement of property destroyed during the incident. The theft, burglary and vandalism guarantee is also useful in the event that the home is the subject of a break-in with theft. It is also advisable to take out the guarantee of guarding the accommodation following a disaster. In this way, you will benefit from a permanent surveillance of the house before you can redevelop.
The price of company accommodation insurance varies depending on the accommodation in question. Insurers will make the distinction between main residence and secondary residence. On the other hand, the conditions of protection play a major role in the pricing of insurance. The higher your deductible, the lower the premium will be. The same is true for compensation limits. Before signing an insurance contract, it is advisable to carefully study the proposals and their specificities.
Indeed, each clause is likely to vary the amount of the premium. By using an online home insurance comparator, you can receive quotes tailored to your profile and budget in minutes. This process will not commit you and the comparator is 100% free. The quotes received will allow you to compare the offers and choose the best protection for your home.
