We are all aware of how important it is to have home insurance, but if quizzed on the things most commonly covered on your policy, how much would the Irish person be able to answer?
The most common things covered by home insurance include property damage from fire, personal liability coverage, and living expenses if you temporarily out of your home until repairs are made. Here are a few things home insurance in Ireland that you may or may not be aware of:
1. Detached Satellite Dishes
Winds from storms can play havoc with security cameras, lighting, and satellite dishes. Any attached aerial structures that become damaged due to storms are covered by your insurance policy. This covers repair or replacement.
2. Damage Caused by Vandalism
If your home or belongings are damaged by vandalism or during a riot, these are covered causes under your policy as well. While riots are rare, unfortunately vandalism does happen so it’s good to know that anything that was damaged can be replaced.
3. Unauthorized Use of Credit Cards
If you find yourself in a situation where you have lost your wallet or have it stolen during a robbery, make sure to report this to the police and your financial institution immediately.
In many cases, thieves rack up hundreds of dollars worth of credit card debt before the cards can be cancelled. If this should happen, you can be covered for the cost of the unauthorized use.
4. Food Waste Caused by Power Outages
Power outages occur during storms and sometimes for unknown reasons. Most of the time, if it is only out a few hours you don’t have to worry about food spoiling because refrigerators and freezers will stay cold as long as the doors are kept closed.
In the event the power is out longer and you lose food in your refrigerator or freezer, you can be covered for the cost of the food.
5. Damage to Service Pipes
If any of the cables or pipes buried under your property are damaged by you or someone hired by you to install something, the costs of repairs may be covered. This would include buried pipes, water lines, and underground tanks.
6. Key and Lock Replacement
If you are the victim of theft from a robbery, changing the locks gives peace of mind. This is a necessary expense and is covered on your policy under theft recovery. It may also cover in situations of lockout where you lose your keys or they are stolen.
7. Accidental Damage to Furnishings
Many people collect items such as china and crystal, these days they may not have a lot of monetary value, but if they are included on your policy they can be covered if they are damaged or broken during a move. Kids knocked over a bucket of paint on your brand new imported rug? It can also be covered under the category of accidental damage.
8. Accidental Building Damage
A while installing the new dishwasher? The accidental damage category may be appropriate even when it is caused by you to your own building. Many DIY home projects have unexpected outcomes such as a water leak or a broken valve.
9. Accidental Damage from Flying Objects
You may also be covered from other objects hitting your house or property. While it is unlikely that your home will be hit by a low-flying aircraft, it does occasionally happen that pieces become disengaged during flight and fall landing on someone’s roof or the neighbor kid’s robotic drone crashing through a bedroom window.
It’s nice to know that while these circumstances are unlikely to happen to you, they are covered in your policy.
10. Personal Liability
While we hope that visitors to our home have a pleasant stay, if for some reason something happens and they are injured on the property your policy may cover any costs you are required to pay.
This includes cases of bodily injury, illness and even death. This is something we would hope we never had to use, but it’s reassuring to know you have some backing.
11. Damage to Visitor’s Property
This may also cover your visitor’s property if it is damaged or stolen. Accidents happen occasionally, especially if you have toddlers or small children who like to “help” clean aunty’s glasses by dropping them in the toilet and flushing, or spilling juice on her open laptop.
It’s good to know that you won’t have to break open the family piggy bank to cover these costs should something like this happen.
12. Temporary Housing
If your home is damaged by fire or other covered causes and is deemed uninhabitable until repaired, the cost of hotel accommodation is covered up to a percentage of the amount insured. It’s nice to know that if something unexpected happens you won’t be out on the street or have to bunk up with relatives.
Check your home insurance policy often to stay on top of covered expenses. If you have any questions, call your policy issuer as they can answer any questions or concerns you may have regarding coverage.