What Does Home Insurance Cover?
Halit SaraçYour home is more than just a shelter — it's one of your most valuable investments. Home insurance protects your home and its contents against various risks.
Core Home Insurance Coverages
Fire Coverage
- Damage caused by fire
- Firefighting costs
- Smoke and soot damage
- Explosions
Natural Disaster Coverage
- Storms and hurricanes
- Hail
- Floods and inundation
- Landslides
- Snow load
Theft and Damage Coverage
- Burglaries
- Vandalism
- Glass breakage
- Lock replacement costs
Water Damage
- Burst pipes
- Water damage from neighbors
- Insulation and freezing damage
Additional Coverages
Contents Insurance
You can insure household items such as furniture, appliances and electronics by declaring their values.
Financial Liability
Damage caused to your neighbors that originates from your home is covered.
Loss of Rent
When your home becomes uninhabitable, your rent payments during the period you stay elsewhere may be covered.
Glass Breakage
Repair costs for broken glass — windows, balcony doors and similar — are covered.
Relationship with DASK
Home insurance generally does not cover earthquake damage. For earthquakes, you must purchase DASK separately. Some insurance companies may bundle DASK within their home insurance package.
Home Insurance for Tenants
As a tenant, you can only insure your contents. The building structure is the landlord's responsibility. Still, insuring your belongings is recommended.
How to Determine the Coverage Amount?
- Based on your home's square meters
- Based on the total value of contents
- Based on the construction value of your home
Declare values realistically. Under-declaring leads to reduced compensation in a claim.
Conclusion
Home insurance is essential protection for your home and belongings. Combined with DASK, you can achieve comprehensive coverage.