Even in this time of economic downturn, the value of
houses in Ireland remains at an extraordinary high level. As a
consequence, many home owners find themselves in financial trouble
if they are ever unfortunate enough to have a serious mishap in
their home and have to make a claim on their home insurance
policy. It is probably true to say that many homes in Ireland
|It doesn't matter which Irish House Insurance
Company you insure with as long as you make sure you are
getting quotes from each company for the same product.
Is your insurance going to cover the cost of clearing away
the ruins of a burned house? Are the contents covered?
Have you declared all risks to the company? Can you rent a
house while out of your home? Are you covered by your
house insurance if your tree falls on a neighbours car in
his garden? What if your dog bites someone? Ask
questions. You are buying a product so be sure and
Tips on Irish House
-Are you covered for casual workers on your property?
-What if a builder causes serious damage or injury and has
-Is the house a holiday home not occupied for long
periods? You must declare this!
Always seek professional
Like everything else in our lives, Home Insurance in Ireland
has become very
complex, if not complicated. No longer is it sufficient to
have your house valued and simply take out insurance to cover that
amount in case of fire. There are so many things to think
about that we offer a list so that you can check your Irish Home
insurance policy and see if you are covered. Remember that
there are many areas of insurance that we are not qualified to
advise on that you should discuss your house insurance needs with
your Irish insurance company before purchasing insurance. Most good
home policies cover you for most eventualities but it is worth
checking the list below before parting with your money. There is a
joke that says "you are covered for everything except Fire,
Flood, Accident, Death, Illness, injury to third parties
etc!!" It's no joke if it happens to you.
Be sure to get cover for the following:
Fire insurance: This is the most common 'total disaster'
event that can strike a home in Ireland. But does your
insurance policy cover all the ways in which a fire can start?
Are there opt-out clauses in your policy? Careless
cigarette? Chip Pan? Lightning? Faulty wiring?
Careless builder with a blow-torch? Fireworks?
Arson? Is your property properly valued? If fire
causes twenty thousand euros worth of damage to you home and
you are only insured for fifty per cent of the value of your €300,000
home, them you will probably only get sixty per cent of the twenty
Act of War: Are you covered if there is a war and
your home is destroyed? This might cause a smile but how many
home owners in any part of the world foresaw the need to take
insurance against an act of war or terrorism or riot? Not
many, we would think. It may not even be possible to get such
insurance cover, but we offer it here as food for thought!
Act of God: This is a hoary chestnut that was once
the mother of all opt-out clauses..but these days insurance
companies are more forthcoming about what constitutes an Act of God
and most Insurance Companies in Ireland will provide cover for such
acts. A definition of an act of God would probably be
any naturally occurring phenomenon such as earthquake, storm, flood,
tsunami, volcano, etc. Not sure what an atheist would make of
such terminology but, apparently, it is still a legal term in
Public Liabilty: Are you covered if someone falls in
your home or garden? What if they fall on the footpath outside
your house? If a slate bows off your roof or your TV antenna
falls on someone's car, are you covered against the ensuing claim? If
someone breaks into your house and gets injured, are you
Employers Liability: Are you covered if you employ a
painter and he falls off his ladder? What if someone gets
killed while repairing slates on your roof after a storm?
Theft: Have you made a proper valuation of your
Dogs and other pets: Are you covered if your pet
bites someone? What if the family pooch chases someone and
they get injured away from your property? Does your public liability
insurance cover for this?
Car on property: If you roll over someone's
foot while on your property is it your car insurance or your house
insurance that covers you? If you bang into your garage door,
can you claim against your car insurance to repair the garage door
or will your Home insurance cover that?
Subsidence: What happens if the home of your dreams
shows an ugly crack in the plaster one day and an investigation
shows that your house is suffering from subsidence? Do you sue
the builder? Sue the previous owner? Will your insurance
company cover the costly repair?
Damage by uninsured builder: This is an area that is
fraught with complication and at the outset let me say, you should
ALWAYS check with your builder to see if he is covered. Don't
just ask him. Ask to see the policy. AND..check with
your own company to see if you are covered in case the builder falls
or does damage. Are you covered if your builder suffers injury
because of your negligence or bad advice? Public Liability will not
cover you for this. Pick up the phone. Ask the insurance
company before allowing anyone to work on your home.