A home insurance policy safeguards your own belongings and others' property. Falling asleep in shower may cost the individual concerned as much as EUR 20,000.
The real estate insurance taken out by Koas does not cover damage to residents' movable property nor any damage caused to the real estate and neighbours' property by, for example, flooding caused by falling asleep in shower. A home insurance policy of one's own is an affordable method to cover costs caused by damage to one's own property and that of neighbours and the housing foundation. In addition, bicycles and sports equipment held in storerooms are included in the coverage of home insurance.