Is Home Insurance Mandatory?

Insurance Mandatory

Unlike renters, homeowners don't have to insure their homes. Insurance may be required by the rules of this condominium. A landlord of a rental property must ensure that the tenant has home insurance. This rule applies regardless of your nationality or the length of your stay in France.

About Tenants

There aren't many questions to ask yourself as a tenant. Home insurance is mandatory. Section 7 of July 6, 1989, Act requires insureds to secure accommodation with an insurance company of their choice to cover risks associated with the insured's liability.


In fact, the tenant is responsible for any damage to the building. Also neighbors etc. In the event of a claim, the landlord may require the tenant to prove their membership with a home insurance certificate issued by the insurance company when signing the lease.

For the owner

Unlike renters, landlords, whether employed or not, are not required to have home insurance.

Why protecting yourself effectively is so easy. In the event of a claim for damages (fire, water damage, theft, etc.), you will be solely responsible for the damages if you do not insure your home. It is still recommended that you keep your home safe for peace of mind and financial and business support in case of crisis.


NOTE: If you want to get more information about home insurance, you can get information from our experts by clicking on Tax Agent in Melbourne.
Location: Australia

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