Covers damage to movable property in the house – e.g., due to fire or theft.

Damage report

Notification to the insurer of a loss that has occurred.

Deductible

Amount that you have to pay yourself in the event of damage.

Expert

Person appointed by the insurance company to assess a loss.

Homeowners insurance

Insures damage to the house caused by fire, tap water, storm, hail.

Natural hazard insurance

Supplement to homeowners insurance – covers, for example, flood or earthquake.

New value

Insured value: Amount that would be required to replace the item in the same way.

Policy

Insurance contract with all conditions and amounts.

Policyholder

Underinsurance

If the insured sum is lower than the actual value.