The insurance does not only cover the policy holder. Belongings of the spouse and the children living in the same household are also included, provided that it is a family instead of an individual policy.
Fire, theft, water, glas breakage
The household insurance distinguishes between "stationary" and "temporary in motion" insurance.
With the location insurance, the location of the insured item (e.g. the address) is clearly defined. A household insurance can only be taken out for locations in Switzerland, the Principality of Liechtenstein, and the enclaves of Büsingen and Campione.
The "temporary in motion" insurance offers an insurance coverage for property that is usually at the location agreed on by contract, but also applies in the event that this property is temorarily outside the location (e.g. sports equippment, music instrument). With this offer, the household insurance provides coverage all over the world.
Ensuring that the value of the household (including guests' belongings, leased, rented or entrusted items) matches the insured sum as good as possible is the best way to avoid underinsurance. Therefore, it is worth occasionally checking the insured sum and including new acquisitions in the calculation. If the insurance reveals underinsurance in case of major damage, unpleasant consequences could follow. Generally, the service is cut in proportion to how large the underinsurance is. However, if a too large sum is insured, you pay unnecessarily high premiums.
The household includes everything that is property of the insured person and that can be moved to another house or apartment (movable goods).
