Becoming an owner also means becoming responsible for a property, its occupants and its neighbours. In the canton of Vaud, part of the protection is compulsory; the rest deserves to be checked.
The building: ECA and additional cover
In the canton of Vaud, the ECA (cantonal building insurance institution) compulsorily insures buildings against fire and natural hazards. Water damage, glass breakage and other events, however, fall under additional insurance, to be checked according to the type of property.
Building owner’s liability
It covers damage caused to third parties by the building or its surroundings (falling roof tiles, slippery ground, etc.). It is essential whether you live in the property or let it.
After building work
A renovation or extension increases the value of the property: the insured amounts must follow, and some works must be reported to the insurer. Underinsurance can reduce the indemnity in the event of a claim.
Household contents and condominium owners
Condominium owners should also check the building insurance taken out by the owners’ association, their own household contents and their private liability cover.
Before a purchase or after a renovation, an overall check avoids unpleasant surprises: see our real estate approach.
General information only, not personalised advice. Rules and deadlines can change: please check them against your own situation.