Home insurance is a contract that protects you from the various risks that may arise in your home. However, it is common for our personal circumstances to change over time, sometimes leading to changes in insurance needs. It is therefore important to understand the impact of these changes on your home insurance contract. In this article we will see the changes that can happen and their impact on your home insurance contract.
The different types of changes in personal situation
Several events can be considered changes in personal situation and have an impact on your home insurance:
- Marriage or PACS : living together may require a modification of your contract, in particular to adapt the guarantees to your spouse’s property.
- Divorce or separation : conversely, if you live alone after a separation, certain guarantees may no longer be necessary.
- Birth of a child : welcoming a new member into the family can change your insurance needs, particularly regarding civil liability.
- Change of profession : depending on your new activity, the risks linked to your accommodation may change and require an adaptation of your contract.
- Moving : a change of address often implies modifications in the characteristics of your accommodation (surface area, value of goods, etc.), and therefore in the necessary guarantees.
What to do if your personal situation changes?
When you are faced with a change in your personal situation, it is important to inform your insurer quickly in order to adapt your home insurance contract. Here are the steps to follow to complete this process:
- Contact your insurer : explain the nature of the change to them and ask them for advice on the modifications to be made to your contract.
- Provide the necessary supporting documents : depending on the type of change, your insurer may ask you for documents attesting to the situation (marriage certificate, PACS certificate, etc.).
- Review your contract : with the help of your insurer, determine the adjustments to be made to the guarantees and the amounts insured.
- Sign the amendment to the contract : once the changes have been validated, sign the amendment which materializes the new conditions of your home insurance.
What are the impacts of a change in personal situation on your home insurance?
The consequences of a change in personal situation on your home insurance may vary depending on the type of event and the specifics of your contract. Here are some examples of impacts:
Modification of guarantees and insured amounts
Depending on your new situation, certain guarantees in your contract may become obsolete, while others become necessary. For example, if you are moving to a larger home, it may be wise to increase the amount of guarantee covering your personal property.
Variation in the amount of the insurance premium
Changes made to your home insurance contract following a change in personal circumstances may affect the amount of the premium you pay each year. In certain cases, this premium may increase (for example if you have to take out additional guarantees), but it may also decrease (if certain guarantees are no longer useful).
Automatic termination of contract in the event of moving
When you move, your home insurance contract is automatically terminated for the accommodation you are leaving. However, it is often possible to transfer this contract to your new home, by making the necessary adjustments. It is therefore important to contact your insurer as soon as you become aware of your future address.
Good to know: the right to be forgotten in the event of a change in medical situation
If your state of health improves following an illness or accident, you can benefit from the right to be forgotten, which allows you not to declare this situation to your insurer when subscribing or requesting a modification of your insurance. CONTRACT. This measure aims to facilitate access to insurance for people who have been faced with serious health problems.
In summary, it is essential to take changes in your personal situation into account when managing your home insurance. Do not hesitate to seek advice from your insurer to adapt your contract according to your new needs and thus benefit from optimal protection.
School insurance: an optional home insurance guarantee
When we talk about a change in personal situation, we immediately think of the steps to take with your insurer to reassess your home insurance needs. But it also happens that these changes concern children, with entry into school for example. This is where school insurance comes in. You may not know it, but this optional guarantee can be added to your home insurance to cover your children in the event of an accident or damage caused to a third party. in the school setting. You will certainly appreciate this practical addition which will not make you run from one insurer to another and which will never lose sight of its primary mission: to offer you complete coverage adapted to your new circumstances.
It is true that certain home insurance packages already include partial coverage of risks linked to school activities. Note, however, that some additional protections are generally necessary to ensure optimal security. Depending on the offers, this guarantee can cover incidents at school as well as those occurring during extracurricular activities or travel. To explore more detailed coverage options, be sure to check with different insurers. You can consult the guide on home insurance published here For example. Take the time to review warranties today to avoid unpleasant surprises in the future. Whether at home or at school, it is indeed better to anticipate the unexpected rather than tightrope without a net.
