Home insurance

Exclusions

Exclusions	Exceptions
Damage caused by long-term processes, normal wear and tear, rotting or corrosion.	We will indemnify you for the loss if one of the abovementioned reasons leads to a fire, explosion or pipe leak, but we do not indemnify the part of the insured object that caused the loss. Example If a corroded pipe breaks and water damages the interior finish, we will indemnify you for the restoration of the interior finish, but not for the broken pipe.
Condensation, humidity, long-term variation in temperature, exposure to light, long-term impact of atmospheric conditions or chemicals on the insured object or a part thereof.
Mould, dry rot, fungal diseases or bacteria on the insured object or a part thereof.
Activities of insects, pests, rodents, birds and domestic animals.	We will indemnify window glass broken as a result of the activities of birds and animals or a loss caused by fire.
Defective construction or repair work; calculation, planning or design error; or use of defective or unsuitable building materials.	We will indemnify you for the loss if one of the abovementioned reasons leads to a sudden and unexpected event, but we do not indemnify the part of the insured object that caused such loss. Example If a chimney has not been constructed in accordance with the design requirements and, therefore, leads to a fire, we will indemnify the damage caused to the structure, but we will not replace the chimney. If the wall tiles in your bathroom are fixed with an insufficient amount of tile glue and fall off because of this, thus damaging the sink, we will indemnify the damage caused to the sink, but not the wall tiles. If, due to defective construction, water or humidity get in between the thermal insulation and plaster, no indemnity is paid as this is not a sudden event. If the insulation material of the structure has been poorly installed and this has caused thermal bridges and condensation or mould damage to the interior finish of the structure, we will not replace the insulation material as the damage was not caused by a sudden or unexpected event. No indemnity is paid for damage to the interior finish since condensation and mould are not covered by the insurance.
Subsidence, elevation, movement, expansion, wear of materials and vibration of the structure, its foundations, walls or other structural elements.	We will indemnify you for a loss caused by: movement of the surface or vibration caused by construction work performed by third parties whose liability is proven rise of surface water or a flood.
Water entering the structure through a broken construction. We presume that the construction element is broken when the external barriers of the structure that are designed to prevent water from entering the structure fail to meet their purpose.	We will indemnify you for loss caused by: water entering the structure due to poor construction if such a loss is caused by a sudden and unexpected external event and the damage has been identified first leakage of water through roof or wall structures that damage the interior finish or home contents.
Loss of home contents.	We will indemnify the loss of home contents due to theft or robbery. Theft is deprivation of home contents as a result of a break-in to the place of insurance, or outside thereof. Robbery means deprivation of home contents accompanied by the use of violence that represents a threat to a person’s life and health or the threat to use violence.
Failure of or damage to home appliances or devices (e.g. boiler or central heating boiler) that has not been caused by external events.
The use of the insured object in a manner not complying with the purpose or function established by the manufacturer. This includes testing or intentional overloading of or performing experiments on machines and equipment.
Nuclear weapon, nuclear fuel, nuclear energy or radioactive substance or any other source of radiation or the explosion of a nuclear or radioactive substance.

The following are not subject to indemnification:

Loss and damage which occurred before the Insurance contract was entered into or the occurrence of which was obvious when the Insurance contract was entered into.
Expenses incurred in the maintenance, repair and elimination of minor external defects, such as stains on carpets and sofa covers; scratches on painted, enamelled and polished surfaces; cracks in walls and changes in colour or odours.
Damage and costs incurring during scheduled work such as changing of radiators, piping or windows.
Loss of income, financial liabilities, moral damage or other costs not agreed upon.

See the limitations that apply for certain items:

works of art, jewellery, valuables and antiquities are insured to the extent of up to 25% of the sum insured for home contents;
home contents kept in a separate storage room, basement, outbuildings or sauna that are located at your insured property are insured to the extent of up to 25% of the sum insured for home contents;
non-installed building materials, non-installed equipment (e.g. design products, details), and tools are insured to the extent of up to 25% of the sum insured for home contents;
cash located inside of your house or apartment is insured to the extent of up to €500;
home contents outside the home anywhere in Estonia for the whole family living in the insured property are insured to the extent of up to 5% of the sum insured for home contents;
mobile phones and tablets older than 2 and laptops older than 4 years are not insured.

All-risk insurance covers damages caused by any sudden unforeseen event, except those excluded in conditions. Common events that could happen at your home are covered even if you cause the damage yourself.

What might happen?

Fire. Damages will be fully covered even if the fire was caused by pets or other animals.
Hail and wind. Damages will be covered regardless of the storm strength.
Power surges caused by lightning.
Plumbing wreck and flood.
Theft and robbery, etc.

In general, when having all-risk insurance you do not have to worry about what is insured and what is not. However, there are some exclusions for the insurance cover (e.g. internal structural damages, long-term normal wear and tear processes, e.g. damages caused by mould or corrosion, defective construction or repair work).

More about conditions

We can all feel safe at home

Get Home Insurance, and feel confident and at ease about:

your flat or house and its facilities that will be completely restored in case of an accident;
your personal belongings at home (e.g. furniture, technical equipment) or when taken with you throughout Estonia (e.g. your bike);
unintentional damage caused by you to third parties (e.g. if you happen to flood your neighbours).

Residential building is a house, a semi-detached or a terraced house or a summer-house. It is only possible to insure property for private housing, i.e. you cannot conclude a Home Insurance contract to insure houses (e.g. tourism farm, guest house) or apartments (e.g. office, beauty parlour) used for business purposes.

ApartmentResidential building

In the case of stone construction, the construction of a structure, load-bearing walls and inserted ceilings are made of stone.

In the case of stone and wooden constructions, the construction of the structure and load-bearing walls are made of stone, and inserted ceilings are made of timber.

In the case of wooden construction, the construction of the structure, load-bearing walls and inserted ceilings are made of timber.

StoneStone and woodWood

Total area stand for the sum of floor space in all rooms. This does not include open spaces, such as balconies and terraces. In order to insure a residential building that exceeds 400 m2, please contact out insurance support line by calling +372 888 1513.

m²

Scope of coverages

insurable value Insurable value of the structure means the cost of restoring the former condition of a structure, i.e. the reinstatement value thereof. We do not consider the wear and tear of a structure when it is restored.

EUR

Home contents (interior, furniture and there living people’s personal belonging) are movable property located at the insured home.

EUR

In the case of liability insurance we indemnify damage or personal injuries that you have caused to third parties and for which you are liable. Liability insurance also covers claims arising from other damage you have caused in Estonia, if in addition to a building or apartment also home contents have been insured.

Building:
insurable value Insurable value of the structure means the cost of restoring the former condition of a structure, i.e. the reinstatement value thereof. We do not consider the wear and tear of a structure when it is restored.
Home contents:
15 000EUR Home contents (interior, furniture and there living people’s personal belonging) are movable property located at the insured home.
Liability insurance:
15 000EUR In the case of liability insurance we indemnify damage or personal injuries that you have caused to third parties and for which you are liable. Liability insurance also covers claims arising from other damage you have caused in Estonia, if in addition to a building or apartment also home contents have been insured.
Monthly payment:
13.46€
Discount:
0% We offer you a 10% discount on home insurance, if you insure your home property in addition to the building for at least € 15,000.
Monthly payment:
13.46EUR

Calculation includes €15 000 covers for home contents and liability insurance. You can change it in the next step.

Why insure your home with Swedbank?

Convenience – Your monthly payments will be deducted from your current account and your contract will be extended each year automatically.
Broad-ranging cover – All-risk insurance covers just about any event that could cause damage to your home (fires, storms, floods, burglaries, vandalism etc.).
Protection for your property – The insurance covers not only contents inside your home, but also garden furniture, lawnmowers and anything you have in storage.
Liability insurance – Any harm caused to third parties is also covered, such as water damage to a downstairs apartment during renovations, or broken panes in a greenhouse caused by a stray ball.

To enter into an insurance agreement, send us your details and we will get back to you within a week.

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Extra info

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If you have already entered into a new insurance agreement, please forward a copy of the new policy to laenukindlustus@swedbank.ee or by regular mail to Swedbank’s Private Loan Service Department, Liivalaia 8, 15039 Tallinn.

Home Insurance will protect you from unexpected losses in case of different mishaps at home. Get one agreement to insure the building, your personal belongings, and the cases where you cause damage to other people.

Structure insurance will cover unexpected damage caused to your flat or house. It includes cover for built-in furniture (e.g. kitchen), fences, gates, playgrounds, greenhouses up to 20m². In case of damage, your home will be completely restored.
Home contents insurance will cover damage caused to your personal items. It includes theft, burglary and various accidents, e.g. valuable things (electronics, sports equipment, etc.) broken by yourself or your children. There are a few limitations for contents.
Liability insurance will cover damage caused to others. It will come in handy in case you happen to flood your neighbour's apartment, a tree in your yard falls onto the neighbour's house during storm or if your dog claws at your neighbour's car.

We offer proper insurance with all-risk cover: damages caused by all the most common household accidents will be indemnified even if they’re unintentionally caused by you. Any unexpected event is insured, if it’s not mentioned in the exceptions.
We insure the building in its reinstatement value, meaning that it will be completely restored to its pre-event conditions using up-to-date building and furnishing materials.
We offer wide cover for home contents, and let you choose the insurance sum that meets your needs.
We’ll compensate temporary residence rent expenses for up to 12 months. Loss of rent income is also covered.
Insurance is valid for your personal items even outside home anywhere in Estonia.
Our liability insurance is valid anywhere in Estonia, if your insurance contract includes home contents insurance.
The annual premium doesn’t depend on your payment schedule. You can also choose monthly payments.

Cover for lock replacement expenses included if property keys are either lost or stolen or the locks have been damaged by a third party.
You don’t need to provide a list of your home contents items or photos for concluding home insurance.
No requirements to have a home security system.
Insurance is valid for your bicycle or baby stroller, as long as they are locked indoors, or otherwise fixed to an immovable object (e.g. a bicycle rack or a handrail).
Home insurance excess is 190 €. There’s no excess for replacing the locks.
We can’t insure buildings or premises that are used for commercial activity.

Choose covers suitable for your flat or house, its contents and liability and calculate the insurance premium.
Fill in the blanks about the property to-be insured and other contract details.
Pay the first payment to finish concluding the insurance contract in the internet bank.
Insurance cover will come into effect from the date chosen in contract or on the next day after concluding it. The insurance policy is always available in your Internet Bank.

First, make sure to call to the Emergency Centre and notify your property management company or housing association, if necessary. If the situation is safe, please fill in the claim form in the Internet bank as soon as possible.

Fill in the claim form

Our claim handling specialist will contact you and provide further guidance.

If a third party has caused damage to your home or home contents, as well as in a case of theft or burglary, please report it to the police immediately.
In case of fire or explosion, please immediately notify the Emergency Centre.
If you are unable to close off the pipes damaged in the incident, contact the Emergency Centre or your property management company.
If, as a result of water leak, your home is flooded or there’s a risk of flooding your neighbours, please notify your property management company.
Also notify your security service if it has not been alarmed by the security system.

Insure your life if you have close ones you care about, and who depend on your income.

With Casco Insurance you’ll be covered in case of unexpected events on the road.

If you are planning to borrow more than €5000 for home improvement, we recommend taking a look on this loan’s conditions.

Contacts

Swedbank P&C Insurance AS
+372 888 1513
varakindlustus@swedbank.ee

Insurance claims handling

Fill in the application form
+372 888 2111 (24h)