Property insurance in France: owners, landlords and co-ownerships
Property insurance covers different needs for an owner-occupier, a landlord, a co-ownership or an investor. Lev Assurances helps you tell apart the covers for the home, the owner’s liability, rental risks and the financing of your project.
- Owner-occupiers and landlords
- Co-ownerships and investors
- Property insurance and financing
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Which insurance for your situation?
- I live in my home: home insurance
- I rent out my property: non-occupant owner
- I secure my rent: unpaid rent
- I manage a building: building liability
- I am buying: mortgage and borrower insurance
Insurance suited to your role in the property
Property insurance is not just about insuring the walls. An owner-occupier needs cover suited to their home, while a landlord must take into account the risks of renting out. Home insurance and non-occupant owner insurance therefore address different situations.
In a buy-to-let investment, protecting your assets can also include unpaid rent, the landlord’s liability and the consequences of certain claims. Unpaid rent insurance can cover part of these rental risks, depending on the contract terms and the tenant’s profile.
For a building or a co-ownership, needs change again. Building liability for owners and managing agents covers risks linked to ownership and building management. It replaces neither each occupant’s insurance nor the specific covers of a unit owner. If works are planned, see also our construction insurance guide.
Finally, a property project often involves financing. Mortgage borrower insurance guarantees loan repayment in the situations set out in the contract, while a mortgage loan finances the project itself. Looking at the property, the owner’s status, the type of occupancy and the financing together avoids both overlaps and gaps in cover.
Solutions for your property
Non-occupant owner insurance
Landlord insurance (PNO) protects the owner who does not live in the property, whether it is let, vacant or occupied by a third party.
Unpaid rent insurance
A cover that helps the landlord secure rental income, under the terms of the contract.
Home insurance
Home insurance protects the dwelling, its contents and the liability of its occupants, depending on the covers chosen.
Building liability: owner and managing agent
The civil liability linked to the ownership or management of a building by an owner or managing agent.
Mortgage borrower insurance
Borrower insurance guarantees repayment of the mortgage in the event of death, disability or incapacity, depending on the covers taken out.
Mortgage loan
Financing a purchase, a main residence or a buy-to-let investment, after review of your situation.
How to define your property insurance needs
Clarify your status
Owner-occupier, landlord, investor or co-ownership: your needs depend first on your role.
Describe the property and its use
House, flat, building, let or vacant: the type of property and its use guide the covers.
Identify the risks to cover
Damage to the home, liability, letting, borrowing: each risk is reviewed before being coordinated with the others.
Check your contracts are consistent
The aim is to avoid overlaps while spotting the risks your current contracts do not cover.
Review your property insurance with Lev Assurances
Are you an owner, a landlord, an investor or preparing a property purchase? Tell us about your property and your project: the firm will review the suitable solutions.
Frequently asked questions
Which insurance for an owner-occupier?
An owner-occupier needs home insurance suited to the property, its contents and the covers sought. In a co-ownership, it comes on top of the building’s insurance.
What is the difference between home insurance and landlord (PNO) insurance?
Home insurance covers the home occupied by the policyholder. Non-occupant owner insurance protects an owner who does not live in the property, whether let or vacant.
Can a landlord insure against unpaid rent?
Yes. Unpaid rent insurance can cover this risk for the landlord, subject to the contract terms, in particular regarding the tenant’s solvency.
What is building liability for owners and managing agents for?
It covers the liability of a building owner or managing agent for damage caused to third parties by the building or its management.
Is borrower insurance part of property insurance?
It is linked to financing the property and covers risks concerning the borrower. It is separate from the insurance covering the home or the building.
How do I request a review?
Give your status, the type of property and its use on the quote page, or call the firm on +33 1 41 81 60 94.
Insuring the property, the owner and the financing
Whether you live in your property, rent it out, manage a building or finance a purchase, several covers can complement each other. Lev Assurances helps you identify the relevant contracts — Lev Assurances, broker registered with ORIAS no. 24001858, supervised by the ACPR (French Prudential Supervision and Resolution Authority).