Holiday home insuranceHome insurance also for your holiday home
Holiday home insurance for your needs
Your holiday home or summer cottage is always insured for its true value, as our insurance takes into account the floor area and the building’s features. You do not need to determine the building’s value when taking out a holiday home insurance as we will only assess it if a loss occurs.
Cover for outbuildings and wells
The holiday home insurance also covers wells and the related equipment as well as outbuildings with a floor area of less than 12 m2, up to a total of EUR 7,000. However, sauna buildings must be separately insured.
Owner-customer’s deductible benefit EUR 250
As an OP cooperative bank owner-customer, you get a deductible benefit of up to EUR 250 for coverable losses arising from fire, natural phenomena or crime, lowering your deductible to as little as EUR 0. As an owner-customer, you also get discounts and earn OP bonuses from insurance policies.
We compensate approximately 10,000 losses caused by crime each year
Worried about burglars? Crime cover for your holiday home insurance covers losses caused by theft, robbery, burglary and vandalism. We compensate as many as 10,000 losses arising from criminal act committed against holiday homes, other buildings and movable property each year.
What does a holiday home insurance cover?
A change of scenery does good sometimes, and many people head for their holiday home whenever possible. Home insurance for a holiday home covers both the building and its contents when you are visiting it and when it is empty. You can tailor your holiday home insurance to your needs, as you can choose the coverage and deductibles.
Holiday home insurance compensates losses caused by, for example, burglary, fire or storms. If your holiday home has an air source heat pump or running water, we also recommend cover against machine breakage and pipeline leakage.
Insure the sauna and other buildings in the yard, too
Most cottages also have a sauna, and a range of other buildings. A sauna building will always need insurance of its own. Other buildings in the yard must be insured separately when their floor area is more than 12 square metres or their value more than 7,000 euros.
Home insurance for a holiday home covers automatically for up to 7,000 euros any root cellars of a maximum of 12 square metres, open shelters and light-weight buildings and other ordinary fixed structures, such as a fence and a flagpole. You can insure the movable property of buildings on the yard of a cottage as the movable property of the main building, i.e. the cottage. However, make sure that the maximum compensation for the movable property of the main building is sufficient to cover the entire movable property on the yard.
A summer cottage or holiday home may attract some uninvited visitors. Holiday home insurance will cover you against burglary and theft.
Keep your holiday home insurance up to date
Remember to update your holiday home insurance if, for example, you buy new things for it, and as a result the maximum compensation you chose is not enough. Whatever the value of your property, remember to store it properly, and never leave it in your car or tent, for example, without supervision.
Your holiday home insurance needs updating also if you build a closed veranda or closed glass terrace, because they increase the total floor area. Total floor area refers to the floor area calculated in the basis of the building’s exterior dimensions, and this must always be up to date for your insurance. The floor area is calculated separately for each floor and added up.
The product details on this page apply to the presently offered MyHome home insurance. The insurance is issued by Pohjola Insurance Ltd. OP cooperative banks act as representatives of Pohjola Insurance.
To view the terms and conditions of your home insurance, visit the Omat vakuutukset (in Finnish) section in the op.fi service