But what if you have acquired a property with the intention of renting it out? In this case, you are not actually required to provide accommodation because it will be your tenant to take out home insurance. However, it may be a good idea to take out home insurance (PNO). This PNO insurance is particularly useful for covering risks that are not covered by the tenant’s home insurance if they have taken out minimum coverage. So often, tenant’s home insurance does not cover damage to the owner-occupied flat (common parts of the building) or neighbours.
In addition, this insurance also covers you during periods of vacant tenancy, which can leave your apartment empty and uninsured… but also vulnerable to external damage, such as a water leak at the neighbors upstairs, for example. To avoid any unpleasant surprises, it is therefore more sensible to use this insurance, with guarantees the recourse of neighbors and third parties.