Enjoy peace of mind in your new home with Homebuyer Protection
Homebuyer Protection Insurance is provided by Gjensidige, one of IDA Forsikring's trusted partners. Gjensidige handles both advice and cover. Please remember to attach a valid building condition report and an electrical inspection report when applying.
Why you should have homebuyer protection insurance
Investing in homebuyer protection insurance as a homebuyer is a decision you'll be grateful for. Here are the top three reasons why.
Protection against hidden faults and defects
If you discover concealed damages, faults, and defects not mentioned in the condition or electrical installation report, you are covered, and the repair costs are included.
Cover of legalisation of installations
You receive financial assistance to cover expenses for rectifying or legalising illegal or defective electrical and plumbing installations in your home.
Cover of costs for contaminated soil
If the soil on your new property is contaminated, you are well covered. Here, you get expenses for soil investigations and remediation covered up to DKK 500,000.
Multiple advantages of having homebuyer protection insurance
Homebuyer protection insurance acts as a financial safety net when you buy a home. It provides numerous other benefits for your peace of mind:
- You receive extensive and flexible coverage.
- The insurance protects you from the day you take over the property.
- You can choose an extended homebuyer protection insurance policy.
Discovering damages and faults in your newly purchased home can be unsettling. But with homebuyer protection insurance, you are well protected against a prolonged financial setback.
Quickly secure one of the best insurance policies on the market
Booking one of the best insurance policies on the market is straightforward. Through our collaboration with Gjensidige, IDA Forsikring ensures our members enjoy competitive prices in Denmark.
Contact Gjensidige's expert advisors at 88 18 67 37.
How homebuyer protection insurance covers you
You can choose your homebuyer protection insurance in two variants: standard and extended. You can choose coverage for 5 or 10 years.
Refer to the table below to understand the extent of your cover.
For more details on various covers, consult Gjensidige's product description.
Homebuyer protection insurance
What you should know about the coverage
Our insurance protects against hidden damages, faults, and defects not outlined in the electrical or condition report. However, it does not extend cover to anticipated defects and damages related to the house's age, condition, and construction method.
This includes moisture in an older basement, creaking floors in an ageing house, or maintenance on an old roof.