What are the different insurance options available?
AXA Luxembourg's OptiHome home insurance covers the main risks, such as storms, water damage, fire and theft.
To be protected in the event of a natural disaster - flood or earthquake - you can add the Sérénité Max option to your second-home insurance policy.
What are the common exclusions in second home insurance policies?
At AXA Luxembourg, OptiHome home insurance offers identical cover for both primary residences or second homes. The only exception is valuables. Jewellery, works of art, carpets and collections should not be kept in a second home that is occupied on an irregular basis. Theft of these items is not covered in a second home.
The following are considered to be "valuables":
- Jewellery and watches with a unit value of more than €750, or a total value of more than €2,500;
- Period furniture, works of art (paintings, sculptures, etc.), carpets, old books, collections and any other rare or precious objects with a unit value of more than €2,500.
Can I insure my second home with non-occupant homeowner insurance?
If you can use your second home whenever you want, then you are considered to be an owner-occupier.
Non-occupant homeowner insurance is designed for homes occupied by anyone other than the owner. In other words, a home that is rented out (lease) or occupied free of charge (by the owner's children, for example).