TheHausbauer
2023-04-03 10:22:19
- #1
We have bought an old house with a very old residential building and fire insurance (2 separate contracts). The demolition is scheduled to begin in the next few weeks (radiators have already been removed and the clearing out is also done). However, after the interior demolition, there will be a break of about 3 months because the neighbor's power supply still needs to be switched via the roof truss and the electricity provider takes a very long time for that. The insurance letter arrived over the weekend with a note on the special termination right one month after the land register entry or receipt of the letter. Does it make sense to keep the residential building insurance (water damage, storm, hail) in place until the complete demolition (since you can definitely get out of it then)? I would have kept the fire insurance because in the event of a fire, the disposal of the construction debris is probably quite expensive.