Residential building insurance without deductible for tap water

Oh, someone feels caught. You don’t always get the answers you’d most like to have, especially not when you ask a question that could be answered by just thinking briefly yourself...

If you can't contribute anything constructive, you better stay silent. You already learn that at school.

To explain it constructively: The insurance calculates the risk, and with pipes that are 50 years old, it is very likely that a major water damage could occur sooner rather than later. The insurance benefit to be paid would not even come close to being covered by your contributions, so it wouldn’t be a clever business model for an insurance company. So you will not find an insurance that does not take this into account, that should be obvious to you. Be glad that there is even an insurance offer where the deductible is only 750 EUR. The regular monthly premium is probably also increased. After 50 years you will have to renovate sooner or later anyway, so why not do it now before a major damage occurs? Of course, you might be lucky that everything lasts another 10 years, but then you have to bear the risk of water damage yourself. I bought a house built in 1980 and also had most of the pipes in the walls replaced. Because I don’t want water running out of the wall in the newly renovated bathroom anytime soon. I also had no problem with taking out insurance under these conditions.

Sometimes you really wonder... Someone wants to have nearly 60-year-old water pipes insured with no exceptions and then gets offended when told that this is not possible...

Above all, most insurers have been sorting out contracts in recent years that were concluded before 1975, and where the customer cannot prove that renovations have taken place in the meantime (especially the water pipes; electrical wiring is the second most expensive construction site).

You certainly don't want to bring any time bombs back into the portfolio.

The question I have more for the OP is why he is now looking for a new insurance for the old shack. Usually, the insurance transfers upon purchase.

Has the old insurer perhaps cleaned up its portfolio? :rolleyes: Or presented a new contract with hefty surcharges?