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Old 22.08.2018, 11:27
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Re: ECA (as in eca-vaud.ch)

You still don't get it. It is not like you cap the total possible damage and payout, but you value each and every item bellow its actual value. Even if the damage is bellow the insured sum the payout will be adjusted and pro rated.

See for example Art. 14 of the terms and condition of the Zurich content insurance. Note, first-loss is used for simple theft (see. Art. 401, 402 and 110.1.3 which is neither robbery nor burglary)
https://www.zurich.ch/-/media/zurich...ance.pdf?la=en

Zurich does not raise objection and adjustment based on underinsurance in case the claim is less than 10% of the insured sum or CHF 30k (whichever is smaller).
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  #42  
Old 22.08.2018, 13:30
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Re: ECA (as in eca-vaud.ch)

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Actually it is the otherway round. The landlord has an obligation to provided the tenant an apartment in working and good condition. If a natural disaster happens the landlord must fix the issue or the tenant can reduce rent (by following the procedure set by law, which means first writing a registered letter with a deadline, if it passes w/o any action opening an escrow account with rental court and than pay the withheld rent into it)

Same when a burglar breaks into the flat. Damage on the property is the landlords problem and they have to fix a broken window or door at their own cost ASAP.
Great, that means I pay 100chf a year for almost nothing The only thing I would miss from a demolished apartment is personal data (documents, digital data). Sure, I have a digital backup stored out of my apartment but still it's not everything...

but then I would like to see a spreadsheet from anyone who claims his/hers insured items are worth hundreds of thousands, except if we are talking about art or rare collections. Oh man, these days things are so cheap!
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Old 23.08.2018, 10:00
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Re: ECA (as in eca-vaud.ch)

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Great, that means I pay 100chf a year for almost nothing The only thing I would miss from a demolished apartment is personal data (documents, digital data). Sure, I have a digital backup stored out of my apartment but still it's not everything...

but then I would like to see a spreadsheet from anyone who claims his/hers insured items are worth hundreds of thousands, except if we are talking about art or rare collections. Oh man, these days things are so cheap!
I presume a lot of people use the calculators on the insurers' website, which probably assumes you have the most expensive in everything, so you're on the safe side when having to make an insurance claim (and subsequently, it pushes up the premium).
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