Flat and House Insurance in Slovakia: What It Covers and What It Costs

The neighbours flooded you, a pipe burst, hail smashed the windows, the wiring in the cellar burned out — in Slovakia all of this is dealt with through insurance, and most of these stories end calmly only for those who arranged it in advance. Here is what policies exist, what each of them covers and what the price depends on.

Two different policies that are often confused

In Slovakia, home insurance is split into two separate products, and this is the main thing to understand before you buy.

Poistenie nehnuteľnosti — insurance of the property itself. That means the walls, floors and ceilings, the roof, windows, doors, fitted appliances and the utility systems. Put simply, everything that would stay in the flat if you turned it upside down.

Poistenie domácnosti — insurance of household contents. Furniture, appliances, clothes, crockery, the bike in the storage room, the laptop. Everything you would take with you if you moved.

These policies are sold separately and cover different things. If you only have property insurance and you are flooded and the furniture is ruined, you will not be paid for the furniture.

What property insurance usually covers

  • fire, explosion, lightning strike;
  • flooding, high water, storm, hail, the weight of snow;
  • burst water pipes and water damage;
  • burglary and vandalism;
  • a falling tree or flying objects.

The exact list differs from company to company, and that is where the difference in price hides. A cheap policy is often cheap because flooding or water damage has been excluded from it.

What household contents insurance covers

The same risks, but applied to your belongings. Two points deserve particular attention. First, the limit on valuables: jewellery, electronics and cash are usually not covered in full, but only up to a separate amount. Second, whether belongings in the cellar, storage room and garage are covered, because that is where bikes are most often stolen from.

Liability towards your neighbours

A separate and probably the most underrated item is zodpovednosť za škodu. This covers damage you have caused to other people. The classic case: the hose on your washing machine bursts, the water goes down to the neighbours below and ruins their freshly finished flat. Without this cover you pay yourself, and the sums involved can be unpleasant.

Liability is usually added to a household contents policy for a small extra premium. This is one item you should definitely not skimp on, especially in a block of flats.

What the price depends on

  • the type and floor area of the home and the year it was built;
  • the region — it costs more in flood-risk zones;
  • the sum insured, that is, the value you are insuring for;
  • the size of the excess (spoluúčasť): the higher it is, the cheaper the policy, but the more you pay yourself in each claim;
  • the set of optional extra covers.

If you have a mortgage

With a mortgage, property insurance is compulsory — the bank requires it as a condition of the loan and usually arranges for the payout to go to the bank (vinkulácia). Even so, you are not obliged to insure with the company the bank offers. You can take out the policy anywhere and bring it to the bank, and that is often noticeably cheaper.

Prices for the same level of cover differ noticeably between companies, so it is worth comparing several offers at once: compare offers on Netfinancie.

Affiliate link: if you take out a policy, we receive a commission from the insurance company. This does not affect the price you pay.

Frequently asked questions

I rent a flat. Do I need insurance?

The property itself is insured by the owner. But their policy does not cover your personal belongings — for those you need separate household contents insurance. Plus liability towards the neighbours: if a flood is your fault, you are the one who answers for it, not the owner.

What is spoluúčasť?

The amount you pay yourself in each claim. For example, with an excess of 100 euros and damage of 900 euros, the company pays out 800. The higher the excess, the cheaper the policy.

Can I insure my home if I have a residence permit rather than citizenship?

Yes. Citizenship makes no difference for property or household contents insurance.

How do I work out what sum to insure for?

The sum insured should match the cost of rebuilding, not the market price of the flat. If you set it too low, a large claim will be paid out only in proportion — this is called underinsurance.

See also

This information is for guidance only

This article describes the general rules in force in 2026 and is meant as a rough guide. The exact terms depend on the company you choose and on your situation, so read the conditions before signing a contract and consult a specialist if you need to.

Besides your home, you can also insure your car — read about how KASKO differs from PZP.

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