Housing cooperative and co-ownership insurance
The insurance is suitable for buildings that form part of housing cooperatives and condominiums. We tailor the insurance according to your needs and can offer a range of coverages.
Anyone in a housing cooperative/co-ownership can report damage
Covers water damage resulting from leaky wet rooms or leaky roofs
Covers accidents during voluntary work, and children under the age of 12 playing in a playground
What is residential building insurance?
Residential building insurance is also called housing cooperative and co-ownership insurance. It provides financial security for many housing associations and is the strongest motivation for taking out insurance. Good insurance covers buildings and property if something were to happen and speeds up repairs after an accident has occurred.
Extra peace of mind with ancillary benefits
The co-ownership or housing cooperative can choose extra coverage that covers board of directors’ liability and legal assistance.
Product information
Residential property insurance and co-ownership insurance (PDF, Norwegian)
What does residential building insurance cover?
| Fire | Standard | Fully comprehensive | |
|---|---|---|---|
Fire | |||
Natural damage | |||
Occupational injury unpaid labour | |||
Theft and vandalism damage | |||
Snow weight and roof landslides | |||
Crushed/cracked building glass and sanitary equipment | |||
Failure of the building's construction | |||
Accident involving volunteers and children under 12 years in playgrounds | |||
Buildings with pipes and equipment | Selected sum insured | Selected sum insured | |
Common items in the housing cooperative/co-ownership | NOK 350 000 | NOK 750 000 | |
Landscaping | NOK 500 000 | NOK 1 million | |
Loss of rent | 20% of the sum insured up to 36 months | 30% of the sum insured up to 36 months | |
Demolition/clearance/destruction | Up to the building’s sum insured | Up to the building’s sum insured | |
Price increase | Unlimited | Unlimited | |
Landlord liability | NOK 10 million | NOK 10 million | |
Public injunction | NOK 5 million | NOK 10 million | |
Value increase | 15% of the sum insured in the agreement period | 15% of the sum insured in the agreement period | |
Freestanding buildings, playground, cycle and postage installations | NOK 300 000 | NOK 300 000 | |
Water damage to adjacent/underlying rooms resulting from leaky wet rooms | Unlimited | Unlimited | |
Water damage caused by leaky roof | Unlimited | ||
Artistic decoration | NOK 250 000 | ||
Machine damage | Unlimited | ||
Board of Directors’ liability | NOK 2 million | ||
Legal aid | NOK 400 000 | ||
Crime | NOK 400 000 | ||
Bed bugs | NOK 200 000 | ||
Pests | NOK 2 million | ||
Consequential damages of builder’s errors for up to 10 years | NOK 10 million |
Residential buildings insurance FAQ
Our non-life insurance products
General liability insurance
Provides cover for liability
Commercial tractor, mobile plant and equipment insurance
Covers commercial plant machinery and tractors
Vehicle insurance
Covers damage to company vehicles
Housing cooperative and co-ownership insurance
Covers unforeseen events in the housing association
Commercial boat insurance
Insures companies in tourism and work boats
Cyber insurance
Secures immediate help in the event of data breaches
Business interruption insurance
Covers damage that affects operations
Asset insurance
Covers damages or accidents related to assets
Crime insurance
Covers financial losses resulting from embezzlement
HGV insurance
Covers the company’s HGVs and covers road assistance
Commercial buildings insurance
Covers damage to one or more buildings you own
Projects and contract works insurance
Covers values related to building and construction sites
Commercial all risks insurance
Covers losses or damage to special equipment and objects
Commercial trailer insurance
Covers commercial van and HGV trailers
Transport insurance
Covers businesses that transport products or assets
Test plate insurance
Covers car dealers for test drives
Provider of the insurance
The insurance is provided by Fremtind Forsikring. In order to give you an offer, calculate the price and buy insurance, DNB will transfer your personal data to Fremtind. You can read more about how Fremtind processes personal data in Fremtind’s personal privacy statement.