Who is responsible for home insurance in a shared flat?

For many students, moving into a shared flat is the first step towards independent life and the beginning of communal living, where you share everything – joys and sorrows alike. However, living with other people also comes with practical responsibilities, one of the most important being to protect your possessions.Learn more about student home insurance

Should I have my own or a shared home insurance policy?

While life in a flat share will bring with it the joys of a shared everyday life, it also means you need to take responsibility for your own belongings. In a shared flat, every resident needs to have their own home insurance policy, because a policy will cover only the policyholder’s own items.

If something happens – who will pay?

Surprisingly many people forget the role that liability insurance cover plays in a home insurance policy. Let’s imagine the following situations: you have borrowed your flatmate’s computer and it breaks, or you accidentally drop someone’s phone to the floor at a student party. Without liability insurance cover, you might end up footing the entire bill. All our home insurance policies automatically include liability insurance cover, which will be helpful when you accidentally cause harm to someone else.

3 key tips for students in a flat share

Get your own home insurance policy when moving in. Everyone is responsible for their own movables.
Choose insurance that includes liability insurance cover. All our home insurance products come with this cover automatically.
Discuss insurance-related issues with your flatmates. A common understanding will help avoid confusion if something happens.

Home insurance protects students’ everyday life

In a shared flat, every resident needs to have home insurance to keep the home contents safe. You should take out home insurance immediately when moving in to a new home. This will allow you to focus fully on the most important things: your studies and student life.

Student home insurance

A new home, a new start – but what if something happens? Home insurance will protect your precious possessions against surprising events.

Maximise your zen. Relaxing is easy when you have insurance with LocalTapiola to protect you. Buy online lahiTapiola.fi to get 30% off on home contents insurance for one year. This campaign runs from 23 June to 30 September 2025. You also get S Group Bonus on your new home insurance.

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