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Once you've found yourself a home in Sweden, something that can feel like a mission impossible at first, it's time to start reading up on home insurance. Learn more about what home insurance in Sweden is all about, and find and compare popular Swedish home insurance companies.
Tip! Check out our article How To Sign Up For Home Insurance in Sweden: Step-By-Step covering all the steps involved in the process of signing up for home insurance in Sweden.
Hedvig is one of Sweden's fast-growing newcomers in the home insurance market, founded in 2017. A major benefit with Hedvig for newcomers in Sweden is that they, in contrast to most other companies, have their entire website available in English, making it easy to understand the details of your insurance.
Gofido is a newly established Swedish insurance broker founded in 2019, focusing primarily on home insurance and car insurance. Gofido aims to provide a more transparent and customer-centric insurance experience by allowing users to customize their insurance plans to fit their specific needs and only pay for what they own.
Sensor Försäkring is a relatively new home insurance broker (försäkringsförmedlare) in Sweden, founded in 2017 and headquartered in Luleå. The company aims to simplify home insurance by providing clear, affordable, and customized insurance solutions in Sweden for each customer.
ICA provides a range of home insurance options for rentals, condos, houses, vacation homes, and students. The policy covers personal belongings up to 1,000,000 SEK, protecting items like bicycles, strollers, and household appliances, along with assistance for ID theft.
Länsförsäkringar is a customer-owned insurance company that has been a prominent player in the Swedish insurance market since its founding in 1801. With close to 4 million customers, Länsförsäkringar is one of the largest and most established insurance companies in Sweden.
While home insurance isn't mandatory, 97% of Swedes have it, and it's an insurance suitable for anyone in Sweden with their own place, whether you are an owner, tenant, or live in shared accommodation. And on top of unexpected damages or accidents to your home, home insurance also provides protection for your belongings, also called contents or "lösöre" in Swedish, regardless of where you live or your type of housing.
Other key components of home insurance in Sweden typically include:
We are here to help you learn more about home insurance in Sweden, so that you can conveniently compare home insurance companies in Sweden to hopefully find the cheapest option for you, the one with the best coverage, or why not a combination of both? Find, compare and sign up for a home insurance in Sweden that fits your personal needs (and hobbies) best.
While home insurance isn’t mandatory in Sweden, 97% of Swedish households have it, making it one of the most common insurances to have in Sweden. Getting the right home insurance, with the best coverage for you and your stuff, can be beneficial the day life throws the unexpected your way.
When it comes to home insurance in Sweden, you should have home insurance that fits the property type you live in. If you live in a house or a villa, you should get a specific insurance for that (called “Villaförsäkring” in Swedish). It's also important to mention that if you live in an owned house, you also need to have home insurance, in addition to the Villaförsäkring. Some insurance companies bundle Villaförsäkring with home insurance in one plan, called "Villahemförsäkring".
If you live in an apartment you own, you should have specific insurance for that ("Bostadsrättsförsäkring"), and if you live in a rental as a tenant or room mate, you should have specific insurance for that property type ("Hyresrättsförsäkring"). This insurance is not only for apartment rentals, but also the home insurance option when you rent a house or a room.
There are also specific home insurance options if you are a student ("Studentförsäkring") or if you live in a summer house or cabin ("Fritidshusförsäkring").
Choosing the best home insurance in Sweden for your home, belongings, and lifestyle can potentially save you money and spare you from future headaches. Being under-insured or over-insured is not making anyone happy, especially not your wallet, but how do you know how to compare? How do you know which home insurance to get? Here are a few tips to help make your comparison easier:
Start off by assessing the value of your personal belongings, your contents (known as "Lösören" in Swedish). This is a rough estimate you make yourself, and you can also ask to get guidance on the evaluation from the insurance company. The price of your home insurance in Sweden depends on this value, so once you’re done with your evaluation, you can easier compare the different home insurance providers, their coverage limits and price differences.
The inclusion of specific coverages and the need for add-ons can vary greatly between home insurance providers. If you for example want (or need) extended coverage for travel insurance, accident insurance or similar, these are usually added on top of the basic coverage. In your comparison of different home insurance providers in Sweden, make sure to have this in mind, as it might have an impact on your total price. It’s also good to check if you can get any discounts if you have, or need, multiple insurances, and bundle them together with the same insurance provider.
If you look beyond insurance coverage, terms and pricing, it’s usually equally important to find a home insurance company that speaks your language (literally), and that fits your personal needs when it comes to service levels. Do they offer customer support in English? Do they have the support channels you prefer (e.g. email, phone, chat)? Do they offer discounts or loyalty programs? These are all factors that might be of importance to you in your decision.
Find and compare Swedish insurance companies and home insurance plans with help from our guides and info.
Once done, you choose the company and plan that best match your needs, preferences and requirements.
Proceed to see your price and sign up for your plan. Review your terms, and finalize your contract.
When it comes to making complex info easy to understand, few things beat a good ol' table, right? And since we’re always at your service, we’ve created a comparison table with some of the most popular home insurance companies in Sweden and their key terms.
Notice: This comparison was created by settled.se on 2024-12-03, based on publicly available information from each insurance company. It is not an exhaustive list of all home insurance providers in Sweden, and the content and terms of the listed companies may have changed. Settled.se cannot be held responsible for any inaccuracies.
It’s common in Sweden for basic travel insurance to be included in your home insurance. The specific terms, such as the number of days covered, vary between providers, but the most common duration is 45 days.
With so many home insurance companies and different coverage plans in Sweden, each with its own pros and cons, it’s hard to pinpoint one provider that outshines the rest in every aspect. In our research, we look at various home insurance companies and analyze them not only through their policies and terms, but also how suitable they are for newcomers in Sweden. Factors like having an English website or app, along with English-speaking customer support, are key parts of our overall assessment.
As with everything though, it’s generally up to you, your personal needs and preferences to find the best home insurance in Sweden just for you. And even though asking a friend for advice or checking out info online might give you a good hint, it’s important to emphasize that you should always look at your personal situation, available plans and options, and your insurance coverage needs first.
By checking out our insurance comparison at the top of this page, reading the highlights below, and thinking about your needs, you’ll get a solid idea of which home insurance provider and plan works best for you.
When browsing for information about home insurance in Sweden, it's a bonus if you can properly understand and compare your options. If the websites, terms, and customer support are all available in English, it's of course a whole lot easier for foreigners and newcomers in Sweden to be able to properly compare.
Notice: This table was published by settled.se 2024-12-03, based on available information from each home insurance company. The table does not include all home insurance companies in Sweden, and the info may have changed since our publication.
A lot of home insurance companies in Sweden offer their policies with a 365 day binding period. In practise, this means that you're covered for home insurance for a year, and you are not allowed to cancel or switch home insurance during this period. The exception to that would be if you, for example, would move. If so, you are allowed to cancel your home insurance.
There are also home insurance option without binding time, especially among the newer home insurance companies in Sweden. Hedvig is one very popular home insurance option with no binding times. Gofido is another home insurance without binding time, but they have a cancellation period where your plan will end at the last day of the month of you giving notice (1-31 days).
Notice: This table was published by settled.se 2024-12-03, based on available information from each home insurance company. The table does not include all home insurance companies in Sweden, and the info may have changed since our publication.
From a "foreigner-in-Sweden-point-of-view", Hedvig stands out in our home insurance research. Hedvig's website and highly-rated app are both available in English, but you’ll need a Swedish Personal Number and BankID to sign up for Hedvig’s Home Insurance. If you don’t have these, ICA Insurance and Länsförsäkringar may offer alternatives, but you’ll need to call or chat with them to discuss options.
Basic travel insurance coverage is usually included in your home insurance, while all-risk can be either included or an add-on. Hedvig stands out by including both 45 days of travel insurance and all-risk in all their home insurance plans. ICA Försäkring also includes all-risk, and 60 days of basic travel insurance in their home insurance.
Checking out ratings from customers, along with reviews from independent comparison sites, can help you decide which home insurance company and plan to go for. We’ve summed up the ratings from various source of some popular home insurance companies in Sweden in the table below.
Notice: This summary of average ratings for home insurance companies was put together by settled.se on 2024-12-03, using available data from Trustpilot, Konsumenternas, the App Store, and Google Play Store. It is not an exhaustive list of all home insurance providers in Sweden. Settled.se can not guarantee that ratings and reviews from these sources are from actual customers.
Hedvig has a very solid 4.2/5 customer satisfaction score on Trustpilot (~2900 reviews), and the Hedvig app has a 4.3/5 score in the App Store & 4.6/5 in Google Play Store. Gofido is also highly rated with 4.3/5 on Trustpilot, as well as Sensor Försäkring with a 4.0/5 score.
ICA Home Insurance is top-rated with 4.0/5 in Konsumenternas base level content comparison of home insurances. Länsförsäkringar with 3.9/5 is also an option with a high score for their basic coverage plan.
As mentioned before, the cost of your home insurance varies based on the level of coverage you need. It’s recommended not to focus solely on the price and choose the cheapest option when it comes to home insurance in Sweden. While it's great to find affordable home insurance, it should also meet all your personal needs and provide adequate coverage. If your required coverage isn't matched by the cheapest option, you should consider other options, even if they come at a higher price.
It’s also wise to regularly look out for campaigns, compare home insurance providers, and be open to switching. Be mindful of any contract terms to avoid breaching an ongoing contract with your current provider. Some home insurance providers offer policies without contract or cancellation periods, while others have various plans and offers regarding contract duration.
It might also be a good idea to periodically evaluate the value of your belongings. If their value decreases, you might be able to downgrade your coverage and reduce your insurance costs. Conversely, if the value of your belongings increases over time, you may need to upgrade your insurance to have the correct coverage.
In Sweden, home insurance often includes legal protection ("rättsskydd") that can cover legal costs if you get into a dispute, like with a neighbour or landlord.
This also varies depending on home insurance provider and coverage levels, but also on other factors such as the size of your home, the value of your belongings and where in the country you live. You can expect to pay around 150-500 SEK (~€15 to €50) per month for your home insurance in Sweden, but again this can be both higher, or lower, depending on your personal needs and situation. You usually pay less for home insurance when renting a room, and more when owning a house.
Remember to not only look at the price in your comparison of home insurance providers in Sweden, to avoid the risk of not having the right insurance coverage on the day something unplanned happens.
Most insurance companies in Sweden offer discounts or loyalty bonuses, if you for example bundle a bunch of insurances with the same provider. You should also pay attention to time-limited or seasonal campaigns, where you can enjoy discounts for your home insurance.
Some insurance providers also offer referral bonuses, if you for example invite a friend to sign up for insurance, both you and your friend(s) can get a discount on the price. Hedvig, as we wrote about earlier, for example have a referral bonus where you get a 10 SEK discount on your monthly cost for every friend you invite to also sign up for Hedvig. Go to Hedvig Forever to read more.
As with most other services in Sweden, having a Swedish Personal Number as well as BankID is usually required to sign up for home insurance online as well. Some home insurance companies might be ok to sign you up for home insurance without it, but it usually requires you to call the company in person, explain your situation and work out a solution for you. In the table below, we list info about the requirements of having a Swedish Personal Number and/or BankID in order to sign up with some popular home insurance companies in Sweden.
Notice: This table was published by settled.se 2024-11-04, based on available information from each home insurance company. The table does not include all home insurance companies in Sweden, and the info may have changed since our publication.
Compare Home InsurancesSettled.se is a free, independent information and comparison site dedicated to providing newcomers in Sweden with a transparent overview of various home insurance options and companies. With 10+ years of experience in subscription management, we are here to make your transition to Sweden smoother and more informed.
