Hi, as a public loss assessor, this is my daily work, working for companies and individuals and against insurances companies, to indemnify people after large damages ( fire, flooding etc…)
Insurers in France ends to insure private properties by the number of living rooms (or by m2) . The principle is to rebuild the house « as is » five minutes before the damage. There are two options : either « valeur à neuf » or vétusté déduite » let me explain the differences :
in both cases «vétusté » ( obsolescence) is estimated; i.e. assuming a tile roof can last 50 years , if your roof is 25 years old, it is at 50% of its total life time, meaning that the value « after obsolescence » or valeur « vetusté deduite » is 50%
If the cost of a new roof is 100, the insurance company ( for an insurance option « vetusté deduite ») will refund you 50.
if you are insured « valeur à neuf » you would expect to see you roof refunded 100. This is not the case. The insurances companies refund only partially the this obsolescence, generally up to 25 % meaning that in our current case, you would be refunded 50% after the damage and up to 25 more AFTER the rebuilding and under condition to provide the invoice.
The obsolescence is estimated by trade ( roof, walls, electricity, plumbing…)
The content of the house ( furniture, clothing, valuables....) can be estimated nowadays by 15k€ multiplied by the number of living rooms. (outside unusual items like collections, or pianos,or collections of pianos)
In summary you can be insured by a continental insurer assuming you determine the right number of living rooms ( remember that room over 30 or 40 m2 counts for 2) and that you multiply this number by 15k€ to determine the capital insured for the content ( furniture, clothing….) take care to the amount of capital devoted to valuable objets (eg 5% of 45000 is only 2250)
hope you will find this (short) abstract on french insurance helpful, resembler to always be insured Valeur à neuf, to have the good number of living rooms, and to take care to the insured capital.
Should the need arise, in case of large damage, call a loss assessor ( advice is not to contract with the vultures coming on site while the firemen are still there) otherwise you would play with the insurance and theirs experts a game whose rules are not known to you, resulting in a poor indemnification.
for examples you can read my blog of loan assessor here http://expertdassure.over-blog.com/