Compare Home Insurance in Norway

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19 live offers compared from 9 providers, from kr1500 /år. Updated daily.

What is home insurance in Norway?

Home insurance covers the cost of damage to or loss of your home and belongings. In Norway it splits into two main types: building insurance (husforsikring) for the structure of a house you own, and contents insurance (innboforsikring) for your possessions, which is what tenants and apartment owners in a housing cooperative typically need. Policies cover fire, water damage, theft, and often bundle travel and liability cover as well.

How the Norwegian market works

Homeowners of detached houses buy building cover; owners in a borettslag or sameie (housing cooperative or condominium) usually have the structure insured collectively and need only contents cover. A distinctive feature is Norsk Naturskadepool, the natural-perils pool, which means building insurance automatically includes cover for storm, flood, landslide and avalanche damage at a common rate. Contents cover protects belongings against fire, water and burglary, with an excess (egenandel) per claim. Many policies bundle travel and personal-liability cover.

Benefits

Natural-perils cover — Building insurance automatically includes storm, flood and landslide damage through the national pool.

Contents protection — Covers furniture, electronics and valuables against fire, water and theft.

Liability cover — Pays if you accidentally injure someone or damage their property.

Bundled extras — Many policies add travel cover and legal-expenses protection.

How to choose

First identify whether you need building cover, contents cover, or both, based on whether you own a house or live in a cooperative or rent. Set the contents sum insured to reflect the real replacement value of your belongings, since underinsurance reduces payouts. Compare the excess, whether the policy is at new-for-old (nyverdi) value, and which extras such as travel and liability are included. Check exclusions and any security requirements like approved locks.

Leading providers in Norway

Gjensidige and If Insurance are among the largest home insurers. Fremtind (SpareBank 1 and DNB) distributes widely through banks. Frende, Codan, KLP, SpareBank 1 and Protector all offer building and contents cover, often bundled with travel and other insurance for a household discount.

What it costs

Contents insurance for an apartment commonly costs from around 1,500 NOK a year, while building insurance for a detached house is higher and depends on the property's size, value and location. Premiums reflect the sum insured, your excess, the area's risk and any bundled extras. Combining several policies with one insurer usually earns a discount. A higher excess lowers the premium.

Protections and regulation

Insurers are authorised and supervised by Finanstilsynet. The Natural Perils Act underpins Norsk Naturskadepool, ensuring building policies cover natural disasters at a uniform rate nationwide. Policies must follow Norwegian insurance-contract law, and disputes can be taken to Finansklagenemnda. Terms, exclusions and the sum insured must be clearly disclosed.

Common questions

Do I need building or contents cover? Owners of a detached house need building cover; those in a cooperative or renting usually need only contents cover.

Is flood and storm damage covered? Yes, building insurance automatically includes natural-perils cover through the national pool.

Does contents cover include travel? Many Norwegian contents policies bundle travel and liability cover, but confirm before relying on it.

Home Insurance in Norway — FAQ