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Insurance terms

These Insurance terms have expired as of 01.10.2023. New terms available here

Omocom Property Rentals 

These Insurance terms are originally drawn up in Finnish. If any translated version of these Insurance terms conflicts with the Finnish language version, the Finnish language version shall be adhered to.



These insurance terms and conditions apply to the customer ("Lessee" or "insuranceholder") who is  entered into a lease for the property with a peer-to-peer service provider  with the owner of the property ("Lessor" or "Beneficiary"). Lessees are used  together with the term "Group" in these insurance terms and conditions.  

Damage caused to the leased property is primarily compensated to the Lessor  insurance of the leased property.  

This insurance replaces the property leased in accordance with these insurance terms  damage to the Lessor from deductible damage or other such  sudden and unforeseeable damage to the lease as defined in the terms of the insurance  other property insurance is not reimbursed and for which the Lessee would be with the Lessor  liable to the Lessor on the basis of the lease agreement entered into.

The service provider, as the group's representative, has entered into a group preference agreement with the insurance company WR Berkley  Insurance AG, Swedish branch (company code 516410-2070), WR Berkley Europe AG  With a Swedish branch, ("Insurer"). According to the group preference agreement, every user who lease the Lessors ’property are members of the Group and are  covered by insurance under these terms and conditions. The insurer's representative and agent in this group benefit insurance is Omocom Ab ("Omocom"), which is registered as a service provider in the register of the Financial Supervisory Authority.

1. Who is covered by the insurance


The insurance is valid for the benefit of the Beneficiary entered in the insurance policy. The insurance is valid only if  if the Policyholder and the Beneficiary comply with the terms of use of the Service Provider. 

2. When is the insurance valid  


The insurance covers damages that occur during the term of the insurance (insurance period).  The insurance is valid for the rental period, if the insurance premium has been paid. The insurance is valid  up to 90 days. 

2.1 Extension of the insurance period 

The insurance period cannot be extended. 

2.2 Termination of insurance 

A member of the group may terminate the insurance at any time by notifying Omocom or the Insurer in writing. There is no right of termination if the insurance period is  less than 30 days. The insurance premium will not be refunded if the amount to be refunded is less than 8 euros.  

3. Where the insurance is valid  

The insurance is valid for damage to the leased property in the Nordic countries.  


4. What insurance covers  

The insurance covers the property and equipment mentioned in the insurance policy as follows: 

4.1 Deductible 

In cases where damage, loss or theft of property belongs to another tenant  covered by property insurance (for example, home, business or motor insurance),  the insurance replaces the Beneficiary's insurance indemnity deducted from the property insurance  deductible up to a maximum of EUR 1,000. 

4.2 Sudden and unforeseen damage 

If the leased property is not reimbursed by the Lessor's insurance under Section 4.1 Deductible  the insurance covers the theft of property in accordance with these terms and conditions,  due to disappearance or other sudden and unforeseeable damage  damage up to a maximum of EUR 3,000. 

The insurance cannot be reimbursed as well as Section 4.1. Deductible that Section 4.2 Sudden and  unforeseen damage on the basis of the same damage event. 

4.2.1 Property excluded from sudden and unforeseen damage

The insurance does not cover the following assets: 

• Caravan & motorhome 

• Motor boat 

• Sailboat 

• Jet ski 

• Medium and heavy truck (weight over 3,500 kg)  


Damage to the property mentioned in this clause that is not covered by the insurance may be indemnified  with deductible compensation in accordance with section 4.1. 

4.2.2 Deductible - only certain assets 

In the event of sudden and unforeseen damage, the insurance applies a deductible of EUR 150 in the event of damage to the following assets: 

• Motorcycle 

• Passenger car, light truck and van 

• Trailer and trailer 

The deductible is paid by the Policy holder who is the lessee.


5. What insurance does not cover 

5.1 War, terrorism and riots 

Compensation shall not be paid for damage the occurrence or extent of which is directly or  indirectly through war, war-like events, civil war, revolution,  rebellion, riot, terrorism, sabotage or unauthorized power  activities or related to them. 

5.2 Scratches, wear and damage caused by slow - moving events

Compensation will not be paid for damages caused or resulting from 

• change due to age 

• change in color or shape 

• rubbing 

• wear and tear

• mold 

• coating 

• inadequate maintenance or care 

• other damage that does not affect the operation of the property, such as superficial  scratches and bumps 

5.3 Consumables and natural wear 

Insurance does not replace 

• damage to consumables or consumables 

• natural wear and tear due to use or aging 

However, this restriction shall not apply in the event of fire damage or if the Beneficiary or  The policyholder can prove that the damage was caused by a sudden and unexpected  for an external reason, regardless of whether the property has been in use. 

5.4 Fraud, embezzlement or similar property crime 

Compensation is not paid for fraud, embezzlement or similar property crime  damage caused. 

5.5 Force majeure 

The insurer shall not be liable for any loss which may arise if the claim,  payment of compensation or restoration of damaged property is delayed  for the following reasons 

• war, war-like event, civil war, revolution, rebellion or riot 

• labor market dispute - also applies if the insurer has taken action  industrial action 

• confiscation or nationalization 

• seizure, destruction or damage to property by the government or  by order of the competent authority. 

5.6 Supplier Warranty 

The insurance does not cover defects in property that the supplier or other party is  liable under any special law, warranty or other similar obligation. Compensation  however, may be performed if the Policyholder or Beneficiary can demonstrate that:  the person responsible will not compensate or pay for the damage. 

5.7 Liability to third parties 

The insurance does not cover liability to any lessee of the leased property or the lessee the other potential user of the property has against third parties. 

5.8 Excluded assets 

The insurance does not cover the following assets, including equipment for such assets:

• Aircraft, including drones 

• Weapons and weapon parts 

• Jewelry, genuine pearls, precious stones and watches 

• Already damaged property 

• Live animals 

• Tobacco and alcohol 

• Cash and securities 

• Antiques


6. Duty of care  

The Lessee and the Lessor shall, as far as possible, prevent damage  birth.  

During transport, the property must be packed and protected in such a way as to minimize the risk of damage  small.  

The vehicle or trailer must be locked as well as the windows, doors and other items in question  access routes must be locked. The property must be separately locked when stored  ns. in common areas accessible to, for example, residents of a housing association. 

Jewelry or other valuables or prone to theft must not be left in the vehicle or trailer  objects unless they are there in a separately locked state.


The keys must not be left or hidden in the vicinity of the vehicle or trailer or their storage rooms. 

The names and address must not be marked on the keys, which can already reveal the property to the key finder  location. 

The lock must be replaced or re-serialized immediately if the key is lost to outsiders  taken over. 

To prevent damage from theft, the keys must not be kept visible or unlocked  in a place where the bystander knows in advance or can assume that the keys are present.  


7. Notification of damage  

Damage must be reported to Omocom as soon as you become aware of the damage. The announcement is made  Through the application of the service provider or a notice on its website. If you have any questions, please contact us at: +46 8 520 278 70 or by email  at: 

In the event of damage, you must provide 

• a completed claim 

• a copy of the crime report in case of theft or other crime 

• a copy of the receipt or other proof of purchase 

• a copy of the primary property insurance company's indemnity decision 

7.1 This will compensate for the damage 

Once you have notified Omocom of the damage, Omocom will decide how to compensate for the damage.  Damage can be compensated by repairing the property, replacing the property with similar property or cash compensation. If repairs are made, Omocom has the right to decide  repair method. 

If Omocom has agreed that the damage will be repaired, please contact us for trust  to the workshop you are looking for and ask for a quote from Omocom. Omocom has  then the right to decide where the property will be repaired or where it will be purchased. Property  as the owner, you must, with Omocom 's consent, order the repair and accept the work done, or  complain about it.

For small operations such as self-repair, washing of textiles and small  compensation may be paid for self-employment. My own work means  material costs and fixed costs of time spent on work. 

When repairing, priority must be given to the parts used. If there is no market  available for the used part at the time of compensation, you can receive compensation for the amount that  the part used would probably have paid off. 

If the items are not repaired, Omocom will consider the pre-injury market value and  the difference in market value after injury, ie impairment. At market value Omocom  means what it costs to buy a similar property in the same condition as  damaged, or if it is not available for purchase, what it would probably have paid if it did  would have been available for purchase. 

If you do not follow Omocom's instructions above, the insurer's liability will be limited  costs that would have been incurred if the instructions had been followed.  


8. Damage assessment rules 

8.1 Depreciation of age 

Damage to or loss of property is valued at the amount by which the property  restoration pays for its fair value. Fair value means  the value of the property, taking into account the age and condition of the property at the time of the damage.  

The property is valued according to the table below. Omocom bases its assessment on what  in a transaction deemed to be normal, the purchase of new equivalent assets will pay if  the property would be available for purchase or what it would probably have paid for. From this price Omocom  makes depreciation due to age, wear, pattern changes and / or other conditions. Depreciation  are taken into account in the Insurer's liability.


For items not listed in the table or if a valuation according to the table comes  unreasonable, the value of the asset is determined using available valuation tools such as marketplaces and object appraisal services. 

8.2 Participation in damages proceedings 

You must contribute as much as possible to the event of injury  be clarified as soon as possible. In particular, you need to provide those explanations and  information that may be relevant to the treatment of the damage. You have to answer in particular questions raised by the claims officer. If the Insurer suffers damage  due to your non-participation, your compensation will be reduced according to the circumstances  can be considered reasonable. The insurer always has the right to take over the indemnity  property. If you get back property for which you have received compensation, you will need to return it  immediately to Omocom. 

8.3 Causing insurance events 

The insurance is not valid if you have intentionally caused damage or aggravated the damage consequences. If, instead, you have caused damage or aggravated the consequences of the damage  gross negligence, compensation may be reduced. The same is true if you have acted or knowing that there is a significant risk of injury. 

8.4 Incorrect information in the event of damage 

If you or someone else seeking compensation after an injury is intentional or aggravated negligence fraudulently disclosed, concealed or concealed any of this insurance relevant to the assessment of the right to compensation under this Regulation, compensation may be reduced or may be waived in full. 

8.5 Damage inspection 

The insurer has the right to inspect the damage, so we ask you to keep the property until the damage is settled.  


9. Limitation Period  

Anyone wishing to obtain insurance indemnity or other insurance coverage must notify Omocom no later than one year after the claimant has become aware of the insured event  and the consequence of the damage caused by the insured event. A claim for compensation is which  within ten years of the occurrence of the insured event  after the damage has been discovered, or else the right to compensation will be lost.  


10. Right of withdrawal  

From the moment the Insurer has paid the indemnity, your right to claim  compensation from you will be transferred to the Insurer.  

11. Insurer  

WR Berkley Insurance AG, Svensk Filial, 516410-2070, branch office of WR Berkley  Europe AG 

Birger Jarlsgatan 22 

114 34 Stockholm 

Phone: 08-410 337 00 




WR Berkley Insurance AG is supervised by the Finnish Financial Supervisory Authority.  


12. Insurance Contracts Act


In other respects, the provisions of the Finnish Insurance Contracts Act (543/1994) apply to this insurance

13. Personal Information  

Both Omocom and the Insurer process personal information under the General Privacy Policy  (GDPR), other relevant legislation, government regulations and each company  in accordance with the information on the processing of personal data provided on its website (see, and Contact us if you want  that you will be sent the business information of each company.  

14. If you are dissatisfied with the compensation solution  


First - contact Omocom 

If you are not happy with the decision made in your case, you can always ask for a decision  to be re-evaluated either by contacting Omocom for a possible misunderstanding  or by writing to,
  more information on Omocom's website.  


Birkagatan 1 

113 36 Stockholm 

Phone: 08-520 278 70 



Consumer Disputes Board or District Court 

If the matter has been reopened and you are still not satisfied, you have the opportunity to turn around  to the General Consumer Disputes Board, which handles complaints from individuals free of charge. An appeal against the insurance company's decision must be made within three (3) years of receiving it in written information about our company decision and the mentioned three-year deadline. 

Consumer Disputes Board 

Hämeentie 3 

PL 306 

00531 Helsinki 

Telephone: 029 566 5200 (exchange) 



An appeal can be lodged with the Helsinki District Court.  


15. Glossary - Definitions  

Consumer goods 

Fuels and lubricants, cloths, outer and inner tubes, covers, filters, ropes, seals,  belts, chains, stones, tracks, conveyor belts, conveyor plates, wires, rollers and other  materials intended to be used in a considerably shorter period than the property,  for which the material is used.  


Beneficiary / Lessor 

The person who leases the insured property mentioned in the insurance policy. Phone: +358 2724 9199 Birkagatan 1, 113 36 Stockholm  


Policyholder / Tenant 

A person who has entered into an insurance contract with an insurer.  


Insurance contract 

The contract for each insurance, applicable to each insurance and containing:  the application to join the insurance, the insurance conditions in force at the time,  taking into account the latest insurance policy, the Insurance Contracts Act (543/1994) and Finnish law  provisions in general.  


Sum insured 

The amount to which the Beneficiary is entitled in the event of an insured event.  


Insurance policy 

A document drawn up as soon as the declaration has been notified or amended and contains the information  the scope and duration of the insurance, the fundamental rights and obligations in relation to the insurance and the important limitations of the insurance cover.  


Insurance event 

An event or events or damages that may entitle you to pay for insurance  insurance indemnity.  



An entity that has entered into an insurance contract with a policyholder and is liable  to pay the insurance indemnity in accordance with the insurance contract.  


Insurance period 

The period for which the insurance is valid and for which the insurance premium has been paid.  


Representative of the group 

The party who has entered into a group agreement with the insurer.  


Group agreement 

An agreement between an insurer and a group representative that governs what insurance coverage applies  Group members have the opportunity to apply. An existing group agreement is a precondition for:  individual insurance contracts may be concluded in accordance with these insurance terms and conditions.  


Member of the group 

The party belonging to the group who is entitled to apply for insurance can be determined in advance. Here in this case, the group includes all those who have leased the Lessor's property  On the platform provided by the service provider.  


Wearing tools 

Molds, knives, crushing tools, drills, crimping and punching tools, shafts and others on the market  available standard tools.

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