There are two types of damage: property damage and property damage.

Furniture damage is often provided for as "deducted obsolescence" compensation. However, there may be a replacement value clause in the contract for certain goods. The obsolescence can be contractually foreseen by type of goods: for example, it can be envisaged that an obsolescence of 5% per year will be applied to the electrical appliances.

Real estate is in principle provided for obsolescence deducted with a replacement value clause. First, the property is paid after deduction of obsolescence. Then on presentation of proof of reconstruction, the replacement value is paid.

It is important to note that every fire insurance contract is different, so you should read your contract first.