Domestic credit in Switzerland is covered by domestic deposits which banks use to mobilise from the public. Over the past 10 years, the importance of deposits in mortgage funding has increased. The Swiss Financial sectors have two institutions that issue mortgage bonds on behalf of domestic banks, however, these institutions only have a minor role in refinancing mortgage loans.
Due to state ownership of cantonal banks, government participation in the bank sector is powerful, but the government's participation in the housing market is somewhat meaningless. The federal, cantonal and municipal administrations represents only 4 percent share in the residential units. Re-financing costs of cantonal banks is less because of the state's denotative guarantees. Even market shares show that cantonal banks have no significant advantage over regional competitors in the mortgage market.
International property insurance coverage in Switzerland available for homes including primary home, condo units, vacation homes, investment homes, beach and island property, farms and ranches. The coverage includes fire, all risk, rebuilding costs, rebuilding to code, additional living costs and full replacement costs for contents.
To be of note in the wordings "Swiss Elemental Perils" hail, landslide, floods and rockslide. All risk is available for contractor related risks, coinsurance is not applicable in the Swiss market, blanket insurance on for stocks, most common form business interruption is Swiss and International forms are negotiable, replacement cost is also available.
The two types of insurance policies are buildings insurance which protects damage to structure, fixtures and fittings. Home contents insurance protects damage or loss of the possessions that one would normally take when moving.