It ensures payment of compensations for losses or damage caused to private use housing, including all garages, outbuildings, tennis courts, pools, wells (including pumps and engines), saunas, walls, gates and fences, driveways or tarred, paved or built yards with tiles, groundwater, gas pipes and sewers and phone and power lines, fixed objects and landlord accessories built and located inside or overground caused by fire, explosions, lightning strikes, storms, flooding, cyclones, landslides and other natural elements.