Whether you own or rent, unforeseen circumstances (such as damage or loss) associated with a home, home, or apartment usually cause the greatest financial and emotional damage.

Property insurance: insurance of an apartment, house, decoration or liability to neighbors

Whether you own or rent, unforeseen circumstances (such as damage or loss) associated with a home, home, or apartment usually cause the greatest financial and emotional damage. In addition, problems with plumbing, electrical wiring, or a broken washing machine hose can cause damage not only to the owner or tenant of the apartment, but also to his neighbors.

If you want to be calm about your or rented property, insure your apartment, house, decoration and liability to neighbors by choosing the appropriate apartment insurance, home insurance or civil liability insurance to neighbors. Personal property insurance is available online on our website.

You can insure an apartment, house, property, decoration and liability to neighbors by purchasing a comprehensive or separate home insurance policy

Protecting your own or rented apartment

Insure your property, its decoration and household contents against fire, flood, robbery, and burglary. In this case, you will choose the amount for which you want to insure your property from the three available insurance options.

Are you afraid that your neighbors' apartment may be damaged due to your fault? A property insurance policy (home insurance) may cover this damage as well.

Insuring an apartment is very simple - buy the AlfaREMONT policy online directly on the website. After online payment, the policy will be immediately delivered to your e-mail. Buy a policy

Protection of liability to neighbors

According to statistics, flexible hoses break down approximately once every 2 years, leaks of household appliances (washing machines and dishwashers) occur once every 3 years, batteries can break in the very first heating season after repairs are completed. All these troubles cause damage not only to the person in whose apartment the accident occurred, but also to the neighbors, and you have to pay not only for the restoration of your repairs, but also for the damage caused to the apartment and the property of your neighbors. This is especially true for those who plan to rent or rent an apartment.

A Good Neighbors liability insurance policy will help you avoid unexpected costs associated with damages to your neighbors. A year's worth of neighbor liability insurance costs less than your monthly utility bill. Paying from 750 to 3000 rubles. per year, depending on the amount for which you want to insure civil liability to your neighbors, you can safely go on vacation, rent out your apartment, or just go to work, without fear of circumstances that can not only cripple your family budget, but also quarrel with neighbors. Buy a policy

Municipal home insurance program

Preferential insurance for an apartment or room in a communal apartment located in the Northern Administrative District or Closed Administrative District of Moscow.

By becoming a participant in the preferential municipal home insurance program, you will no longer have to worry about damage to the finishing, utilities and walls of your apartment. You can protect your home without leaving your home by including the insurance premium in the Unified Payment Document, which you receive monthly to pay utility bills. The insurance certificate will be sent to you by mail. Buy a policy

Mortgage insurance programs

Comprehensive mortgage insurance

An important feature of a home loan is its long repayment period, sometimes reaching 20 years or more. Imagine how many unexpected things can happen during this time! With a mortgage insurance policy, you will not have to worry about losing your home if you are unable to pay your debt to the bank for some time.

Individual insurance for an apartment or house

If you want to insure a house or insure an apartment on individual terms, the AlfaKvartira apartment insurance program and AlfaCOUNTRY house insurance program are suitable for you. Just fill out a few fields in the form or call 24/7 at 8 800 333 0 999 and property and property insurance specialists will help you choose the most attractive conditions and cost of insuring your home.

Title insurance

Title insurance (title insurance) is insurance against the risk of loss of real estate as a result of termination of ownership of it in whole or in part. This type of insurance protects the owner of real estate from invalidation of a real estate acquisition transaction or claims from the former owner for the return of property that was taken away from him against his will.

5 reasons to buy a home insurance policy from AlfaStrakhovanie

Speed and Convenience

Speed and Convenience – apartment insurance and home insurance online.

Property insurance for individuals wishing to protect their home is available online. In order to insure a house or apartment, you do not need to come to AlfaStrakhovanie. You can buy a real estate and civil liability insurance policy to your neighbors on our website. Insurance of your apartment, house, property or civil liability paid for online will be sent to the specified email address.

Wide choose

Wide range of property and liability protection options.

When purchasing a home insurance policy, no matter if it is an apartment or a house, you can choose insurance with the most relevant real estate insurance options for you. Not only the owner of an apartment or house can insure housing or liability to neighbors. If you rent an apartment or cottage, you can easily purchase real estate, property and civil liability insurance.

Professional help

Professional assistance in choosing apartment, house or civil liability insurance.

Don't have time to compare the benefits of property insurance programs or have questions about home insurance? Simply fill out the form on the website, and property, real estate and civil liability insurance specialists will help you choose the necessary insurance.

Efficiency of service

Prompt service for owners of home insurance from AlfaStrakhovanie.

In the Civil Code of the Russian Federation, property insurance means the process of concluding and executing contracts in which the insurer, for a certain premium, undertakes, upon the occurrence of an insured event, to compensate the policyholder or another person in whose favor the contract was concluded for losses caused to the insured property or other property interests of the policyholder.

This line of insurance is intended to cover the following risks1:

destruction, damage or partial loss of insured property;

non-receipt or shortfall in expected income due to partners’ violation of their obligations or for other reasons, i.e. financial risks;

the occurrence of civil liability to third parties in the event of harm to their health or damage to their property or other interests.

Under a property insurance contract for individuals, only the first of the above risk classes can be insured. The types of risks against which insurance is carried out are diverse, usually the following groups are distinguished:

1) property insurance against fire and natural disasters (fire insurance);
2) property insurance against accidents;
3) insurance of property against theft and other malicious actions of third parties, etc.

Types of risks against which property or property interest can be insured:

insurance of personal motor vehicles;

insurance of residential premises (apartments or rooms in urban areas);

insurance of buildings (dachas, cottages, bathhouses, etc.);

insurance of home and other property;

electronic equipment insurance

Insurance companies do not accept for insurance items belonging to individuals: cash, securities, manuscripts, drawings, photographs, documents, models, layouts, indoor plants, seedlings, seeds, outbred cats and dogs, aquariums, indoor birds, as well as property located in common areas (basements, corridors, staircases, etc.).

Property located in an area threatened by a natural disaster (of which the population has been notified accordingly), as well as property located in emergency buildings and structures, are not insured.

Property insurance is based on the following basic principles.

The principle of mandatory insurable interest is that an insurance contract can be concluded in favor of the policyholder or beneficiary if they have an interest based on law or contract in preserving certain property.

Citizens may have insurable interest in property:

located in their property, possession - on the basis of the Constitution of the Russian Federation, the Civil Code of the Russian Federation;

belonging to civil servants - on the basis of relevant laws and regulations on compulsory insurance of their lives and property;

being at the disposal (use) of someone else's property - on the basis of lease agreements, financial leasing, property lease, joint activities or property used by proxy;

transferred (received) as collateral - on the basis of an agreement and the norms of the law.

The principle of the highest integrity is associated with the obligation of the insurer and, especially, the policyholder to be completely honest with each other regarding facts of material significance. The insurer has the right to refuse to pay insurance compensation if the policyholder has provided incomplete or unreliable information that affects the risk assessment.

The principle of compensation is manifested in the fact that in property insurance the policyholder has the right only to compensation for damage, but not to profit. Risk insurance (a type of which is property insurance) ensures that the insured's income remains at the same level and does not contribute in any way to improving his financial condition.

The principle of direct cause is that the insurer pays insurance compensation only if the risks specified in the contract are realized (if, for example, a contract was concluded to insure household property against fire, and it was destroyed during an attempt to steal it, then this case is not insured).

The principle of subrogation (recourse of claim) is implemented when the right of claim against the causer of harm is transferred to the insurer after the insurer has paid compensation to the policyholder in connection with the insured event.

The principle of indemnity is associated with the existence of certain settlement relationships between insurance companies in the process of compensation when double insurance is identified. The essence of double insurance is to insure the same property interests against the same risks with two or more insurers for a total insured amount exceeding the actual value of the property. If the purpose of double insurance was to obtain illegal income, then such contracts may be declared invalid by the court. In this case, the insurance premiums paid by the policyholder remain with the insurers. Sometimes double insurance occurs due to an error, for example, a policy that covers goods in one location overlaps with a policy that covers the insured's goods in all locations. In this case, if the fact of double insurance was discovered before the insured event, the policyholder may terminate the later contract. If the fact of double insurance becomes known after the insured event, then insurers must pay insurance compensation in such a way that its total amount does not exceed the amount of damage. To do this, they share the damage among themselves, while the policyholder is reimbursed for the corresponding part of the overpayment of premiums.

When the insured insures property against various risks under several separate insurance contracts (including with different insurers), the total insured amount for all contracts is allowed to exceed the insurance (actual) value.

Problem #6

The company's property is insured under a proportional indemnity system. The insured value is 100 million rubles. Sum insured - 80 million rubles. Unconditional franchise - 1 million rubles. What will be the insurance compensation for damage equal to 70 million rubles? What compensation will the insurance company pay for damage of 900 thousand rubles?

According to the proportional compensation system, the enterprise will receive: 70 million rubles. * 80% = 56 million rubles.

In the second case, the company will not receive compensation for damage, because the amount of damage is less than the unconditional deductible.

In the field of property insurance, the first industry to emerge was the protection of material wealth of individuals.

Dear readers! The article talks about typical ways to resolve legal issues, but each case is individual. If you want to know how solve exactly your problem- contact a consultant:

APPLICATIONS AND CALLS ARE ACCEPTED 24/7 and 7 days a week.

It's fast and FOR FREE!

Personal property insurance is carried out to create financial security in the event of a threat to existing personal assets.

What it is

Property insurance for individuals is a type of non-personal insurance, the object of which is a certain property interest.

This interest is associated with the exercise of property rights. The non-personal nature of such insurance means that its objects are unrelated to the life and health of a person, the implementation of his personal inalienable rights.

The object of such insurance is always the property or material interest of an individual. It is mainly carried out on a voluntary basis.

Material goods that belong to the policyholder on the basis of property rights are subject to insurance.

The property rights regime creates real risks that are associated with the use, disposal and alienation of special objects.

It is the insurance of property of individuals that allows you to avoid unforeseen expenses and losses that arise in the process of realizing property rights.

This type of insurance acts as a guarantee for receiving compensation in the event of complete or partial damage to property, its absolute or local destruction.

Property insurance for individuals can be double. This means that every individual can protect their material assets. a person may have several insurers.

The justification for such duality is the special regime of property, which is established by a number of norms of the Civil Code of the Russian Federation.

If we refer to the law, then a thing or object that belongs to one person on the basis of property rights is untouchable. All objects of property rights that are subject to insurance are of particular value.

For example, household items and a plot of land may be owned by right of ownership. But the object of insurance of property of individuals will be a land plot, which is of particular value and for which a certificate is issued in a special manner.

The property insurance contract for individuals will be drawn up on the basis of a title document.

Peculiarities

In fact, individuals insure property in order to receive monetary compensation or damages in the event of a risk event.

On the territory of the Russian Federation to property insurance of individuals. People still treat people irresponsibly. A good example of what this attitude leads to is the natural disasters that hit Asia.

In this region (with the exception of developed countries such as Japan, Korea, Singapore), property insurance for individuals is not widespread. Therefore, the consequences of natural disasters fell on the shoulders of the owners of almost destroyed houses.

In the West, property owners in 90% of cases prefer to insure it, and this should be a guideline for everyone who does not want to risk their life’s work.

Having an insurance policy for an individual allows you to receive compensation in the following cases:

fire;
robbery, theft, robbery or embezzlement;
illegal actions of third parties with deliberate and careless damage to property;
, atmospheric or natural phenomena.

Property insurance for individuals allows you to protect yourself from causing damage to your neighbors’ property. Civil liability security in this case is an excellent help in the event of unforeseen circumstances.

The features of this type of insurance include the principles of compensation for damage. Firstly, the insured person must report the occurrence of an insured event within 3-4 days.

The statement shall indicate where and under what circumstances the incident provided for in the contract occurred.

All damaged or destroyed property must be listed. Secondly, the fact of compliance of the specified circumstances with the contractual terms of insurance is checked.

If the damage or destruction of property that occurs is covered by the policy, it determines the amount of damage and insurance payment. An insured event report must be drawn up.

Rules

Regardless of whether the insurance was voluntary or compulsory, according to the established rules, when an insured event occurs, an individual must contact the insurer and the competent government authorities.

After a certain period of time after notification, the policyholder must submit a package of documents to receive monetary compensation.

The following documents must be submitted:

insurance certificate;
receipt of payment of insurance premium;
confirmation of the insured event;
documents that relate to the reasons for the occurrence of the insured event and the losses caused.

The policyholder must submit a notification to the insurer about the occurrence of an insured event immediately within the period established by the contract.

After checking all the information and drawing up a report on the occurrence of an insured event based on the results of the investigation conducted by the emergency commissioner, compensation is paid.

According to the general rules, a report on the occurrence of an insured event must be drawn up no later than 10 days from the date the insured person submits an application. But such a rule cannot be applied to the response procedures of all insurance companies.

Insurance payments are always determined on an individual basis. The basis for their calculation is the initial insurance amount.

The insured amount depends on the value of the object and existing limits. Insurers do not insure the property of individuals for an amount exceeding its actual value. The insurable value is determined during a special economic assessment.

For example, in order to insure a plot of land with a house, it is necessary to conduct a market assessment of the value of the land and the building separately. Based on the expert opinion, the insurer will subsequently calculate the insurance amount for the policyholder.

Don't forget about the existence of the franchise. This is the amount that will be deducted from the payments received by the policyholder.

There are two main types of franchise: conditional and unconditional. Property insurance is most often carried out using a conditional franchise.

What can be insured

The object of insurance is almost any valuable property of citizens that belongs to them by right of ownership.

May be insured:

land;
apartments, houses, outbuildings;
household items, equipment;
vehicles.

And the land plot on it is held under two separate policies.

What are the risks?

The main risks against which an individual insures his property may be:

property damage;
its partial loss;
complete loss or destruction of property.

An interesting possibility is insurance of civil liability to third parties regarding damage to their property. The risk of causing harm to another person's property is equal to that associated with the destruction of personal material wealth.

Civil liability insurance will help avoid problems that arise when multiple owners interact.

Compulsory and voluntary insurance

Today, property insurance for individuals is carried out, as a rule, in a voluntary form.

Compulsory insurance applies only to leased land plots that are state or municipal property.

Scheme: types of voluntary property insurance for individuals.

The most common object of voluntary property insurance is buildings. The main conditions for a building to be insured are its real estate, permanent residence in one place, the presence of walls and a roof.

What does the contract say?

The insurance contract must indicate its parties. The insurer can be any non-state savings fund or company licensed to provide this type of service. The insured is an individual or enterprise, firm, or organization.

With civil liability insurance, there is also a beneficiary – the person whose property is at risk.

The contract is concluded on the basis of an oral or written application submitted to the insurer.

Validity period – 1 year or several months. Inspection of the contract objects is not carried out if the insured amount does not exceed the one offered by the insurance company employee.

Otherwise, the property is assessed. On its basis, the insured amount is established, the amount of contributions is calculated and the procedure for paying insurance compensation is formed. The fact of concluding an agreement is confirmed by a special certificate.

Insurance payments are calculated according to the amount, period of insurance and depend on the degree of risk with tariffs.

Contracts for insurance of property of individuals always differ in the volume of covered risks.

For example, you can insure your apartment with liability for all risks from the policyholder.

Insurance payments under such an agreement are provided for damage or destruction of property by all possible means.

Contracts with liability for certain risks are much more beneficial for the policyholder, because the documents clearly state the cases in which payments should be made to clients.

As for insurance of especially valuable household property, the guarantee agreement is drawn up on a special form.

Property insurance for individuals is no longer regarded as a whim in modern society. It is simply necessary to maintain confidence in the future.

After all, individuals are never insured against negative political, economic and atmospheric phenomena unless they have a confirming policy in hand.

Price

Comparison of costs for real estate insurance for individuals:

The subject of comparison was real estate worth 3 million rubles and the cost of repairs was 20 thousand.

Ownership of property rights brings with it not only positive aspects, but also possible negative situations.

Damage, loss, theft, disasters - will protect from all consequences insurance of property of individuals. We will consider tariffs in this article.

Property insurance for individuals is a type of non-personal insurance. The object of insurance is property interest.

This interest realizes property rights. The insurance object is not related to the client’s health and life.

A distinctive feature of such insurance is the protection of the client in case of complete, partial damage or loss of the object in cases stipulated by the contract. Thus, the policyholder is guaranteed to be paid compensation if an insured event occurs and a corresponding report is drawn up.

The insurance procedure may be mandatory or voluntary. The need to conclude an insurance contract is provided for motor vehicles (MTPL), by banks when concluding a loan agreement, and is also regulated by legislation in relation to leased property owned by the state.

Legislation

The validity of an insurance policy for the property of individuals is regulated by the Civil Code of the Russian Federation, as well as the Law “On the organization of insurance business in the Russian Federation”.

The policyholder has the right to enter into an insurance contract with several insurers; this right is called dual insurance. This opportunity is provided by a special property regime, which is regulated by the norms of the Civil Code of the Russian Federation.

Of particular value is property that belongs to a person on the basis of property rights. The law guarantees the inviolability of such property.

The property insurance contract for individuals is concluded on the basis of title documents.

Peculiarities

On the territory of the Russian Federation, property insurance has not taken a serious turn; for the most part, people do not protect themselves from unwanted loss or damage to property.

The results of this attitude are clearly visible after natural disasters that are unexpected. Often people are left homeless. The only lifeline for them can be voluntary support from the state. Which may not cover the losses suffered by the citizen.

There are countries in which the conclusion of an insurance contract is a widespread trend among citizens. Citizens do not want to lose their acquired property. Therefore, they insure all property against various unforeseen events. Such as:

Fire;
Robbery;
Robbery;
Other illegal activities;
Natural disasters and more.

An insurance policy can protect the client not only in case of damage or loss of his property, but also the property of third parties. For example, neighbors if the client flooded them. Such prudence protects against undesirable consequences in unforeseen circumstances.

When an insured event occurs, the client is obliged to notify the insurance company about this within the next few days (usually the deadlines are specified in the contract). The statement states:

What damage did the insured object receive (or loss of the object);
Date and time of the incident;
Description of the circumstances under which the insured event occurred;
Other data required in a specific situation.

Documents that confirm the occurrence of an insured event and are provided for in the contract are attached to the application.

If the occurrence of an insured event is established, the amount of loss is calculated and the company makes payments. It is mandatory to draw up an insurance claim report.

Property insurance for citizens and legal entities has a number of differences:

Personal property insurance persons	Legal property insurance persons
Object of insurance (some of the possible): House Apartment Garage Automobile Insured events are close to everyday circumstances and natural disasters.	Objects of insurance: Production capacity Commercial buildings Specialist. technique Insured events are of an industrial nature and natural disasters.
Each object is insured separately. For example, in the case of insuring a house and antique furniture, two contracts will be signed.	All insurance objects are combined into one complex (office premises, warehouses, workshops, etc.)
The cost of insurance premiums is calculated based on the average statistical data of the region and is affordable.	In the process of drawing up an insurance contract, an individual approach is carried out. The calculation is based on a specific organization. This is due to the high cost of insurance objects and high risks of an insured event. Often, paying insurance premiums is not economically beneficial for an enterprise.
The discount provided is minimal.	The discount can be significant for comprehensive insurance of large objects.

Objects of property insurance for individuals

The client has the opportunity to insure any property that belongs to him by right of ownership:

Real estate: land, house, dacha, cottage, room, garage, outbuildings, bathhouse, etc.
Movable property: interior items, equipment, collections, jewelry, vehicles, etc.
Domestic and farm animals.
Cash, securities, safe deposit boxes, deposits, copyrights, patents, etc.

This right is confirmed by title documents.

Risks

There are several types of insurance risks:

Natural disasters. Property insurance against unforeseen destructive effects of the elements (avalanche, tsunami, earthquake, flood, etc.)
Accident. Unforeseen damage or loss of property due to exposure to fire, water, or any objects.
The intentional actions of the offender. Complete or partial destruction of the insured object.
Theft of property.

Insurance contract

An insurance contract, like any other, specifies the parties between whom the contract is concluded.

The contract is valid for up to one year.

If the client agrees to the insurance amount offered by the company, the property is not inspected. In another case, an inspection and comprehensive assessment of the property is carried out. On the basis of which the amount of insurance coverage is determined.

Price

Insurance rates are calculated based on:

Type of property, its specific features.
Market value of the insurance object.
List of insured events.
The validity period of the insurance policy.

The calculation takes into account regional statistical data. For example, when car insurance the following will be taken into account:

Crime situation in the city/region
Frequency of car thefts of a given make and model

Rates

Comparative analysis of tariffs for insurance products, measured as a percentage of the insured amount.

When choosing an insurance company, you need to pay attention not only to the amount of insurance premiums, but also how long the company has been on the insurance market, how reliable it is, and what kind of partnerships it has.

Property insurance for individuals is necessary to protect citizens from the risk of loss and damage to their property. If an insured event occurs, the client will avoid expensive litigation, receive compensation to cover losses and save not only the family budget, but also emotional balance.

In the following video, a representative of the ROSGOSSTRAKH company will talk about property and liability insurance for individuals:

Nov 12, 2017 Help manual

You can ask any question below

Features of insurance of various property of individuals

In the field of property insurance, the line of insurance for individuals was one of the first to emerge. This direction is intended to protect financial risks for an individual in the event of insured events stipulated by the contract. The development of insurance for individuals can go on endlessly. Therefore, this area is of interest to insurers and they are interested in developing new products for insuring the property of individuals.

Property insurance for individuals is a type of non-personal insurance. The role of the object here is played by property interest, which is associated with the implementation of the right to property. Property insurance for individuals and legal entities differs and is therefore considered as different areas.

What does impersonal character mean? This should be understood as insurance objects that are not related to the health and life of the policyholder. They are also not related to the exercise of personal rights. The object in this case is the material interest and property of the insured. The vast majority of types of such insurance are voluntary types.

All certain property that the policyholder has by right of ownership is insured. There are all sorts of risks associated with the exercise of property rights. This is the use, alienation, disposal of property objects. Personal property insurance was developed to prevent unplanned losses and expenses arising from the sale of property rights.

With this type of insurance, an individual receives compensation for partial damage to property or its complete destruction. This insurance is double. This refers to situations where an individual protects his property with several insurance companies. The Russian Civil Code establishes a special property regime, which serves as the basis for double insurance.

As the law states, objects belonging to a person by right of ownership are untouchable. When insured, these objects have value. This could be a piece of land, household appliances, decoration, and so on. If the object of insurance is a land plot, then a certificate of title has been issued for it. Based on this document, an insurance contract is drawn up.

Features of personal property insurance. persons

Insurance of one's property by an individual is done based on the example specified in the contract. In Russia, property insurance is not in great demand and people treat it irresponsibly. As a result of such an irresponsible attitude, one can cite various natural disasters that come unexpectedly and leave thousands of people homeless. As a result, if the state does not want to help them, the cost of compensation for losses falls on the homeowners themselves.

In developed countries, insurance of property of individuals and legal entities is done almost without exception. Anyone who does not want to risk their property should definitely take out insurance. If you have an insurance policy, the insurer receives compensation in situations such as fire, robbery, robbery, theft, theft, illegal actions that resulted in damage to property, natural disasters, etc.

In addition, personal property insurance can protect you from losses in the event of damage to your neighbors. Civil liability insurance protects you in the event of unforeseen circumstances.

To receive compensation, several conditions must be met. As a rule, the policyholder must submit an application to the company about the insured event within 3-4 days.

It should indicate what kind of damage occurred during the insured event provided for by the contract. The application lists all destroyed or insured objects. In this case, the relevant supporting documents provided for in the contract must be collected. The company verifies the facts of compliance of the circumstances with the terms of the contract. If the event that arises is truly insured, then the amount of payment of the loss is determined and the company makes payments. An insured event report must be drawn up.

What are the rules for property insurance?

Regardless of what kind of insurance, compulsory or voluntary, an individual, after the occurrence of an insured event, turns to government agencies and the company with which the contract was contracted. After some time, the policyholder submits the necessary documents in order to receive monetary compensation. To do this you need to prepare:

insurance policy;
receipt of payment of the insurance premium;
documents confirming the insured event;
Documents confirming information about losses are also needed.

In this case, the individual submits a notification to the insurance company that an insured event has occurred. The deadline for this filing is established in accordance with the contract. The expert will check all the information and draw up an act according to which compensation will be paid. The report is drawn up by the emergency commissioner, who investigates this case. According to general provisions, an insured event report is drawn up within ten days from the date of filing the application by the policyholder. But such a norm may change in different companies and be redefined by their internal rules.

Insurance benefits are usually determined on an individual basis. To calculate them, the insurance amount from the contract is used. The amount of the insured amount is affected by the price of the object and limits. The property of individuals is not insured for an amount that exceeds its actual value.

To determine the insurable value, an economic assessment is carried out. To insure a plot of land with a building, you need to determine the market value of the house and land separately. Depending on the unconditional conclusion, the insurance company will calculate the amount of insurance.

However, there is still a franchise. This amount is deducted from the payments received by the policyholder. There are conditional and unconditional franchise options. The most common is the conditional option.

What can be insured and what are the risks?

The object of insurance can be any property of citizens that belongs to them by right of ownership. For example, an apartment, a plot of land, a house, utility rooms, a vehicle, furnishings, inventory. Houses and plots of land are insured under different policies.

The main risks are damage to property, loss of the insured object (partial or complete), and loss of property. Interestingly, it is possible to foresee risks associated with causing damage to third parties. Additionally, if you take out public liability insurance, it will help prevent problems that arise when owning a property with other owners.