Frequently asked questions regarding property insurance
A home is one of the most common and important goods that can be insured against basic risks such as: earthquake, fire, leaking pipes, theft, broken glass and various other known and non-known damages. We are here to help you choose the insurance program that suits you best.
Once you have taken all the steps to reduce the damage, your next step is to contact us immediately. Next, we will initiate all the foreseen procedures with the sole purpose of making the best use of the benefits of your contract and your immediate compensation.
For what risks can a house available for rent on online platforms be insured? In addition to the usual fire coverage, the following protections can be added to your insurance policy:
• Civil Liability
• Damages and malicious actions by a tenant
• Theft of tenants’ personal belongings
• Personnel accidents
• Loss of rent (subject to special conditions)
The obligation or not to register the insured content depends on the insurance company and the program chosen by the insured. Usually the items of special value, such as electronic devices, handmade carpets, silverware and other related items, with a value of over 2,000 € per piece, should be recorded in detail in the insurance policy with brand, type and value.
- Compensation at real value
In case of damage, the insured property will take into account the age of the building or its contents and their compensation will be based on their real value, with the result that the insured will bear the cost of this age.
- Compensation new for old
In order not to reduce the compensation due to oldness because of usage or technical depreciation, the insurance contract could provide for a compensation “new for old”. In this case, the items for which this condition is provided, are reimbursed at full replacement value as new.
