Real estate insurance

Real estate insurance will protect you from the cost of repairing your home – an apartment or a private house, if it suffers from fire, water leakage, thieves and other risks. It is possible to insure both the housing itself and the property located in it, for example, furniture, household appliances and other valuable things. Also, you can insure a fence, a bathhouse, outbuildings and yard improvement elements.
Risks against which you can insure real estate:

• fire (fire, smoke, soot, explosion, liquid or gas leakage, aircraft or other aircraft crash);
• natural disasters and catastrophes (lightning, hurricane, hail, snow and ice, flooding, landslide and other risks);
• criminal activity of third parties (theft, robbery, vandalism);
• failures of utility systems (fluid leaks from the heating system and pipelines, ventilation or air conditioning equipment and other utility systems, sewage failure, building heating system failure, drainage system failure), engineering system failures due to the negligence of third parties.

The price of an insurance policy for your home will depend on a number of factors:

• the amount of deductible – the amount of losses that you are ready to assume upon the occurrence of an insured event (the greater the deductible, the cheaper the policy);
• area, cost, technical condition and location of the object;
• quality of interior decoration;
• building structure;
• security equipment installed at the facility – smoke detectors, security systems, etc.