Buying an apartment or building a house in the country is a good way to invest the money. It gives you the feeling of stability and confidence in the future. However your comfort and steady life may be ruined in a moment because of a spark coming from damaged wires, a tap forgotten to be turned off or a visit paid by uninvited guests.
To protect your property and to minimise reconstruction expenses, you may conclude an insurance agreement with Ingosstrakh company.
Why play Russian roulette, risking the wellbeing of your family? All the problems may be prevented through the property policy program. We offer you to have a look at the terms and make the right decision.
What property can be insured under the insurance agreement?
Apartment;
Townhouse;
Any constructions on a land plot
What events are insurable in relation to your property?
Fire, explosion;
Natural disasters;
Damage by water
Mechanical damage;
Illegal action of a third party;
Terrorist attack.
We have extended the list of standard risks without increasing the price of the policy with the following:
Damages caused by capital repairs, redesign and space reconfiguration in adjacent apartments;
Collision with a vehicle;
Fall of trees, construction cranes;
Penetration of atmospheric precipitations into the apartment through the roof or attic
In all these instances Ingosstrakh Company will indemnify all the damage caused to your property.
Property insurance may be performed in a single package or for individual objects:
Interior finishing of premises (floor covering, topping of walls, built-in closets, fireplaces, stoves, door and window framing) and technical equipment (with interior and exterior systems of power, water and gas supply systems, as well as sewerage, heating, ventilation and air conditioning systems);
Movable property (furniture, equipment, personal possessions, high-value items etc.) can be included in the (real) property insurance agreement;
Civil liability. An accident in your apartment may result in damage to property of your neighbors thus giving them the right to claim for compensation. This problem can be solved in advance. By entering into (real) property insurance agreement, you insure your civil liability to neighbors. In this situation Ingosstrakh Company will indemnify to your neighbors the expenses related to reconstruction of the damaged property.
In addition you may insure life and health – of yours and your family members (accident insurance).* The insurance is valid all over the Russian Federation throughout the whole term.
Advantages of Property Insurance
newVarious Options of Compensation System. You may choose insurance compensation with no regard to depreciation of materials subject to replacement (“new” for “old”), or with regard to depreciation of property, its principal elements (“old” for “old”).
newVarious Options of Compensation Limits. There are several variants of limits under (real) property insurance agreement: for every insured event, for the first insured event or under the agreement (maximum limit decreases after each insured event).
newFlexible Discount System for issuing a property policy if the apartment is equipped with a security or fire alarm system and water leak protection system, and if an arrival of Emergency Response Team to the protected object may be arranged, when required. For those who own a valid motor policy of Ingosstrakh Company, the property insurance will cost less.
The scope of damages is calculated with consideration of real reconstruction costs. Ingosstrakh will indemnify not only the damages caused to one location (the cost to remove a wet spot, crack, etc) but also the costs of repairing the adjacent surfaces which makes this home look as it did before the accident.
Complete Indemnification of Losses. Usually insurance companies limit the size of indemnification of damages to certain elements of load-bearing constructions and finishing (e.g. 20% indemnification of floor covering, 20% - topping of the ceiling, 40% - topping of walls, etc). Ingosstrakh Company indemnifies all damages, without limitation and within the amount insured.
No compulsory franchise. Ingosstrakh Company applies no compulsory franchises, i.e. the amount of damages coverable by the client out of pocket. We pay to the client everything down to the last cent within the insured amount.
Payment Installments. Specially for you we have developed various options to pay the insurance contribution when (real) property policy is issued.
Besides we offer additional services to those clients who chose complex property policy which includes insurance of load-bearing constructions, finishing, technical equipment and movable property for full-risk package *:
Complex cleaning of premises and urgent repair of windows and doors in the event of penetration of third parties onto your premises.
Compensation of rent of a temporary apartment if the Insurant’s apartment is acknowledged as unfit for living.
What is an insurance of civil liability?
You may accidentally cause damages to the property of your neighbors. Even reliable domestic appliances and household equipment may fail, children and seniors may be inattentive and incautious. Even if it is a leak accountable for by the municipal water supply authority, your neighbors will come to you for compensation. You will forget about all these problems if you insure your civil liability to neighbors. It is up to you to determine the maximum threshold of the amount of compensation payable by Ingosstrakh to your neighbors (anyway, it is 100-200 times bigger than what you’ll have to pay for the insurance).
* Service available in Moscow and the Moscow Region only.
