Aralık 6, 2021

INSURANCE BOAT

Convenience and Security at Your Fingertips

What Is Home Insurance?

Home insurance is a type of property insurance. It covers a private estate and residence. It is an insurance policy that combines various personal insurance protections. It includes various types of individual insurance, which may include losses related to housing or property contained within. In addition, home insurance provides financial protection against natural disasters. A standard home insurance policy insures the home itself, along with the items stored in it.

What is the Importance of Home Insurance?

Home insurance is a type of optional insurance that secures the house and/or the goods in it against certain dangers. With this insurance, you can cover material damages by protecting your house, belongings and building against disasters such as fire, earthquake or tornado. If the damage to your home or belongings is within the general conditions of the insurance, you will be compensated according to your guarantees.

Secures Your Housing

Home insurance is much richer than the Compulsory Earthquake Insurance coverage. Compulsory Earthquake Insurance covers only the material damages of your house during earthquakes. Home insurance, on the other hand, covers material damages resulting from natural disasters such as fire, flood, tornado, as well as theft and terrorism, depending on its scope.

The biggest benefit of taking out house insurance is to be able to protect the house against all kinds of situations thanks to additional guarantees. Home insurance can insure you against many dangers:

  • Material damages resulting from strikes and acts of terrorism
  • Damages as a result of natural disasters such as fire, lightning strike, flood and tornado
  • Losses resulting from accidents such as flooding, natural gas explosion
  • Financial losses as a result of theft
  • Damages caused by collision with air, sea or land vehicles
  • Depreciation caused by inflation
  • Rent loss
  • Debris removal costs

Secures Your Items

Valuable items can also be insured with the house, if desired. You can insure household items such as electronics, valuable jewelry or antique furniture against theft or damage by including them in your home insurance policy.

Especially in natural disasters, the goods inside the house as well as the house can be damaged. You can cover the financial losses caused by your damaged or broken goods as a result of internal flooding or an accident, within the terms of the housing insurance.

Adding the security of goods to the house insurance may mean a slight increase in the insurance cost; but it can provide relief from much greater material damage.

You Can Benefit from Additional Services Offered by the Insurance Company

Insurance companies can offer many additional services along with home insurance. Although these services vary according to insurance companies, they are generally as follows:

  • Emergency medical assistance
  • Locksmith
  • Plumber
  • Paying bills
  • Ambulance
  • Companion

What Does Home Insurance Services Cover?

  • Fire, explosion, lightning, weight of snow, landslide, storm,
  • Flood and inundation (seylap),
  • Strikes, lockouts, riots, popular movements, malicious acts, terrorism,
  • Problems with internal water,
  • Smoke,
  • fuel leak,
  • land vehicle crash,
  • aircraft crash,
  • boat crash,
  • debris removal costs,
  • Theft,
  • accidental breakage,
  • Glass and mirror breakage,
  • rental loss,
  • Alternative residence and moving costs,
  • Third party liability,
  • fixed decoration,
  • Electronic device guarantee,
  • Extortion, snatching, pickpocket guarantee,
  • Coverage for goods found outside the residence,
  • Guarantee of belongings belonging to third parties in the residence,
  • housing adaptation,
  • Earthquake (Optional coverage and included in the policy if requested by the insured),
  • Home help services (unlimited-unlimited),
  • Inflation hedge advantage.

What are the Points to Consider While Making Home Insurance?

You want to have home insurance to protect your home, and therefore your budget, against damages that may occur after an unpleasant situation… Well, do the coverages specified in your policy provide protection in areas you may need? In this direction, we can say that one of the things you should pay attention to when taking out home insurance is to examine the coverages in your policy and specify the coverages you want to be included in your policy. In this way, you can secure your electronic devices or make your life easier after an accident thanks to guarantees such as housing adaptation service.

Another detail that should not be ignored in home insurance is the close cause relationship. For example, you insured your house and your house was damaged due to a fire that broke out as a result of an earthquake. In such a case, since the main cause of the event is the earthquake, TCIP, that is, compulsory earthquake insurance, comes into play, not the house insurance. In other words, you should not neglect to take out TCIP just because your home insurance offers earthquake coverage. Because TCIP and housing insurance, which are obligatory, are two separate products. If you wish, you can take a look at our article and examine the difference between Compulsory Earthquake Insurance and home insurance.

Housing insurance is not the sale price of the building; Based on the construction cost. If you want to insure your house on the sales price rather than the construction cost, you have to pay more premium.

“What should I do to get discounted home insurance?” If you think so, it would be useful to point out that there are different ways to do this. For example, the fire alarm system, which is one of the measures you need to take to protect your home from fire, can provide an advantage in terms of insurance price. In addition, just like in motor insurance, no claim discount can be applied in housing insurances.