Insurance of country houses and dachas. Read more about home and cottage insurance

It is necessary to take out insurance for a wooden house only from a reliable and time-tested company. First, you should make sure that the selected insurance company is able to pay for the cases provided for in the agreement, and not make only promises or avoid reimbursement altogether. When choosing an insurance company, you need to pay attention to the following leaders:

Examples of programs in companies

Today, insurance companies can offer their clients two insurance programs - express and classic. Each of them has its own characteristics and differences. Thus, express insurance involves protecting a low-value home that is unlikely to be subject to costly claims. The classic program is applicable for buildings with high market value.

Table 1 - Comparative analysis of express and classic insurance:

Price

The price of insurance may vary. The decisive factor in this case is the amount of insurance. The final cost of private home insurance is influenced by the following factors:

• basic tariff;
• home decoration;
• valuation characteristics of property.

In addition, the following is taken into account:

• price of materials used for construction and finishing;
• design features of the heating system;
• frequency and stability of people living in wooden buildings;
• who lives in the house: owners or tenants;
• in what year was the wooden house built;
• duration of the insurance contract.

Let's look at examples of calculating annual insurance payments for two different households:

Country real estate

To conclude an insurance contract for wooden housing, you must submit an application to the office of the insurance company or call an agent to your home.

Selecting a plan wisely

So, you can insure a wooden residential building by concluding an express policy and a classic contract. Express pole has the following advantages:

• there is no need to fill out an application;
• no documentation required for the house;
• no property inspection required.

The only thing the insurance company will want is real photos of the house.

Attention! An express policy can even be issued on credit. But such a program has one drawback: the insurance is valid only 5-7 days from the date of its registration.

If you choose the classic program, it requires the client to provide the entire package of documents. But a person can save by choosing the best option for property insurance protection. According to the classic program, insurance company specialists must inspect the house and assess the insurance risks. The cost of the inspection is 5-20% of the cost of insurance.

Documents

Each insurance company requires its client to provide its own set of documentation, but there is a standard set that cannot be avoided.

It includes:

• citizen's passport;
• documents for real estate and land;
• technical papers - building plan, technical passport.

Since insurers themselves are interested in quickly drawing up a contract, they do not bother the client with paperwork and make do with the minimum set.

Statement

Now you can proceed to writing your application. It should contain the following data:

1. Information about the policyholder – name, legal address, actual address, type of activity.
2. Description of the house that is covered by insurance. Here it is necessary to indicate the total area of ​​the building, the number of rooms, floors, the year the house was built, the flooring material, the current use of the building, the presence of tenants in the house, repairs are or will be carried out, minor construction work.
3. Loss statistics. Describe all losses that have occurred in recent years.
4. Previous insurance.
5. Required insurance liability limits.

What points in the contract should you pay special attention to?

An insurance contract is a legal document concluded between the policyholder and the insurer. Its essence is that the policyholder undertakes to reimburse the insurer a certain amount of money when an insured event occurs.

When the transfer of the full package of documents has taken place, the insurance company will provide the policyholder with a contract containing the following data:

• personal data of both parties;
• house details;
• rules and obligations of the parties;
• grounds for termination of the contract;
• procedure and conditions of insurance payments;
• dispute resolution procedure;
• duration of the contract;
• other conditions;
• details of both parties;
• date of conclusion of the agreement and signatures of both parties.

And although all the clauses of the contract seem simple and understandable, it is worth first submitting the document to a lawyer for review. He will be able to determine the positive and negative aspects of the agreement.

When checking the contract yourself, you should pay attention to the following points:

How can I terminate?

There are many ways to terminate an insurance contract:

1. By agreement. Such termination is automatic. In the insurance contract, both parties stipulate a clause according to which the agreement is terminated. The reasons for such a refusal can be very different, including non-compliance with the terms of the agreement, unprofitability of cooperation.
2. Insurer's refusal. The insurance company has the right to terminate the contract if the policyholder does not comply with its terms. For example, the insurer stops paying premiums and the company terminates the agreement.
3. At the initiative of the policyholder. The main thing is to correctly explain the reason for refusing the services of the insurance company.

Insurance of a wooden house is an important procedure that allows you to at least somehow compensate for damage caused to the house during a fire, burglary and other circumstances. Only for this, the policyholder needs to choose a trusted company, draw up a contract correctly and fulfill all the points indicated in it.

In Russia, insurance of real estate, including private houses, is becoming increasingly popular. People understand that in this case they are reliably protected by the policy from various kinds of troubles that can happen to their home, for example, from a fire. However, you should know that there are pitfalls here.

Therefore, before signing an agreement, you need to carefully study the nuances and do not hesitate to ask questions on any points that interest you. You also need to take your choice of company seriously. The main thing here is not the lowest cost of the policy, but reputation and reliability. Therefore, the choice should be made in favor of proven companies that have been operating on the market for a long time, such as, for example, Rossgossstrakh.

Fire insurance for a private home – what to look for

If a house suddenly catches fire, the first thing a person thinks about is the opportunity to save lives - his own and those of his loved ones - as well as the most valuable things and documents. Moreover, most of the property in a serious fire, as a rule, is completely destroyed by the flame. Accordingly, the victims suffer serious material losses. In order to protect yourself from such troubles, you need insurance. Moreover, it is quite simple to arrange it today.

It should be remembered that even before signing an insurance contract, representatives of the insurance company study a number of points. They are, in particular, interested in:

• the total value of property in the house;
• the solvency of the owner of a residential property or a responsible tenant, that is, whether a person can pay fees on time and in full;
• presence of potential hazards that could lead to fire.

The material from which the house is built is also of great importance. The cost of a policy for wooden housing will be higher than for stone. Additional risk factors here are also the presence of stove heating, the location of the residential property in a potentially dangerous area, and the rental of real estate. In addition, the cost of the policy may increase if you have previously had insured events for which compensation was paid.

One more point should also be noted. The home owner himself chooses what he insures his property against - from a fire resulting from an accident/natural disaster (for example, a lightning strike) or from intentional arson (illegal actions of third parties).

Pay special attention to the text of the insurance contract. It is here that seemingly insignificant nuances may be hidden, because of which the insurance company will then refuse to pay compensation if a fire occurs, and quite legally. There are quite a lot of such pitfalls. For example, compensation may not be paid due to an unknown cause of the fire.

Sometimes insurance companies do not want to give money if the fire was caused by arson, and the attacker was detained by law enforcement officers. In this case, they try to put all financial costs on the person who committed the illegal actions. Often such situations end in lengthy legal proceedings. However, even if a decision is made that the attacker is obliged to compensate your losses, it is far from a fact that he has the required amount. Therefore, when concluding a contract, pay special attention to this point. It is best that the payment of compensation by the insurance company for the deliberate arson of your home is written down in the document.

Let's look at two more fairly common situations. Often, compensation is denied to people who, due to a fire in their residential property, suffered minor (in the opinion of the insurer) losses. Therefore, it is best to check with your insurance company representative about your deductible in advance. This is an amount that is not paid anyway. Let's give an abstract example, without linking numbers to reality. In particular, if the deductible, according to the agreement, is 10,000, and the losses incurred due to the fire were estimated at 8,000 rubles, then no compensation will be paid in this situation. A deductible allows you to reduce the cost of the policy as a whole and reduce the amount of insurance premiums, however, the risks here, as we see, are higher.

Well, finally, I would like to give one piece of advice. Before concluding an insurance contract, it is worth studying the offers of a number of leading companies and comparing the conditions they offer. It often happens that you can get some additional options by overpaying just a few hundred rubles. The tariff itself should never be a priority. Of course, it is important, but the final choice must be made based on a number of factors, including the reputation of the insurance company. Moreover, finding reviews on the Internet today will probably not be a problem for anyone.

Environmentally friendly and beautiful, but vulnerable wood is one of the most popular materials used in Russian low-rise housing construction. Despite the fact that modern wood processing technologies make it possible to protect it to some extent from water and fire, insurance of a wooden house has been and remains the only reliable protection of your investment in real estate.

The INSONE agency invites you to take advantage of profitable insurance products prepared specifically for owners of wooden country houses and residential buildings. We offer: insurance rates from 0.5% of the value of your property, and payments in the event of an insured event will be equal to the actual damage.

Find out the cost of insurance for a country house

Convenient and inexpensive insurance for a wooden house

• What we insure. Construction of a house (cottage, cottage, mansion), communications, technical equipment, interior and exterior decoration, furnishings and household appliances - all of the above or individual items. As well as any buildings and valuable landscape and engineering objects in the local area.
• What do we insure against?. If the building is not equipped with communications and does not have finishing, choose minimal fire protection: risk package No. 1. It is better to insure a wooden house in good repair using package No. 2: fire + natural disasters + robbery/theft + vandalism.
• How we insure. When insuring a wooden house for an amount of more than 1,000,000 rubles, our expert appraiser will come to you free of charge. You can issue a policy for a country house of lesser value based on photographs and descriptions.

At what price can you insure a wooden house?

When taking out a policy for wooden houses, the general rule applies: calculation of payments based on the insured amount and the volume of the risk package.

The range of discounts is smaller than for insuring brick objects, but is also wide:

• minus 20% in the absence of sources from which an open flame can spread (stove, fireplace);
• minus 10% for metal doors/lattices installed in openings;
• minus 10% when the house is under constant security;
• minus 10% in the absence of adjacent buildings.

To find out about other nuances that reduce the cost of the policy when insuring a wooden house, contact the experienced specialists of the INSONE agency. We will tell you everything you want to know and offer the best solution.

Today, insurance companies offer an extensive list of available options for property insurance, which includes insurance of private homes. You can insure both the residential building itself and other buildings on the territory, including garages, bathhouses, sheds and utility rooms. The insurance procedure is as follows: the client contacts the insurance company, enters into an agreement, pays the established premium, and upon the occurrence of an insured event, receives full compensation for losses incurred from the insurer.

What is this type of insurance? How much does it cost to insure a house and what should you pay attention to when taking out? We will answer these questions in detail in this article.

Features of residential home insurance programs

Residential building insurance refers to one of the types of property insurance, in which the client enters into an agreement with an insurance company, and the agreement itself clearly stipulates the list of insured events that may occur with the property.

The terms and conditions of residential property insurance differ from company to company, but there are some common features characteristic of private residential property insurance:

• the impossibility of online registration of an insurance agreement on the Internet, since this procedure requires a personal inspection of the insured property by a company representative;
• the plot on which the house is located must be in the possession of the insured. Even if the insurance company employee was not interested in the issue of land ownership when concluding the contract, documents for the site will be required to receive compensation;
• the contract may include insurance clauses not only for the house, but also for other property located in it - furniture, household appliances and other valuables.

Insurance risks covered by the policy

Each owner of the insured property can independently choose from what exactly he considers it necessary to protect his home. The number of insured events included in the policy will directly affect the final price of insurance. The most common risks include:

• fire, domestic gas explosion;
• accidents of engineering communications;
• natural disasters (floods, earthquakes, hurricanes, lightning strikes, etc.);
• illegal actions in relation to the insured property by third parties (theft, vandalism, damage or destruction of property);
• mechanical damage caused by falling foreign objects or collision with vehicles.

When choosing insurance risks included in the contract, it is necessary to soberly assess the likelihood of their occurrence in each specific case. For example, if the house is located in the central part of Russia, where droughts and, as a consequence, fires caused by them are common, it would be appropriate to include such a risk in the insurance. And many country houses used as summer cottages do not have central heating or running water, which minimizes the number of domestic accidents. In theory, after inspecting a home, an insurance company representative should analyze the most likely risks and advise the client about them, but in practice, they often advise purchasing a policy with the maximum number of insured events included, since they have a financial benefit from this.

Risks that are almost never offered by insurers include war, civil unrest and radiation.

How much does home insurance cost?

First, you need to choose the best insurance company for your needs. The main criteria when searching are the rates and conditions that it offers. It is also worth paying attention to reviews from citizens who have already used the organization’s services. We should not forget that you should always carefully study the proposed agreement. The main points on which disagreements may arise are the risks included in it and the procedure for paying insurance compensation. In addition, many companies include an additional depreciation clause in the contract, which reduces the amount of compensation over time due to the obsolescence of the home.

The amount of insurance premiums when taking out private home insurance depends on the following factors:

• the cost of the house (the assessment will be based on the real price for which it can be sold on the real estate market);
• the number and nature of risks included in the contract;
• the likelihood of an insured event (when purchasing a policy against criminal actions of third parties in relation to property, the general level of security of the house will be taken into account - the presence of an alarm system, protective grilles, distance from neighbors, etc., and the purchase of fire insurance will clearly cost more for owners of wooden houses);
• mode of operation (if no one lives in the house on a permanent basis or it is rented out, then the price of the policy will be higher);
• other features of the house, determined in each case individually.

Thus, the final cost of insurance can vary greatly depending on the characteristics of the property, but if we take a certain average option as a basis, then the prices for the policy will be approximately as follows:

To draw up an insurance agreement, the client will be required to provide the following documents:

• confirmation of ownership of real estate and land;
• technical documentation - plan, technical passport, photographs of the house.

Differences in classic and express insurance

Each of the two types - classic and express insurance - has its own characteristics and purpose. Express insurance implies protection of low-value real estate (small dachas and garden houses), which are unlikely to encounter expensive risks and, therefore, do not justify the excessive expenditure of time and money on individual study of the property during registration.

Classic insurance is used for houses with a high market value, which additionally have expensive equipment and finishing inside, and as a result require more careful study by the company's agent before signing the contract in order to avoid possible disagreements when an insured event occurs.

The table below presents a comparative analysis of classic and express insurance for a private home according to the main criteria.

Comparison criterion	Classic insurance	Express insurance
Express insurance	Personal inspection of the insurance object by a company representative	Minimum documents, inspection by a company agent is not required
Insured risks	Individual approach to the client	A choice of several risk packages is available, including a standard set of insurance cases
Policy cost	Depends on the market price of the property and the factors mentioned above	Calculated based on the selected sum insured

Can an unfinished or unregistered building be insured?

If the house is still under construction, then it can still be insured, but there are a number of nuances that need to be taken into account. Firstly, in order to be able to count on purchasing a policy, you must have an already erected foundation, walls, roof, windows and doors. And secondly, insuring such an unfinished object will cost more than in the case of a fully completed house.

What are the features of insuring a private country house or cottage? How to insure a wooden country house against fire? What determines the cost of insuring a house in a village?

Hello, dear readers! Denis Kuderin, insurance expert, is in touch.

Our topic today is home insurance protection. The article will be of interest to everyone who already has a cottage, dacha, private house in a village or city, as well as those who are planning to purchase real estate of this type in the near future.

Let's get started!

1. Why is it necessary to insure your home?

Insurance of private houses, country houses and country cottages is perhaps even a more expedient and reasonable procedure than insurance protection of “ordinary” apartments. Private buildings, by definition, are more vulnerable and defenseless to the elements and other external factors, including the criminal intentions of third parties.

It is especially dangerous to leave a country house without insurance, which the owners visit only periodically - during the warm season, and even then not every day. A good-quality cottage left unattended is a headache for every responsible owner.

Security systems, numerous locks and locks do not guarantee inviolability. There will always be craftsmen who can turn off the alarm and unlock the lock. I'm not even talking about natural factors and natural disasters. The house may be damaged by flood, fire, hurricane, or falling trees.

Example

My neighbor at the dacha had his chimney torn out by the roots during the spring melting of snow from his roof and half of the roof torn apart. A hole appeared on the roof, as if from a direct hit from an anti-tank shell. If he had insurance, he wouldn't have to spend several weekends in a row rebuilding his home at his own expense.

And this is far from the most dangerous event that can happen to your property. Another friend of mine’s house burned down a couple of years ago. It was a miracle that the fire did not spread to neighboring buildings.

Conclusion: private buildings need to be insured. They are often robbed, set on fire, hacked, and are not spared by the elements and seasonal natural phenomena.

The cost of the policy (insurance premium) is negligible in comparison with the amount that you will receive to reimburse costs if an insurance situation arises.

The owner of the house has the right to insure:

• the whole house at once;
• only load-bearing structures (walls, ceilings, windows, doors, balconies);
• façade (from the elements, vandalism, illegal acts of third parties);
• interior decoration, interior (this type of protection is especially relevant for those who have recently made expensive repairs);
• internal engineering communications, plumbing, electrical wiring;
• movable property located in the house (appliances, electronics, furniture);
• any other valuables.

It is definitely worth taking out a policy for those whose dachas and houses are located in a flood zone. Everyone has seen reports on TV about the damage that spring floods cause to citizens’ personal property each year.

Fire insurance for wooden buildings is no less important: it is worth protecting the house both from spontaneous fire and from arson by third parties. For insurance companies, the difference between these incidents is fundamental.

In Russia, property insurance is traditionally viewed with distrust. Only a limited percentage of the total number of homeowners purchase policies. The situation is diametrically opposite in the West - almost every residential building there is insured.

The reason for such a short-sighted attitude towards one’s property is the low level of financial literacy of the population. Fortunately, according to statistics, the consciousness of Russians has been growing steadily over the past 5-10 years: owners are signing more and more property insurance contracts.

2. What affects the cost of insuring a private home - 5 main factors

Home insurance is voluntary. Each owner has the right to choose not only the company with which he enters into an agreement, but also the type of policy.

The cost of services is influenced by many factors - the number of risks, cost, dimensions and status of the building, as well as the material from which the house is made.

Now let's talk about each category of factors in order.

Factor 1. Number of selected risks

There is a limited number of risks that can be protected against, and any adverse event imaginable can be included in the agreement. Each risk from the list of possible ones is a separate expense item.

The policyholder has the right to choose the number and types of risks that seem most relevant to him. Here you need to be guided by common sense and logic.

For example, what is the point of insuring a house against floods if there is not a single river within a radius of 50 km? Or why include the risk of an earthquake in the contract if the cottage or house is located in a seismically favorable zone, where the last catastrophe of this type occurred in prehistoric times?

For a complete picture, we list the main risks against which you can insure your home:

• fires;
• flooding;
• gas pipeline explosions;
• accidents of plumbing communications;
• mechanical damage - shrinkage of the foundation, fractures of supporting structures;
• falling trees;
• lightning strikes;
• natural disasters (hurricanes, tornadoes, rainstorms, hail, etc.);
• illegal acts (theft, burglary, hooliganism, vandalism, terrorism).

This is a standard list: in fact, there are many more risks, and you have the right to include any of them in the contract.

For example, for residents of houses located close to a busy highway, there is a real danger of a vehicle hitting their house. There are people who cannot sleep peacefully until they insure their home against a plane crash.

Naturally, the cost of insurance will increase in proportion to the number of specified risks.

Factor 2. Features of use at home

If the owners do not live in the house all year round, but only during the summer season, then the price of insurance will increase. The cost will be higher if stove heating is used as this increases the risk of fire.

The lack of a drainage system in the building is another factor influencing the increase in tariffs. The degree of deterioration of utility networks is also important. If the wiring in the house was changed under Gorbachev, the calculated coefficient will be higher.

Factor 3. Availability of security systems and alarms

If the insurer's representatives see that the owner takes care of his property and protects it in various ways, the cost of insurance decreases.

The presence of a fire and/or security alarm is a significant plus in favor of the owner. The fact that the walls and insulation of the building consist of modern non-combustible materials will also help you save on insurance services.

Factor 4. Cost of construction and finishing materials

The more expensive the finishing, the higher the sum insured will be, which means the insurance premium should be appropriate. The material from which the house is made also plays a role.

Thus, insuring a wooden structure will cost you much more than taking out a policy for a brick cottage.

Factor 5. Lifetime of the building

The older the house, the higher the risks. Agents are extremely reluctant to agree to insure old and worn-out buildings. In some companies, the age of objects is strictly regulated - insurance is not issued if the house is more than 50 years old.

You will find more information on the topic of property protection in the article “”.

3. How to insure a house or cottage - step-by-step instructions for beginners

Insuring a cottage, house in a city or village is a fairly simple and quick procedure. However, you should know in advance what features this event has.

First, you need to clearly understand that insurance companies are not charities. Even the most conscientious insurer pursues very specific commercial goals. Companies seek their own benefits, you must defend your own interests.

Now let's move on to the step-by-step guide.

Step 1. Choosing an insurance company

A few more obvious but fundamental truths.

A trusted and well-known insurer is better than an unfamiliar company, even if the latter has more attractive rates.

A large company with an extensive network of branches is preferable to a local company known only in your gardening community.

Other criteria for selecting an insurance partner:

• experience – always pay attention to the year the company was founded;
• the total amount of insurance payments for the past reporting period - the higher it is, the more reliable the insurer;
• company reputation;
• large selection of insurance programs;
• reviews from real users (better if they are your good friends).

The presence of a modern functional website also plays a role. Self-respecting insurers have a convenient online resource where you can get advice and even apply for a policy online.

To make it even clearer, let's present the information in table form:

№	Selection criteria	Application in practice
1	Experience	Deal with companies at least 5-10 years old
2	Solvency	The total amount of insurance payments can be found on the company’s website or on federal resources
3	Reputation	Follow ratings from major independent agencies
4	Range of insurance products	The more programs the insurer offers, the higher the likelihood of choosing truly useful insurance.
5	Reviews	You should only trust real reviews

Step 2. Deciding on an insurance package

As I already said, not always and not everyone should purchase the so-called “full package”, into which the agent crams all the risks that exist in nature. Owners of an inexpensive country house will have enough insurance against fire and flooding.

When insuring household property, it is also better to make do with the most valuable things - expensive equipment, furniture and antiques (if there are any, of course).

Step 3. We call a specialist from the insurance company to determine the condition of the home

You can insure property without any inspection - as they say, blindly. You just need to present the company with the necessary package of documents, attaching a photo of your home, and the job is done.

But the disadvantage of this method is that the policy will cost you more, and the insured amount will probably be less than the actual cost of restoring the home.

And vice versa, if a specialist is involved in the procedure, the total cost of insurance will be lower, and the property assessment will be more accurate. At the same time, the professional will recommend you the most popular programs, and perhaps even reward you with bonuses for some merit or just out of kindness.

Step 4. Collecting documents

Each company has its own approach to the “paper” side of things, but the standard set of documents is approximately the same everywhere.

Here is an approximate list of required papers:

• citizen's passport;
• documents for the house and land;
• technical papers - building plan, technical passport.

Since insurers themselves are interested in the speedy execution of the contract, they try not to bother the client with unnecessary paperwork and make do with the necessary minimum.

Step 5. We conclude an agreement

Before signing a completed agreement, take the time to carefully study the terms and conditions of insurance. This will save you from unpleasant surprises in the future. If each point is clear and completely satisfies you, then go ahead, sign your autograph and sleep peacefully.

4. Where is the most profitable place to insure a house - review of the TOP 5 insurance companies

To make choosing an insurance partner even easier, we have prepared for you an overview of the five best companies in the field of private home insurance.

1)Alfa Insurance

An experienced company with many years of experience. Consistently included in the TOP leaders of the insurance market in the post-Soviet space. The independent rating agency "Expert" has given this insurer the highest rating of "A++" for many years in a row.

At Alfa you can insure any home, including a private house in the city and its environs. A product called “Estate Complex” allows you to insure not only the building itself, but also a bathhouse, a garage, outbuildings and landscape buildings, and even the fertile layer of soil.

The organization has been operating in the insurance market since 1947. It has a huge number of branches throughout the country and offers citizens a wide variety of insurance products at an affordable cost.

The main real estate insurance programs are “Freedom” (for buildings worth no more than 6 million rubles), “Express” (budget option), “Platinum” (individual insurance of expensive housing for a period of 3 months to a year).

Joint stock company founded in 1993. Financial stability, professionalism of employees, experience in all insurance areas, a course to fulfill obligations to policyholders in the shortest possible time.

Those who wish can protect their home from risks under the Phoenix Home program. The policy allows you to insure the structural elements of the building, facade and interior decoration, communications, household property, and outbuildings.

4) Insone

An agency offering users ready-made and understandable solutions in the field of protecting personal property, life and health. Cooperates with RESO-Garantiya and Ingosstrakh companies. Quick policy issuance without costing or expert examination.

Here you can insure a private house, a country cottage, an unfinished house. The agency offers a large selection of insurance programs and guarantees minimal costs, timely and prompt payments.

The oldest insurance organization in the Russian Federation. Reliable protection against unexpected expenses, a course on modern technologies, the highest rating “A++” from RA “Expert”. You can insure any residential building with Rosgosstrakh, from a standard country house building to cottages built according to original architectural designs. Users can issue a policy directly on the website and order delivery of the finished document to their home or office.

5. 6 main misconceptions about home insurance

Insurance of private homes is surrounded by a number of persistent myths generated by ignorance and the low level of legal literacy of ordinary citizens.

The time has come to dispel dangerous misconceptions.

Misconception 1. Country house insurance is more expensive than apartment insurance

The reason for this myth is confusion in 2 types of insurance - property and title. Protecting a title is a really expensive proposition because the market value of the home is used for the calculation.

But country house insurance is not title insurance, but property insurance, so the contract is not focused on the sale price of the home, but on the potential cost of restoration work. Hence, the price for insurance services is quite reasonable.

Misconception 2. Insurance will provide maximum protection and guarantee compensation if the house is robbed

Yes, but only if such risk was included in the contract. A standard policy will be useless in case of burglary and robbery, since it protects the interests of the policyholder only in the event of damage to load-bearing structures and internal communications.

Burglary and break-in insurance is a completely different type of contract. It must either be concluded separately, or you must choose special comprehensive programs that provide protection against any risks.

An important nuance: if the theft occurred as a result of the owner’s negligence - for example, when leaving, he forgot to lock the house - then the insurer has the right to refuse payments on legal grounds.

Misconception 3. If your home is insured, you can sleep peacefully during natural disasters.

Yes, if the list of disasters is complete and you have read it carefully. This happens, alas, not always. For example, a house is insured against tsunami, fire and flood, but heavy hail or rain is not included in the list of disasters.

Consequently, if the roof and windows are damaged by hail, it is unlikely that it will be possible to obtain insurance compensation from the company, since the law will be on its side.

Misconception 4. You can only insure the house, but not the land

In fact, you can also insure the land, or rather, the fertile layer, which, in fact, produces the harvest.

That is, if your land was washed away by a flood, you will receive compensation from the insurer - at replacement cost. Landscape work can also be protected from risks.

Misconception 5. If the house is insured, then you don’t have to worry about fire safety rules

Replacement cost is a relative concept. If the contract is concluded without an expert assessment, compensation will most likely be lower than the actual price of repair work.