House insurance

Having house insurance in Greece is vital due to several factors unique to the region. Greece is prone to natural disasters like earthquakes and wildfires, making the need for insurance even more critical. House insurance provides the necessary financial protection in case your property is damaged in such events. Additionally, burglary rates and property crimes are not uncommon in certain areas of Greece, making insurance coverage important for safeguarding your home against theft and vandalism. By having house insurance in Greece, you can mitigate risks specific to the region and ensure that your property and belongings are adequately protected.

 

House insurance protects your most valuable asset, offering financial protection against unforeseen events such as natural disasters, theft, or damage. By investing in this vital insurance policy, you can safeguard your home, and financial future, creating a foundation of stability for you and your loved ones.

"Jason is an incredibly kind person and very helpful agent. We had just moved to Greece last August and he spoke perfect English and helped us find the right insurance for our children. He met us at home or outside, bought us a coffee and patiently explained the whole process. He even received messages 24 hours a day. I highly recommend him!!"

Tania Goudas

Replacement value term

Anything damaged in the residence will be replaced as new.

This is something very important to be compensated properly. In the event that an object cannot practically be replaced with a new one (because it does not exist) it will be replaced with a new similar object of the same value. The "replacement value with a new one" of course also applies to the damages that will be caused to the content

 

Fire coverage

Accidental fire damage to your home or your belongings is covered 100%. Forest, bush, tree fire is covered by your insurance regardless of whether it was caused by an accidental cause or by arson.Smoke can cause great damage to the property as well as to the contents of the residence.

Smoke damage is covered by your insurance policy.

Liability from fire is also covered.

Earthquake coverage

Greece is the 6th country in the world and the 1st in Europe in earthquake activity. 

Your insurance covers earthquake damages and the total destruction of the property due to an earthquake.

Even in an earthquake-proof house, damages of several thousand euros can be caused.

Coverage from natural disasters

Damages caused by natural phenomena are covered.

Flood damages caused by water from rain, river, lake, stream, canal, dam, are covered.

Damages caused by frost, snow, hail, falling trees and falling poles are also covered.

Theft and break-ins coverage

Theft coverage is provided for protection against the loss of personal belongings due to theft or attempted theft. If items are stolen from your property, you may be eligible for compensation up to the specified coverage limit outlined in your policy. To file a claim for theft, you usually need to report the incident to the police and provide a detailed account of the stolen items. The insurance company will then assess the claim and determine the appropriate compensation based on the policy terms and conditions.

Additional coverage

  1. Coverage from malicious actions
  2. Coverage for acts of terrorism, strikes, political disturbances

  3. Coverage for damage caused by aircraft accidents

  4. Vehicle Collision coverage

  5. Coverage for subsidence, landslides 
  6. Coverage for mirrors, glass doors and windows
  7. Coverage for debris removal, temporary accommodation costs and home contents storage transport costs
  8. Coverage for architects, engineers' fees after a destruction, neighboring buildings liability cover, property owner's liability cover
  9. Legal expenses
  10. Coverage for the cost of issuing a new passport, driver's license, work permit, residence permit and Police ID if they are damaged due to covered risks
  11. Coverage for the costs of pumping water from the residence plus liability coverage
  12.  Costs incurred to prevent/limit ongoing damage to your home are covered
  13. Items in a bank safe deposit box are covered against the risks of fire, flood, and theft by break-in or climbing
  14. Coverage for works of art and collections 
  15. Coverage for explosion
  16. Liability coverage