Personal property insurance: features and rules
Personal property insurance isone of the most popular and popular species among the population. The fact is that, having insured its movable and immovable property from damage or theft, a citizen can no longer worry about the occurrence of an unforeseen event. In any case, a person, even after losing valuable things, can soon purchase them again for payments received from the relevant organization. About how to insure your property, to protect your financial interests, will be told in this article.
Why do you need to insure your property?
Our citizens are used to living with the positive, they and inhead does not come to the thought of fire, flood or other emergencies. How it becomes insulting when all the property, in which huge amounts of money and resources were invested, burns out completely and can not be restored. But you could have insured it and bought a new amount paid by the insurance company.
Of course, one can not foresee all extraordinarysituation, but it is possible to insure against possible harmful influences or circumstances to which a valuable thing is exposed. This is why every year the number of contracts with agents of similar organizations increases.
Voluntary insurance
Insurance of property of individuals forvoluntary basis implies that the citizen decides on his own will to insure his valuable things. The contract specifies either a standard set of unpleasant incidents (fire, theft, flood, etc.), or those risks to which the property is subject to the discretion of the owner.
The cost of voluntary insuranceis calculated individually for each customer, depending on the type of property and its service life. It is important to remember that not all valuables can be considered as an object of insurance. This is because if the property has value for the owner (for example, the thing is expensive as a memory), then for the company it is just a piece of paper or a bauble. Each subject of the contract is strictly regulated by the rules of a separate insurance organization, therefore, before choosing an insurer, it is necessary to carefully study the conditions of its operation.
Compulsory insurance of property of individuals
The most common object of mandatoryproperty insurance is the protection of vehicles in an accident. It is mandatory for all citizens who have a car, because the likelihood of an emergency is very high. Also, compulsory insurance is subject to residential premises and houses of citizens subject to high risk. For example, those buildings that are located in the seismic zone.
Insurance of property of individuals is strictly regulated by law, and you can ask about the objects that must necessarily be insured.
How to insure property
Having decided that it is necessary to protect againstdamage or loss, as well as with what, that is, by choosing insurance cases, as a result of which property may suffer, you can safely go to your agent. First of all, it is necessary to choose a reliable organization in order for it to insure the property of individuals. Rosgosstrakh is one of the largest and most reliable companies that helps to protect valuable things of citizens.
When choosing an insurance company, one should take into account the experience of its work in this market, customer references, as well as tariffs and the cost of services. Today you can find a description of any organization and learn its reputation.
After the insurer is determined,you need to go to him to conclude an agreement. Before making a contract, the insurance agent will assess the property and enter into the policy those unpleasant situations from which, in fact, the owner himself defends himself.
How much does it cost to insure property of individuals
In addition to valuing valuable things, you will have to paypersonal property insurance tax. The cost will be calculated individually for each customer. However, for car insurance there are certain prices and tariffs, which can be clarified by the representative of the company. Only the OSAGO policy, which protects the civil liability of all drivers, has a strictly regulated tariff. It is the same in all insurance companies, but the cost of insurance for an apartment or other valuable property of the owner should be checked with the agent.
In any case, physical property insuranceindividuals whose tariffs are calculated individually, will be able to protect the interests of clients in unforeseen situations, and will be much cheaper than, for example, buying new housing for own money. The companies take the estimated value of the insurance object as the basis of calculation and multiply it by the tariff rate, which is from 0.2 to 3.1%. The higher the probability of an emergency, the higher the percentage. To simplify your calculations, you can use a special calculator to calculate the sum insured, which can be found on the company's official website.
Helpful Tips
Before calling a company representative forevaluation of property and conclusion of a contract, an independent expert should be called in. He will be able to adequately assess valuables, not understating their value, as do many insurance organizations. Personal property insurance is a profitable niche in this market of services. That is why, wanting to earn even more, unscrupulous insurers are trying to deliberately underestimate the value of their customers' valuable items. In order to avoid such unpleasant situations in the future, it is better to show the evaluation form to independent experts and to conclude a contract.
