Your property is the most valuable thing you have acquired, whether it is your home or your business and its insurance is definitely of utmost importance. Unforeseen phenomena can damage your property and cause unwanted consequences, which is why it is always important to be proactive.

The property insurance offered by our company is divided into two coverages: Fire Insurance and Theft Insurance. Fire Insurance concerns the insurance of the building and its contents and Theft Insurance concerns only the contents and/or attachments. Building can be a house, an apartment, a country house, an office, a shop, a workshop, a warehouse or a factory. Our company gives you the opportunity to choose between various specialized insurance programs/packages with a wide selection of coverage for any type of building and/or their contents.

The risk of fire is probably the most frequent danger to our property. By insuring our property today, we ensure that in such an unpleasant event, the financial part of the disaster will be covered.

The Fire Insurance offered by the company is a comprehensive program that concerns the insurance of buildings and their contents against Fire and Lightning. In addition, this Insurance policy also offers a multitude of other optional risks.

Basic Coverage
The Policy’s basic coverage includes loss or damage to the building and its contents caused by:

• Fire.
• Lightning.
• Explosion of boilers and/or gas used for domestic purposes.

Additional Coverage
Additional Coverage includes loss or damage caused by:

• Earthquake or volcanic eruption.
• Storm, Thunderstorm or hurricane.
• Flooding.
• Malicious damage.
• Breaking of water pipes or overflowing of water tanks.
• Escape of Water.
• Riots and strikes.
• Impact of vehicles, falling aircraft or other flying objects and/or objects falling from them.
• Explosion (beyond that mentioned above).
• Fire resulting from the burning of forests and bushes or deforestation.
• Architects fees, legal advisers due to loss or damage caused by the risks mentioned above.
• Expenses for the removal and demolition of debris as a result of loss or damage caused by the insured perils.
• Loss of rent, (when the insured building is rented to other persons), as a result of loss or damage caused by the covered perils.
• Possibility of extending the coverage according to the needs of the insured.

Exceptions:
Fire Insurance is subject to exclusions, some of which are:

• War risks.
• Terrorist acts, nuclear radiation and/or contamination by chemical and/or biological substances.
• Riot, strike, counter-strike.
• Burning (whether accidental or not) of forests, bushes, grasslands or the deforestation of land by fire.
• Spontaneous ignition of the same object or its fermentation or heating or subjecting it to any process involving the application of heat.
• Volcanic eruption and earthquake.
• Regarding damage from theft or attempted theft.
• Short circuit or self-heating.
• Loss of revenue or other consequential damage.
• Loss or damage to Stocks/Merchandise stored below street level unless stored on palettes or on racking at least 15 centimetres above floor level.