House Owner Insurance of Commercial Property
House Owner’s Insurance is a valuable addition to the mandatory fire insurance. The insurance provides broad protection against unexpected and sudden events that cause damage to real estate.
Damage to property is often very costly, so it’s reassuring to know that house owner’s insurance is in place in the event of a loss.
The insurance covers
- Water damage caused by leaks from the plumbing system.
- Damage due to sleet thaw.
- Frost damage indoors.
- Burglary or attempted burglary.
- Glass breakage.
- Breakage of fixtures, stovetops, and sanitary equipment.
- Soot deposits from fireplaces.
- Damage caused by heavy snow load.
- Storm damage when wind speed reaches 28.5 meters per second.
- Damage caused by aircraft or a part of an aircraft falling on the property.
- Liability insurance.
The insurance does not cover
- Damage that has occurred gradually and results from lack of maintenance.
- Water damage caused by external water sources.
- Glass damage occurring during construction work.
- Damage attributable to construction defects.
- Please note that the above list is not exhaustive. Further information can be found in the insurance terms.
- In case of discrepancy between this list and the insurance terms, the insurance terms applies.
Insurance Terms and Other Information
The insurance terms is your contract with VÍS. It is important to thoroughly read the terms and understand what is covered and what is not, before purchasing the insurance.
We point out that the information document contains a brief summary of the main aspects of the insurance. Further information about the insurance can be found in the insurance terms.