Apartment All Risks Insurance

HOW DOES ONLINE APARTMENT INSURANCE WORK?

Apartment insurance is a tool to protect your real estate, property, and personal peace of mind. By taking out insurance, you get protection against the most common risks that can damage your home and personal belongings, because in the event of an insured event, you can receive financial compensation for damaged, destroyed, or stolen property.

Here are some good reasons why you need to take out apartment insurance:

● Compensation for losses from the most common risks;

● Protection of real estate and property up to UAH 2,000,000;

● Compensation for damage to neighbors if their home is damaged due to unintentional actions on your part;

● Registration takes 5 minutes and only two documents are required: passport and TIN;

● You can insure both your own and rented apartment without any additional complications;

● Affordable cost of insurance.

What does apartment insurance cover?

Apartment insurance, which can be arranged on the Visit Ukraine website, includes compensation for:

● Structural elements of the apartment (including windows, balconies and loggias);

● Engineering communications;

● Interior decoration of the premises;

● Furniture and household appliances;

● Interior items.

Indemnity is paid if the property is damaged as a result of insured events. Such events are:

● Natural phenomena (lightning strike, storm, hurricane, etc.);

● Domestic incidents (fire, smoke, flooding, etc.)

● Unlawful acts of third parties (property damage, theft, robbery, etc.).

Please note! This type of insurance does not cover war risks (falling missiles, UAVs and drones, explosions of ammunition and mines, terrorist acts or other disturbances, etc.) If you want to get full protection for your real estate, we recommend taking out apartment insurance with war risk coverage. This type of insurance is also available on the Visit Ukraine portal.

Additional insurance benefits

A special feature of apartment insurance is civil liability coverage: if your unintentional actions (fire, gas explosion, flooding) cause damage to the property of your neighbors, the insurance company will compensate for the damage.

Read more about the peculiarities of online apartment insurance, as well as instructions on how to insure your home on the Visit Ukraine website below.

BASIC APARTMENT INSURANCE ONLINE ON THE VISIT UKRAINE WEBSITE

An insurance policy creates a conditional barrier between your property and unforeseen life circumstances, providing comprehensive protection against possible surprises and financial losses. By taking out insurance, you get a guarantee that you will not lose all your property due to a sudden fire, natural disaster, robbery or other circumstances. In other words, it is an investment in your peace of mind and financial stability.

On the Visit Ukraine portal, it takes about 5 minutes to take out insurance, and the cost of insurance is affordable for everyone. At the same time, we guarantee our customers:

● 100% online registration without meetings with insurance agents to assess the property;

● Flexible insurance coverage from UAH 250,000 to UAH 2,000,000, the amount of which is chosen by the client;

● Transparent pricing system that does not depend on the area or floor of the apartment;

● Round-the-clock customer support;

● Simple and clear system of compensation in case of an insured event;

● Insurance from proven and reliable insurance companies with many years of experience and a good reputation in the market.

How to take out apartment insurance online on Visit Ukraine?

To take out basic apartment insurance, you need a minimum of time, documents, and costs.

1. Select the sum insured (to do this, estimate the real value of the property and property yourself).

2. Indicate the region where your property is located and select the date of the insurance start.

3. Fill in the form with data on the property (city and address of the apartment you insure) and the person insuring the property (name, date of birth, passport details, TIN, contact phone number and e-mail).

3. Agree to the terms and conditions of the contract and confirm the registration (through a special code that will be sent to the specified e-mail).

4. Pay for the insurance in a way convenient for you: a card of any bank of the world (Visa or Mastercard), Apple Pay, Google Pay and American Express payment systems, or payment in installments (if the cost of insurance exceeds UAH 4,000) through WayForPay (Monobank, PrivatBank, A-bank).

5. Receive the finished insurance policy to the specified e-mail.

Please note! The effective date of the insurance should be no earlier than 10 days from the date of the policy issuance (the date of the contract conclusion). That is, for example, if you take out insurance on January 1, 2025, then the insurance can begin no earlier than January 11, 2025.

*The registration form on the Visit Ukraine website provides for this restriction, so it is impossible to choose the “wrong date”.

What is the price of apartment insurance and what does it depend on?

The price of insurance does not depend on the area of the property, the floor on which the apartment is located, the number of rooms, the cost of repairs, and other factors. The cost is formed depending on two clearly defined parameters:

1. The amount of insurance that the client chooses independently;

2. The region where the property is located (Kyiv and its region or other regions of Ukraine).

For example, the price of insurance for an apartment covering basic risks in Kyiv for 1 year will cost:

*prices in UAH depend on the current exchange rate

The insurance payment system is completely transparent, there are no hidden fees on the Visit Ukraine website.

What are the restrictions on apartment insurance?

1. Real estate requirements: it is impossible to insure an apartment that is pledged by a bank or any other financial institution.

2. Housing condition: the apartment must be put into operation, all repair and restoration work in the premises must be completed.

3. Location of the property: any region of Ukraine, except for the frontline territories where active hostilities are taking place and the temporarily occupied territories, these are: Donetsk, Luhansk, Zaporizhzhia, Kherson, Mykolaiv, Dnipro, Kharkiv, Sumy, Chernihiv regions (except for the city of Chernihiv, Nizhyn and Pryluky districts) and the Autonomous Republic of Crimea.

4. Property not covered by insurance: cash, jewelry, documents, books, toys, paintings and other works of art.

Who can take out apartment insurance?

● Owners and co-owners of real estate

● Tenants of housing

To take out apartment insurance, all you need is a passport and an identification code (TIN).

What should I do in case of an insured event?

In case of an insured event, you should follow the following algorithm of actions:

1. Notify the insurance company within 2 days.

2. It is advisable to record everything on a photo/video and keep the damaged property in the same condition until the arrival of a representative from the insurance company

3. Set the time of inspection of the damaged property with a specialist and upon arrival, jointly draw up an inspection report of the damaged property.

4. Submit to the insurance company a statement of the insured event with the original signature, as well as documents confirming the fact of its occurrence from the relevant authorities or institutions (police, SES, etc.).

5. Receive insurance indemnity.

Apartment insurance is not an expense item, but an investment in peace of mind and financial stability. Visit Ukraine offers the best insurance products that will provide comprehensive protection for your property.

Do not hesitate – protect your future today!