Apartment All Risks Insurance + War Risks

ONLINE APARTMENT INSURANCE – HOW IT WORKS

Apartment insurance is a financial tool to protect your property and you from unforeseen losses. A reliable insurance policy protects the homeowner or tenant from significant expenses for repairing or rebuilding the apartment, as well as replacing damaged property in the apartment in the event of an insured event.

The key reasons to take out apartment insurance are:

● Compensation for losses from the most common risks (including war risks);

● Protection of property up to the amount of UAH 2,000,000;

● Compensation for damage to neighbors if their home was damaged as a result of unintentional actions on your part;

● Only two documents are required for registration: passport and TIN;

● You can insure both your own and rented apartment without documents of ownership and property inspection.

What does apartment insurance cover?

Comprehensive apartment insurance includes indemnification for damages to structures and communications in the apartment (including windows, balconies, and loggias), interior decoration, furniture, household and other appliances, and interior items in the event of an insured event. Such events include:

● Natural phenomena (lightning strike, storm, and other natural disasters);

● Domestic incidents (fire, smoke, flooding, explosion of household gas);

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

● War risks (falling missiles, UAVs and drones, explosions of ammunition and mines, except for nuclear, biological and chemical weapons).

Indemnification of losses to third parties (civil liability) occurs if a fire, household gas explosion or flooding occurs through the fault of the user or owner of the insured dwelling, which causes damage to the life, health or property of neighbors (provided that it happened unintentionally).

For more information on the features of online apartment insurance, as well as instructions on how to insure your home on the Visit Ukraine website, see below.

APARTMENT INSURANCE AGAINST BASIC AND WAR RISKS ONLINE ON THE VISIT UKRAINE WEBSITE

Home insurance acts as a reliable shield that guarantees financial stability and psychological peace of mind for the policy holder in the event of any unforeseen events. The key advantage of apartment insurance on Visit Ukraine is the almost instant compensation for the cost of restoring damaged property without devastating financial consequences for the family budget. Instead of having to deal with the consequences of an insured event out of their own pocket, the owner or tenant of an apartment receives professional support and financial assistance from the insurance company.

At the same time, you need only 5 minutes of free time and a minimum of expenses to take out insurance, because the price of apartment insurance is quite affordable for everyone.

In addition, we guarantee our customers:

● 100% online registration without the need to meet with an insurance agent to assess the property and property;

● flexible insurance coverage in the amount of UAH 125,000 to UAH 2,000,000, which the client chooses independently

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

● 24/7 customer support;

● insurance from a proven and reliable insurance company with a good reputation in the market.

How to take out apartment insurance on the Visit Ukraine website?

To take out apartment insurance, follow the link and follow these simple steps:

1. Select the sum insured (depending on your estimate of the value of the property and property) and the date of the policy's commencement.

2. Fill in the form with the information about the property (city and address of the apartment to be insured) and the person insuring the property (full 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. Get a ready-made apartment insurance policy to the specified e-mail.

Features of home insurance: what you need to know before taking out insurance

Online apartment insurance has its own peculiarities that you should know before buying insurance. First of all, the insurance commencement date should be no earlier than 10 days after 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, 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 affects the price of apartment insurance?

The cost of an insurance policy for an apartment covering basic and war risks depends on one key factor – the amount of insurance coverage that the client chooses independently.

The price is not affected by the area of the apartment and the number of rooms, the floor on which the apartment is located, the cost of repairs or household appliances, the number of people registered in the apartment, or other additional factors. The client can independently assess the condition of the property and choose the appropriate amount of insurance.

The cost of insurance for an apartment covering basic and war risks for 1 year will cost:

*prices in UAH depend on the current exchange rate

If you are looking for a more affordable option for home insurance, you can take out an apartment insurance policy with basic risks coverage on the Visit Ukraine website, which is much cheaper but has similar coverage (except for compensation in case of damage to the apartment as a result of military operations).

What are the restrictions on apartment insurance?

1. Real estate requirements: the apartment must be put into operation, all repair and restoration work in the premises must be completed.

2. Housing condition: it is impossible to insure an apartment that is pledged to a bank or any other financial institution.

3. Location of the dwelling: 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?

Apartment insurance can be taken out by:

● Owners or co-owners of real estate;

● Tenants of apartments.

To take out home insurance online on the Visit Ukraine website, you only need a passport and an identification code (TIN).

What to do in case of an insured event?

In the event of an insured event, you should:

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 the insurance indemnity.

Insurance is not an expense, but an investment in peace of mind and financial stability. After all, in times of uncertainty and constant challenges, protecting your home is critical. Visit Ukraine offers the best insurance products from reliable insurers that will provide comprehensive protection for your property.

Do not hesitate – protect your future today!