Property Insurance

• Calling us at 210 93 76000 (charge based on each provider)
• Via email at [email protected]
• At our headquarters, at 171 Andrea Syggrou Avenue, 17121, Nea Smyrni

In order for your insurance to take effect, you must have paid the first instalment premium or the total premium, depending on the frequency of payment you have chosen. The duration of the insurance (start and end time and time) is stated in the insurance policy. The insurance can be renewed with the same or other terms and coverages, provided that the premium for the next period is paid within the specified payment date.

The insured value is defined for the building per square meter of construction cost and the content depending on its type (furniture, equipment, goods, machinery, etc.).

There are two cases of valuation.

Compensation at fair value

• In case of damage to the insured property, the age of the building or its contents will be taken into account, and their compensation will be based on their actual value, with the result that the insured will be charged with the cost of this age.

Compensation at new property value 

• It is possible to provide a new value in the insurance policy of the insurance term. In this case, the items for which it has or for which this condition is provided are reimbursed at full replacement value as new.

Usually, items of exceptional value, such as electronic devices, handmade rugs, silverware, and other related items worth more than € 1,500 per piece, should be recorded in detail in the insurance policy with the brand, type and value.