Home insurance provides protection against various damages that may happen at any moment and to anyone, including damage to a third party.
What does apartment building insurance include?
Building insurance for the apartment applies to damages to the building of the apartment and includes the following coverages:
- Fire
- Burglary
- Theft
- Damages due to natural disasters (earthquake, storm, flood, etc.)
- Coverage for water damage, piping and other liquids
- Bodily and property damage to a third party
There is a choice between a private plumber and a plumber in an arrangement with the insurance company.
Insurance coverage can also include coverage for the contents of the apartment.
These are objects owned by the residents of the house and include: furniture, electrical appliances, tools, jewelry, books, clothing and other standard items.
All risks insurance covers, among other things, cases of theft or loss of the insured items, both inside the apartment and when they are in the insured’s possession when he is temporarily staying outside the insured property.
We have put together a number of recommendations for you:
- Make sure that the building insurance amount reflects the cost of rebuilding the apartment without the value of the land, and also, the contents insurance amount reflects the contents including jewelry and valuable items.
- It is important to note that the home insurance policy includes coverage for a third party in the event of damage. A fire may cause damage to a third party (neighbors) and thus you will be protected in this case as well. Note that the coverage amount must be at least NIS 1 million.
- If you employ household workers, it is important to take care of employers’ liability coverage.
Maya Insurance Agency Ltd. was established in 1990 and is managed by the insurance agent Maya Paz Levit.
The agency works with the largest and most well-known insurance companies in Israel on a large scale and therefore its clients benefit from unique conditions.
The Maya Paz Levit agency advocates providing personal, quality and professional service to its policyholders.
Contact us on:
WHATSAPP – 0502171148
Phone – 0502171148
Email – chen@ronins.co.il
