PROPERTY INSURANCE

Property insurance is a type of insurance with a property interest associated with the possession, use and disposal of property is the interest insured. The policyholders are any enterprises or organizations of various organizational and legal forms.

As a rule, immovable and movable property is generally accepted for insurance: buildings and structures, premises, warehouse complexes, outbuildings, furniture, production and other equipment, computer and office equipment, video and audio equipment, electronic devices, window glass panes and mirrors, showcases, billboards, masts, goods stored in a warehouse and other property owned by the insured.

The basic risks subject to insurance are as follows:
 

• Fire, lightning, explosion;
• Falling of manned flying objects or their debris;
• Natural disasters;
• Water damage as a result of an accident in plumbing, heating, fire-fighting and sewerage systems, water penetration from neighboring (other persons’) premises;
• Misappropriation (theft, robbery, looting);
• Unlawful actions of third parties;
• Terrorism, sabotage;
• Breaking of window panes, showcases, mirrors;
• Vehicle collision

If necessary (required by the insured), this list may be supplemented upon agreement with the insurance company.

The insurance agreement establishes exclusions - those events in which the insurance company is not obliged to pay insurance compensation.