Sometimes small, unfortunate coincidences are enough and in a very short time what you have built up over the years with great commitment and effort is destroyed. Home insurance offers reliable all-round protection for your home . Whether fire, water or storm damage – all costs for repairs or new construction, clean-up work or loss of rent are covered. The protection applies to your property and all associated outbuildings and garages.
With “NEODIRECT BUILDING +” you get a comparison of prices and services and find a cheap residential building home insurance for your home . It is worth taking the time to do this, because the cost differences are immense. NEODIRECT BUILDING+ secures your future even in the event of a severe shipwreck. Don’t save at the wrong end: living space is a livelihood.
Elemental protection for your house
INCLUDE ELEMENTAL DAMAGE
Climate change makes it obvious to include natural hazards in the insurance contract.
DETERMINE CONTRIBUTION AMOUNT
The amount of the premium depends, among other things, on the building material and the fire safety of the house. In order to rule out underinsurance, it is advisable to have the value of your property determined by the insurer.
Make sure that you don’t lose any valuable time: Since you are already entitled to an advance payment from the insurance company one month after reporting a claim, you should report any damage immediately.
TERMINATION IN CASE OF DAMAGES
In the event of damage, you can make use of your extraordinary right of termination. However, it is advisable not to cancel until the end of the insurance year, because no insurer is obliged to reimburse you for the annual contribution on a pro rata basis
WHY SHOULD YOU BUY RESIDENTIAL INSURANCE?
Homeowners insurance is an absolute must for any builder or homeowner. It is a prerequisite for the granting of a loan or a mortgage in the case of construction financing. The shell can already be insured and the policy can be transferred to later residential building insurance. As a condo owner, you need homeowners insurance because a fire can destroy everything you own in just a few minutes.
HOW IS THE INSURED AMOUNT CALCULATED?
The amount of the sum insured in residential buildings insurance is determined based on the current new value of your property. In the event of damage, you will receive the sum from the insurer that would be necessary to replace the house or apartment with equivalent value. Information on the type, size, equipment and location of the house are further factors for calculating the sum insured. With a simple valuation scheme, the assessed value of the house in 1914 in gold marks is determined based on your information. The assessed value from 1914 is multiplied by the annually updated construction price index and serves as the basis for calculating the current replacement value. This calculation formula guarantees you the current value of your property. Underinsurance is prevented.
WHAT DOES HOME INSURANCE COVER?
Residential building insurance insures all buildings, outbuildings and garages named in the insurance contract, including all objects permanently connected to them. Damage caused by fire (fire, lightning), mains water (frost, burst pipe) and storm or hail are insured. In addition, natural hazards such as floods or earthquakes can be included in the insurance contract. In addition, costs for clearing and demolition work are also covered.
WHAT TO DO IN CASE OF LOSS?
Report the damage to your insurer immediately – ie within one week. Keep the damage to a minimum: If there is water damage to the mains, turn off the main tap. Seal openings in your home that were caused by storms or hail. In the event of fire damage, please call the fire brigade immediately. Support your insurer with the damage investigation and provide all the necessary documents.