The property represents a large portion of the assets of a family or company. And there are several problems that can affect its structure and interior. For this reason, it is important to be able to count on the coverage of real estate insurance to resolve them quickly and minimize the damage caused.
After all, accidents, failures related to misuse or lack of maintenance and even natural disasters are just some of the misfortunes that can affect a property, causing damage and discomfort.
Thus, it is recommended to have insurance that protects your assets. But, it is necessary to be careful when hiring a plan so that it is ideal for your needs and does not bring more problems in an eventual accident. Want to know how? Continue your reading and we’ll talk about it.
How to hire the ideal home insurance
A property insurance covers a series of damages to its structure and also to the material goods that are inside it. However, it all depends on the policy and the contracted insurer.
This is because there are the most varied coverages. They basically include protection against fires, gales, thefts and electrical outages. However, there are still a series of other additional coverages, such as civil liability, against flooding, 24-hour assistance, among others that may complement the policy.
In addition, the insurer must have the credibility to offer protection to your property. Therefore, we have separated some tips below to choose the best plan and to hire the ideal property insurance for you. Check out!
1. Know your profile well
Property insurance has different types of coverage precisely to fit all profiles. Thus, to find out which ones are best for your case, it is important to outline your profile, assessing which are the risks that your property is most at risk and which are irrelevant.
If your house is in an area with a lot of burglaries, if you suffer from car crashes on the walls, if there is a lot of lightning and lightning, or if the property is in flood areas, these are some examples of risks that must be taken into account when the time of choice.
Also, think about the situation of the electrical network in the house, the plumbing, if there are children and dogs, among other situations that increase the likelihood of damage.
2. Find a credible insurance company
Check if the insurer has experience in the market if there are not many complaints from it on the internet and consumer protection agencies. See, also, if both the insurer and the broker are registered with the Superintendence of Private Insurance – Susep.
3. Get coverage information
First, see what basic insurance coverage is. Then ask the broker to show you any extras. Only hire those who fit your profile.
If the house or apartment is in a condominium, check his policy first. Many situations are already understood by the insurance of the condominium and it is not necessary, therefore, to cover them again.
4. Know the franchise value
Ask, before closing the contract, for the price of the franchise. This is the amount you will have to pay in the event of the insurance being triggered due to a claim.
See, too, if there are free deductible coverages and in which cases it should be paid. Often, the collection of deductibles on services and additional coverage ends up making it impossible to contract a policy.
5. Read your contract carefully
At the end, check that everything that has been agreed is written in the contract. Amounts to be paid, deductible, duration of the policy, basic and additional coverage, etc. Also, make sure that your data and that of the property are correct. They are important items so that there are no problems when triggering your insurance in a claim.
As we have seen, property insurance is important to protect the real estate assets of a family or company. However, it is necessary to choose a serious insurance company and the coverage that best fits your profile, so that there are no unnecessary payments, nor that the policy fails to cover a loss caused by a claim.
Did you like our tips? Do you want to know more about the real estate market? So take the time to read our 5 essential tips for those who want to buy their second property!