Does your home have earthquake insurance? It is very difficult to find an insurance company that accepts to cover this type of natural phenomena, especially if you are looking at a house located in a risk area.
The contracting of a multi-risk housing insurance covering seismic phenomena guarantees the payment of any damages in the event of earthquakes, earthquakes, tidal waves or even volcanic eruptions.
It is difficult to hire this type of insurance, especially if the house is old or if it is in high risk areas, such as in the Azores or Algarve.
The price of the policy with multi-risk coverage in housing depends on several factors, so it is not the same for all situations. The characteristics of the property are included in the count, bearing in mind the year of construction, material used and the state of conservation. It also takes into account the location of the house and whether it is considered a permanent home or used as a holiday home.
In the case of a little used property, or more isolated, you will pay a higher premium. Here, too, weight is greater if the consumer exercises his profession at home.
The coverage against these natural phenomena is not only difficult to contract, but also requires high expenses. The greater the risk of this type of catastrophe occurring, the higher the price to be contracted.
Insurers to establish the concrete value of the contract calculate the data using a table that classifies each county in the country and regions and organizes them by five levels.
Faced with a high risk, many insurers even refuse to enter into a contract of this caliber, as they show strong signs of financial loss.
If you want to purchase insurance with this type of coverage, DECO advises you to carry out a prior research and to compare the different prices charged by different insurers.
Inquire with us of your rights.
Count on the support of DECO MADEIRA through the telephone number 968 800 489/291 146 520, from the electronic address email@example.com. You can also make an appointment via skype. Follow us on social media Facebook, Twitter, Instagram, LinkedIn and Youtube!