Household Property Insurance
The Household Property package insurance is designed for insurance of residential buildings - houses and apartments, furniture, household and computer equipment, intended for use in the private life of the insured and the members of his/her family and household.
Whom is the insurance designed for?
Real estate
Residential buildings - houses and apartments;
Outbuildings, basements, attics, garages.
Movable property
Furniture, Household and computer equipment intended for use in the private life of the insured person and members of his family and household, located at the address specified in the insurance contract.
Advantages
- Insurance coverage for additional premises to the property - basement, attic, garage, outbuilding;
- Insurance is concluded without prior inventory list and evaluation of the property;
- Various packages are offered with different combinations of covered risks, coverage, and limits for movable and/or immovable property according to the individual requirements of the client;
- 24/7 free emergency assistance for managing and mitigation of occurring insured events;
- Insurance is taken out without applying a deductible;
- Opportunity to choose currency –Bulgarian lev or Euro.
What risks are covered by the insurance?
- Covered are damages resulting from: fire and the consequences of extinguishing it, lightning (thunder, a flash of lightning); explosion and implosion; falling of and impact by aircraft and parts thereof.
- Storm, hurricane, whirlwind, tornado, damage from falling branches, trees, etc. hail and the consequences thereof, torrential rain, flood due to natural disaster;
- Water supply and sewerage damages –covered are damages resulting from breakdown of plumbing, sewerage, heating and air-conditioning installations and / or pipes; sudden leakage of water from sprinkler systems;
- Damage to property in case of impact from self-propelled machines and/or during loading and unloading with loading-unloading machines during an accident in which they are involved; damage to property during its transportation from one address to another by own or rented transport;
- Short circuit / current rush;
- Impact from a motor vehicle or an animal;
- Earthquake;
- Burglary;
- Malicious acts of third parties;
- Fire resulting from malicious acts of third parties;
- Vandalism and vandalism in an attempted burglary of real estate;
- Terrorism;
- Third party liability;
The insurance coverage also includes:
- Actually incurred expenses necessary for prevention of an insured event (including for relocation or protection of insured property), as well as for limitation or mitigation of damages after an insured event, incl. the costs for clearing debris and remnants of such property, in the total amount of up to 5% of its sum insured.
Emergency assistance * for the home 0800 10 200: the HouseholdPropertyinsuranceof LevInsprovidesemergencymanagementserviceby a specialized technician without payment of an additional premium.
- Plumbing services (labor and materials)
- Electrical services (labor and materials)
- Locksmith services (labor and materials)
- Glass services (labor and materials)
* Emergency assistance for the cities of Sofia, Plovdiv, Varna, Burgas, Stara Zagora, Ruse, Veliko Tarnovo, Vratsa, Pleven and Blagoevgrad and within 30 km distance therefrom.
Plumbing services (labor and materials)
Locksmith services (labor and materials)
Electrical services (labor and materials)
Glass services (labor and materials)
* Emergency assistance for the cities of Sofia, Plovdiv, Varna, Burgas, Stara Zagora, Ruse, Veliko Tarnovo, Vratsa, Pleven and Blagoevgrad and within 30 km distance therefrom.
Coverage options:
You can choose insurance coverage which meets your needs and protects your movable and immovable property.
Frequently asked questions
What is insured under Household Property Insurance?
The household Property insurance protects both your real estate and the contents therein. Real estate includes dwellings (house and/or apartment).
Along with the house the insurance can cover basements, attics, garages and outbuildings only if they are mentioned in the title deed. Movable property insurance includes furniture, household and computer equipment.
What risks are covered?
-FIRE (A) – covered are damages resulting from fire and the consequences of extinguishing it; lightning (thunder, a flash of lightning); explosion and implosion; fall and impact by aircraft and parts thereof.
-NATURAL DISASTERS (B, B1) - storm, hurricane, whirlwind, tornado, damage from falling branches, trees, etc., hail and the consequences thereof, torrential rain, flood due to a natural disaster;
- BREAKDOWNS (V, V1, V2) –water supply damage. Covered are damages resulting from breakdown of plumbing, sewerage, heating and air-conditioning installations and/or pipes; sudden leakage of water from sprinkler systems;
- Damage to property in case of impact from self-propelled machines and/or during loading and unloading with loading-unloading machines during an accident in which they are involved; damage to property during its transportation from one address to another by own or rented transport;
- SHORT CIRCUIT / CURRENT RUSH (V3);
-IMPACT FROM A VEHICLE (motor vehicle) OR AN ANIMAL (V4);
- EARTHQUAKE (Z);
- BURGLARY (K1);
- MALICIOUS ACTS OF THIRD PARTIES (C);
- FIRE RESULTING FROM MALICIOUS ACTS OF THIRD PARTIES(C1);
- VANDALISM AND VANDALISM IN AN ATTEMPTED BURGLARY OF REAL ESTATE (C2);
- TERRORISM (T);
- THIRD PARTY LIABILITY(O);
- EXPENSES (P).
Since when is the insurance considered valid?
The insurance comes into force after its payment or if deferred payment is chosen - after receipt of the first installment.
How long is your insurance valid?
The insurance is valid for a period of 1 year.
Can I insure a home abroad?
No, Household Property Insurance is valid only for the territory of the Republic of Bulgaria.
What should I do if I change my address or property?
In case you make a change in your name or mailing address during the operative period of the insurance, you should contact a representative of Lev Ins and inform him/her about the changes.
What should I do in case of abreakdown (insuredevent)?
In case of an insured event you must immediately notify the fire brigade and/or the police, as well as other competent authorities, if necessary.
Within 3 / three / working days after that you must notify in writing the nearest agency of Lev Ins. It is important to keep the damaged property for inspection by the insurer.
The term for notification in case of an event under the risk of burglary is 24 / twenty-four / hours after becoming aware thereof.
How is indemnity paid?
The indemnity is paid to the insured person (or the beneficiary under the contract) only by bank transfer to the bank account indicated by the person.