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Protect Your Assets With Insurance From A Trusted Company - Azant Insurance Service

Posted: Mon 30 Oct 2023 2:58 pm
by AzantServices
Your home is one of your most valuable possessions, many of you will have spent years working and saving hard to purchase your dream home in North Cyprus. The TRNC is prone to Tornados, and although the last substancial recorded earthquke in Lefkosa was recorded in 2021 (and the south 2022) West Kyrenia and the whole of the north lies on several tectonic plates. If you were to search the internet you can see that Cyprus experiences small earthquakes on a regular basis.

Insurance is to cover your possessions against earthquake, Tornado, flood, fire and theft.
If something happens to destroy or damage your house and possesions, it can cost a lot of money to replace these items.

Home insurance is an investment that you take on to protect your home and family comforts. Giving you financial protection and peace of mind.

How do you calculate buildings cover

We calculate by using the square meterage of your property, and the rate per sqare metre set by the TRNC Insurance Association and Insurance companies.

Dependent on your type of build this can be anything from 450 GBP to 1500 GBP. But Villas and apartments are generally 850 GBP.

For example if your property was 120 m2 – 120 x 850 GBP = Rebuild cost would be 102,000 GBP

How do you calculate contents

You will need to clculate the cost of replacing your contents, and the best way to approach this is to address each room individually and make notes:
You have to ensure that you do not undervalue or overvalue your belongings: consider if your house was flooded, or a fire breaks out, or a theft occurs.
• Living & Reception Rooms
• Bedrooms
• Bathrooms & WCs
• Gardens, Gazebo, Carport & Outbuildings: Note - Not all insurers will cover independent outbuildings.

Valuable items such as Jewellery and mobile hand held electronics are generally not covered by insurance in the TRNC. (Items can be insured only if they are stored in a commercial safe.)

As you assess each room take photos, the insurance provider will need them especially in the event of a claim. Sometimes we can come and help assess your requirements.

Although TRNC insurance is not as good as in the UK or Europe, it is definately worthwhile having insurance in place for emergenciies.
Standard cover includes: Earthquake, Flood, Storm,Fire & Theft, Mallicious Acts & Terrorism. Neighbourhood Liability, and Plate Glass.
Please note that excesses will apply.

For a no obligation quote or just for information please contact us on 0090 533 844 0019 or 0090 533 833 0841 or email us on info@azantinsurance.com or azant@azantinsurance.com