OREANDA-NEWS  On 14 October was announced, that IJSC Ingosstrakh launched Homobil, a new package property and car insurance product integrating the best European traditions in insurance. The product offers to clients based in Moscow and other cities of Russia an opportunity to insure an apartment, a country house and a car at a price lower than if a client chose to buy individual policies. Moreover, a client can pay the premium in installments and can choose to come to Ingosstrakh’s office to buy your Homobil policy or have a representative of the insurance company visit you at your convenience and issue it.

The new product is one policy that extends all motor hull and property insurance opportunities available in Ingosstrakh. In particular, the insurer is liable to compensate the damages if a car is stolen or damaged in an accident, by strong wind, icicle, animals or criminals. Moreover, the insurance can cover optional equipment installed in the car, and voluntary third-party liability of the car owner. The client may choose the most suitable form of compensation, whether a cash compensation or repair in best car repair centers. In the event of theft the insurer pays cash compensation regardless of when and where the car was left.

Pursuant to the terms of the policy, Ingosstrakh does not require a road police statement to replace and/or repair window glass, headlamps and antennae, as well as the damaged paint on one part. In the event of severe damages the insurer compensates the cost of recovery of the damaged vehicle from the road incident site.

In the event of insurance of an apartment or a country house, Homobil policy covers such risks as gas explosion, fire, damage by water, theft, act of terror etc. In addition, the owner may choose to insure his/her third party civil liability. Ingosstrakh undertakes to compensate the damages within the insured amount in full without any restrictions or franchise.

Ingosstrakh’s new offer is designated for clients who own apartments and buildings constructed no earlier than 1970. Those clients who are based in Moscow and the region can insure apartments appraised between RUR4.8mln and RUR9mln, and country houses between RUR900k and RUR3mln. In the regions, the terms of Homobil stipulate insurance of apartments between RUR1.5mln and RUR4.5mln, and country houses between RUR1mln and RUR3mln.

As any other insurance product, Homobil has its restrictions. If you want to insure your car, it should be free of any lien, i.e. bought without recourse to a bank loan. In regions of Russia, the policy is available to owners of Russian and foreign cars appraised to be more than RUR300mln in value and manufactured prior to 2003 inclusive. In Moscow and the Moscow Region, the year of manufacture and the price are irrelevant.