OREANDA-NEWS. August 2, 2012. It used to be common in Ukraine to insure an apartment or house only at the request of a bank (should there be a contract for a mortgage), but now the insurance becomes more and more important to the owners of real property (houses, apartments) who are not burdened with debt.

There has been considerable interest in property insurance in the private sector among home owners. It is proved by the internal payout statistics of Oranta on property policy: 2009 – UAH 618 912, 2010 – UAH 1 284 178, 2011 – UAH 1 4985 497. The statistics for 2012 is incomplete, however, the upward trend persists. Such data, albeit indirectly, supports the growth of interest in public property insurance.

Clients, who turn to the insurance company with a desire to insure the home or property, tend to be offered different insurance packages. The cost of this insurance depends on what risks one wants to insure. It is clear that the more risks you choose, the more expensive the policy will be. Value of the policy depends on the state of housing, its market value. If the actual value of the property increases, respectively, and the insurance policy will cost more, although the rates have remained unchanged. With this said, the experts advise not to underestimate the real value of property that the client wishes to insure. This will help avoid conflicts with payments in the case of an accident.