Homeowners

Insurance of buildings

Our building insurance provides comprehensive protection for your flat, family house, or building under construction, including all construction components. We also insure secondary structures, garages, building materials, machinery, and equipment.

What do we cover?

We cover a wide range of costs, including:

• Rescue costs
• Removal of remnants after damage
• Cleaning and drying of damaged parts
• Water or other media leakage
• Removal of undamaged parts
• Cleaning of wells
• Substitute accommodation
• Lost rental income
• Tombstone restoration

With the insurance of flats, houses and real property under construction from PREMIUM Insurance Company, you can enjoy insurance protection of up to 3 million euros,

- an optional franchise of 0, 50 or 100 euros,
- a sub-insurance tolerance of up to 20%, ensuring you are protected from reduced claims payments.

Liability insurance for damage related to building ownership

In addition to your building insurance (covering flats, houses, and real property under construction), you can opt for liability insurance for damage related to the ownership of buildings. This coverage protects against damage to the property and health of third parties, including incidents arising from self-help repairs. You can select a claims payment limit based on your needs, with options of 50,000, 100,000, 200,000, or up to 500,000 euros.

• Coverage for property and health damage to third parties
• Protection in the event of self-help repair
• Optional claims payment limits: 50,000, 100,000, 200,000 or 500,000 euros

We provide comprehensive protection for all the movable property you own and use in your private, non-work life, including:

• Items in adjacent areas
• Items placed in vehicles and vehicle equipment
• Personal belongings
• Pets
• Small vehicles and working machines
• Items at temporary stays
• Items located in the garage outside the place of insurance
• Items used for gainful activities
• Other people's belongings
• Items on balconies, loggias, terraces, or plots
• Building materials
• Musical instruments
• Guns and firearms

What will we pay for?

As part of household insurance, PREMIUM Insurance Company covers a variety of costs.

These include rescue costs, repairs to building components, and the removal of remnants of the insured property. We will reimburse the costs of cleaning or drying items after a damage event. Additionally, we cover the cost of storing items, ongoing fixed household expenses, the issuance of substitute documents, and the replacement of cylinder locks. We also care for your pets and contribute to the treatment or funeral expenses for your dog or cat.

Our household insurance from PREMIUM Insurance Company offers

- insurance protection of up to 1 million euros,
- an optional deductible of 0, 50 or 100 euros,
- a sub-insurance tolerance of up to 20%, which will protect you from reduced claims payments.

Third-party liability insurance

In addition to household insurance, you can also arrange liability insurance for damage incurred in connection with running your household or caused by its members. This insurance covers damage to property and/or health of third parties. Depending on your needs, you can choose a claims payment limit of 50,000, 100,000, 200,000, or up to 500,000 euros.

• Coverage for damage to property and health of third parties
• Territorial validity: Slovakia or Europe
• Optional claims payment limits: 50,000, 100,000, 200,000 or 500,000 euros

What damages are covered by liability insurance?

The insurance covers damage to items and/or health of third parties, including other owners of flats and non-residential premises, in connection with:

• Activities in private (non-working) life
• Ownership and use of movables, work machines, and small vehicles
• Performing repairs or technical assessments yourself
• Practicing recreational sports
• Ownership and use of human-powered bicycle, scooters, tricycles, and quadricycles
• Keeping pets
• Legal possession and use of firearms for private purposes (excluding hunting)
• Use of a leased building that has been leased or handed over for use to the insured by third parties under a written agreement, and any damages incurred to this building.

At PREMIUM Insurance Company, we offer 24/7 assistance services, available any time of day or night, seven days a week. Our technicians will visit you in the event of an accident and help address its causes.

We will assist you in covering the costs of eliminating the accident’s causes, providing small materials, or securing an unsecured building. Additionally, our services include covering the costs of transporting your movables to a warehouse outside the insured location.

Read more about assistance services here.