There are many insurance options that you can get from insurance companies. Insurance companies that are developing in Indonesia are also very fast. One of the insurance that is currently in great demand is demolition insurance. Some of us may be confused by this insurance. Lots of people are confused by the name of this insurance.
Actually this insurance is an extension of fire insurance. Because of its history that comes from fire insurance, those of you who want to get this type of insurance must have property and buildings that have been guaranteed with fire insurance. Not all insurance companies offer this type of insurance. You need to know in advance what will be covered by this insurance.
This insurance will later be able to cover all your household appliances, electronic equipment such as computers, radios, televisions, and special equipment such as furniture and musical instruments. The property that you want to insure must be equipped with detailed information such as manufacture, purchase price, type, year, number of units and so on.
The details of the amount of the item that you want to insure are very important because later when you claim your item, you will find it easier to make a claim because the amount and other information is clear. Then what risks will be guaranteed with this insurance? You will find the information below.
Guaranteed and Unsecured Risks
If you choose to use burglary insurance there will be several risks that will be covered by this insurance and some things that will not be covered by this risk. The risks that are guaranteed are items or property that are lost as a result of being stolen, acts of violence, coercion, and destruction of buildings. Apart from goods, the building will also be covered by this insurance. Then what risks are not guaranteed? The risk that is not guaranteed by this insurance is loss or damage to property as a result of deliberately damaging the property.
You can also insure your securities, such as stocks, banknotes, securities, coins or so on. In addition to knowing the risks that will be guaranteed and not guaranteed with this insurance, you need to know who needs this insurance and whether you are in the category of people who need this insurance or not.
Determinants of the amount of coverage and who needs this insurance
Those of you who don't know about this insurance usually feel you don't need this insurance. Actually, who needs this insurance? Those who need this insurance are individuals or companies who want to protect property and buildings from damage due to theft, damage or other things.
Usually those who use this insurance are business owners, factory owners, telephone shop owners or other businesses. The amount of guarantee offered to you usually varies. You will get compensation that is different from other people. What affects the amount of compensation provided by the insurance company? Insurance companies will usually consider the location of the building, the condition of the building, the use of the building, environmental conditions, robberies, previous demolitions and so on.
The value and property insured will also affect the amount of coverage you will get from the insurance company. You can also get different insurance and different quotes at different insurance companies. Make sure you choose an insurance company that is truly trusted and can provide compensation quickly. This will benefit you greatly. Now you can determine whether you need burglary insurance or not.