Épületbiztosítás

Épületbiztosítás is a type of insurance in Hungary that covers damage to buildings. It is designed to protect property owners against financial losses resulting from various risks. The scope of coverage typically includes damage caused by natural disasters such as fire, lightning, explosion, flood, storm, hail, and earthquake. It may also cover damage from man-made incidents like vandalism, burglary, or accidental breakage of glass.

The policy is generally taken out by the owner of the building, which can be a residential property, commercial building, or industrial facility. The sum insured is usually based on the replacement cost of the building, meaning the amount it would cost to rebuild it to its original state. Deductibles, or self-risk amounts, are common and represent the portion of the claim that the policyholder must pay out of pocket.

Épületbiztosítás can be purchased as a standalone policy or as part of a broader home insurance package. It is an important financial tool for mitigating the significant costs associated with property damage, providing peace of mind and financial security to building owners. The specific terms and conditions, including coverage limits and exclusions, vary between insurance providers.