Home insurance does not avoid accidents, but it helps to compensate the economic losses arising from such accidents. Fire, flood or storm can interfere with your life for a long time – generally they cause huge expenses, but these losses can be covered by insurance. See the terms and conditions here.

If you wish to insure a part of the house, the best solution is to purchase an insurance policy for the whole house jointly with other common owners. The aim is to avoid the situation where the house cannot be restored because some of the owners have no insurance and money to finance their part of restoration. If common owners are not able to agree on purchasing the insurance for the whole house, you can insure the premises occupied by you as an apartment. Such insurance does not cover the building envelope and helps only to cover smaller losses occurred in insured premises.

Insurance cover for the apartment encompasses only the interior of the apartment; it does not cover the roof, walls, basement, hallway or other similar parts of the building. In case of an apartment house, the apartment association should purchase a separate insurance for the jointly owned parts of the house. If there is no apartment association, the jointly owned parts of the house can also be insured by one of the apartment owners.

Subject to contractual limitations, all risks insurance offers the protection against various different risks and provides a wider cover than the selected risk insurance. See for details here.

Home insurance only covers losses occurred in your own apartment. In order to compensate the losses caused to neighbours, you have to purchase the home liability insurance. See for information on home liability insurance here.

In case of an accident at home, you must immediately notify Salva. An expert examines the accident scene and helps to assess the amount of loss. Subsequently, a decision is made whether to repair the home, build a new home or make a monetary payment.

Annual premium of home insurance depends on the value of your home and on insured risks. The price is also dependent on the level of retention (deductible). You can easily calculate the cost of Salva’s home insurance and conclude the contract on Salva’s homepage.

Home insurance policy can be concluded for up to 5 years. Multi-year contract ensures an interrupted insurance cover and a more favourable insurance premium.

You can pay for the insurance policy on a monthly, quarterly or yearly basis or make a lump-sum payment. The number of instalments does not influence the level of premium.