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HOUSE INSURANCE

Your home is your most valuable investment and failure to insure it properly can cause significant financial problems in the event of theft or damage. We offer tailor-made home insurance policies to protect your house and its contents.

house insurance

WHY INSURE YOUR
HOME WITH US

Tailor made insurance packages

Special offers for holiday homes

Low excess rates

Comprehensive contracts

Clear terms and conditions

Additional coverage to include employers liability for house maids

SEE COMPARISON TABLE
Coverage Terms
Basic Cover
Extensive Cover

BUILDING

Fire

Lightning

Explosion

Smoke

Emergency Entrance in the Building

Damage caused by vehicles/aircrafts

Earthquake, volcanic eruption

Inflation adjustment

Hurricane, Flood, Lightning, Cyclone, Tornado

Gas, Water, Oil, LPG (Liquefied petroleum gas) and Fuel leak

Unrest/Protest march, Strike, Lockout, Labor Turmoil

Malicious act, vandalism

Tree falling, tree branch falling

Rents and provision of Alternative Residence

Debris removal, demolition, house support and placement of props

Electrical malfunction

Theft, attempt at theft

Immediate reintroduction of the insured amount

Detection and Access

Accidental Damage

Residence Sale

Frozen water pipes

Radio and television antenna falling, Satellite dish and Antenna components falling, cable damage, falling of solar water heater panel

Loss or damage on external television and radio antenna, on antenna components, on cables , on components and panels of solar water heater

Loss or damage on satellite television systems

Accidental damage on Glasses adjusted on building

Financial Support after Damage or Loss

Psychological support for the whole family

Accidental damage on cables or underground services

CONTENT

Fire

Lightning

Explosion

Smoke

Damage caused by vehicles/aircrafts

Earthquake, volcanic eruption

Inflation adjustment

Hurricane, Flood, Lightning, Cyclone, Tornado

Gas, Water, Oil, LPG (Liquefied petroleum gas) and Fuel leak

Unrest/Protest march, Strike, Lockout, Labor Turmoil

Malicious act, vandalism

Tree falling, tree branch falling

Alternative Residence

Debris removal, demolition, house support and placement of props

Electrical malfunction

Theft, attempt at theft

Immediate reintroduction of the insured amount

Radio and television antenna falling, Satellite dish and Antenna components falling, cable damage, falling of solar water heater panel

Accidental damage on glasses and mirrors

Accidental damage on Television and Audio-visual equipment

Door Locks and Keys

Theft or attempt at theft from residence WITHOUT real, dynamic or violent violation of the building

Financial support after Loss or Damage

Psychological support for the whole family

Temporarily moved content

Open space content

Visitors' personal items

Removal

Office and Business Equipment

Water flow meter loss and Petroleum or LPG leak in the building (caused by accident)

Foods in Freezers and Refrigerators

Special increase of the total value of the insured content

MONEY AND CREDIT CARDS (VISA)

Loss of money or credit cards in or out of the geographical area (Cyprus)

Illegal use of Credit card from theft or accidental loss

LIABILITIES

Liability as an owner (for the whole family)

Personal Liability of the insured

Liability insurance of the insured as an employer of the domestic staff

PRECIOUS ITEMS AGAINST ANY RISK

Loss or damage when the precious items are in the geographical area (Cyprus)

Loss or damage when the precious items are out of the geographical area (abroad)

PERSONAL ACCIDENTS

Personal accidents (family members only)

EXTENSION FOR UNTENANTED RESIDENCE

Building and content

Basic Cover

  • BUILDING
  • Fire
  • Lightning
  • Explosion
  • Smoke
  • Emergency Entrance in the Building
  • Damage caused by vehicles/aircrafts
  • Earthquake, volcanic eruption
  • Inflation adjustment
  • CONTENT
  • Fire
  • Lightning
  • Explosion
  • Smoke
  • Damage caused by vehicles/aircrafts
  • Earthquake, volcanic eruption
  • Inflation adjustment
  • LIABILITIES
  • Liability as an owner (for the whole family)
  • Liability insurance of the insured as an employer of the domestic staff
  • EXTENSION FOR UNTENANTED RESIDENCE
  • Building and content

Extensive Cover

  • BUILDING
  • Fire
  • Lightning
  • Explosion
  • Smoke
  • Emergency Entrance in the Building
  • Damage caused by vehicles/aircrafts
  • Earthquake, volcanic eruption
  • Inflation adjustment
  • Hurricane, Flood, Lightning, Cyclone, Tornado
  • Gas, Water, Oil, LPG (Liquefied petroleum gas) and Fuel leak
  • Unrest/Protest march, Strike, Lockout, Labor Turmoil
  • Malicious act, vandalism
  • Tree falling, tree branch falling
  • Rents and provision of Alternative Residence
  • Debris removal, demolition, house support and placement of props
  • Electrical malfunction
  • Theft, attempt at theft
  • Immediate reintroduction of the insured amount
  • CONTENT
  • Fire
  • Lightning
  • Explosion
  • Smoke
  • Damage caused by vehicles/aircrafts
  • Earthquake, volcanic eruption
  • Inflation adjustment
  • Hurricane, Flood, Lightning, Cyclone, Tornado
  • Gas, Water, Oil, LPG (Liquefied petroleum gas) and Fuel leak
  • Unrest/Protest march, Strike, Lockout, Labor Turmoil
  • Malicious act, vandalism
  • Tree falling, tree branch falling
  • Alternative Residence
  • Debris removal, demolition, house support and placement of props
  • Electrical malfunction
  • Theft, attempt at theft
  • Immediate reintroduction of the insured amount
  • MONEY AND CREDIT CARDS (VISA)
  • Loss of money or credit cards in or out of the geographical area (Cyprus)
  • Illegal use of Credit card from theft or accidental loss
  • LIABILITIES
  • Liability as an owner (for the whole family)
  • Personal Liability of the insured
  • Liability insurance of the insured as an employer of the domestic staff
  • PRECIOUS ITEMS AGAINST ANY RISK
  • Loss or damage when the precious items are in the geographical area (Cyprus)
  • Loss or damage when the precious items are out of the geographical area (abroad)
  • PERSONAL ACCIDENTS
  • Personal accidents (family members only)
  • EXTENSION FOR UNTENANTED RESIDENCE
  • Building and content

Comprehensive Cover

  • BUILDING
  • Fire
  • Lightning
  • Explosion
  • Smoke
  • Emergency Entrance in the Building
  • Damage caused by vehicles/aircrafts
  • Earthquake, volcanic eruption
  • Inflation adjustment
  • Hurricane, Flood, Lightning, Cyclone, Tornado
  • Gas, Water, Oil, LPG (Liquefied petroleum gas) and Fuel leak
  • Unrest/Protest march, Strike, Lockout, Labor Turmoil
  • Malicious act, vandalism
  • Tree falling, tree branch falling
  • Rents and provision of Alternative Residence
  • Debris removal, demolition, house support and placement of props
  • Electrical malfunction
  • Theft, attempt at theft
  • Immediate reintroduction of the insured amount
  • Detection and Access
  • Accidental Damage
  • Residence Sale
  • Frozen water pipes
  • Radio and television antenna falling, Satellite dish and Antenna components falling, cable damage, falling of solar water heater panel
  • Loss or damage on external television and radio antenna, on antenna components, on cables , on components and panels of solar water heater
  • Loss or damage on satellite television systems
  • Accidental damage on Glasses adjusted on building
  • Financial Support after Damage or Loss
  • Psychological support for the whole family
  • Accidental damage on cables or underground services
  • CONTENT
  • Fire
  • Lightning
  • Explosion
  • Smoke
  • Damage caused by vehicles/aircrafts
  • Earthquake, volcanic eruption
  • Inflation adjustment
  • Hurricane, Flood, Lightning, Cyclone, Tornado
  • Gas, Water, Oil, LPG (Liquefied petroleum gas) and Fuel leak
  • Unrest/Protest march, Strike, Lockout, Labor Turmoil
  • Malicious act, vandalism
  • Tree falling, tree branch falling
  • Alternative Residence
  • Debris removal, demolition, house support and placement of props
  • Electrical malfunction
  • Theft, attempt at theft
  • Immediate reintroduction of the insured amount
  • Radio and television antenna falling, Satellite dish and Antenna components falling, cable damage, falling of solar water heater panel
  • Accidental damage on glasses and mirrors
  • Accidental damage on Television and Audio-visual equipment
  • Door Locks and Keys
  • Theft or attempt at theft from residence WITHOUT real, dynamic or violent violation of the building
  • Financial support after Loss or Damage
  • Psychological support for the whole family
  • Temporarily moved content
  • Open space content
  • Visitors' personal items
  • Removal
  • Office and Business Equipment
  • Water flow meter loss and Petroleum or LPG leak in the building (caused by accident)
  • Foods in Freezers and Refrigerators
  • Special increase of the total value of the insured content
  • MONEY AND CREDIT CARDS (VISA)
  • Loss of money or credit cards in or out of the geographical area (Cyprus)
  • Illegal use of Credit card from theft or accidental loss
  • LIABILITIES
  • Liability as an owner (for the whole family)
  • Personal Liability of the insured
  • Liability insurance of the insured as an employer of the domestic staff
  • PRECIOUS ITEMS AGAINST ANY RISK
  • Loss or damage when the precious items are in the geographical area (Cyprus)
  • Loss or damage when the precious items are out of the geographical area (abroad)
  • PERSONAL ACCIDENTS
  • Personal accidents (family members only)
  • EXTENSION FOR UNTENANTED RESIDENCE
  • Building and content

FAQ

Frequently asked questions about this product.

How will I correctly calculate my house’s value for insurance purposes?
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First of all, it needs to be stated that for insurance purposes your property’s purchase price is irrelevant. To correctly estimate its value, you need to first subtract the value of the land and subsequently estimate the building’s construction value. The question you need to ask yourself is how much it would cost to reconstruct my house in case of its total destruction. A rather effective way to make an approximate estimation of that is to multiply the square footage of covered spaces by the average costs of construction as given by the Cyprus Statistical Service. You will also need to separately calculate the cost of any additional constructions (e.g. outdoor flooring, grill, pergolas, fences or a pool).
How do I insure myself properly?
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After you have correctly calculated the reconstruction costs of your house, you will then need to calculate its content value. What interests us is the value of objects when you first purchased them and not their current value. In case of valuable objects such as jewellery you will need to prepare a detailed list containing photographs, certificates and proof of purchase.
I have taken out a loan and the bank claims I need to insure myself with them?
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The bank cannot actually make you sign an insurance contract with the insurance company they are in partnership with. The Cyprus Competition Authority ensures the borrower’s right to find the insurance contract that better responds to their needs in terms of both coverage and cost.
Do you provide accidental damage coverage?
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This coverage is defined as the accidental cause of damage to your property by either you or your family. Our premium plans include this type of coverage.
Does my house insurance cover my car in case of fire?
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No. If you, however, want the car parked in your garage to be insured for both fire and theft, you will need to purchase comprehensive car insurance or Third party, Fire and Theft insurance.
What do I need to look out for when buying insurance from the bank?
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You will need to add content insurance to your policy, which is something the bank often neglects to ensure.

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Sell your house!

Pitsas Insurances is a proud member of Amazon Financial Center (AFC), an international financial organization with a long-term experience in managing and promoting investment plans. If you wish to promote your property to international investors.

Ready to talk to us? Interested in visiting?
Contact [email protected] or
call us on 700 70 500