In the all risks-type basic insurance, all the property related to construction and repair activities can be insured against damage that occurs accidentally in an unforeseeable way and that is not excluded from the insurance coverage.

Damage to insured property stored in locked rooms is compensated under this insurance in the event of burglary. The add-on covers the theft of insured construction vehicles that are stored outdoors and are properly locked. The service also covers damage caused by robbery, vandalism related to burglary and the costs of damage prevention related to the insured event, the expert opinion necessary for the loss assessment, planning and authority permits related to the recovery and one-off cleaning. The insurer only provides service up to the maximum damage amount of HUF 25 million per insured event.

It provides protection against personal injury or material-type tort damages caused to third persons. The sum insured can be between HUF 2 million and HUF 20 million.

By concluding the add-on for vandalism against buildings, the insurer will reimburse the damage from vandalism in the insured building that occurred in connection with attempted burglaries. The policyholder can multiply the sum insured between HUF 100,000 and HUF 1 million

The inland cargo insurance add-on compensates damage from fire and natural disasters, as well as accidents or robberies that occurred during the inland transportation of investment property and construction vehicles

Are you interested in how you can take out Allianz Construction and Renovation insurance?