Property insurance in Cyprus - Get a free quote

Find the house insurance in Cyprus that fits your needs

🏠Description

A home is more than just a building—it’s a personal sanctuary that holds our family, dreams, and memories. Understanding the significance of “home,” we propose five Home Insurance Packages designed to meet diverse needs. These packages offer a wide range of coverages, services, and benefits, all at affordable prices.

Additional limit for solar/photovoltaic systems
Additional limit for contents in the open
Additional limit for groceries in fridges and freezers
Additional limit for short-circuit
Additional limit for accidental damage to video and audio equipment

🛡️Coverage packages

	Blue	Bronze	Silver	Gold	Platinium
Fire, lightning, explosion, smoke	✅	✅	✅	✅	✅
Impact on the dwelling	✅	✅	✅	✅	✅
Emergency entry to the dwelling	✅	✅	✅	✅	✅
Short-circuit	✅	✅	✅	✅	✅
Liability at law as owner and occupier of the buildings	✅	✅	✅	✅	✅
Flood, storm, tempest, cyclone and whirlwind	❌	✅	✅	✅	✅
Malicious acts, vandalism, riots, strikes, lock-outs and labour disturbances	❌	✅	✅	✅	✅
Falling trees and branches	❌	✅	✅	✅	✅
Loss of rent and comparable accommodation	❌	✅	✅	✅	✅
Removal of debris, demolition, shoring-up or propping and professional fees	❌	✅	✅	✅	✅
Escape of water or liquid fuel	❌	✅	✅	✅	✅
Theft or attempted theft accompanied by actual, forcible and violent entry or exit	❌	❌	✅	✅	✅
Automatic reinstatement of the sum insured	❌	❌	✅	✅	✅
Personal accident	❌	❌	✅	✅	✅
Tracing and access to water or liquid fuel escape	❌	❌	❌	✅	✅
Falling antennae of radio, television and satellite installations, antennae fittings, masts, towers and panels of solar heating and photovoltaic systems	❌	❌	❌	✅	✅
Loss or damage to external television and radio antennae, antennae fittings, masts, towers, panels and other parts of solar heating and photovoltaic systems	❌	❌	❌	✅	✅
Damage to satellite television systems	❌	❌	❌	✅	✅
Fixed glass and mirrors	❌	❌	❌	✅	✅
Glass panes and sanitary wear	❌	❌	❌	✅	✅
Accidental damage to the dwelling	❌	❌	❌	✅	✅
Protection of purchaser	❌	❌	❌	✅	✅
Frost	❌	❌	❌	✅	✅
Accidental damage to TV sets, audiovisual and satellite equipment	❌	❌	❌	✅	✅
Alarms and safes	❌	❌	❌	✅	✅
Theft or attempted theft without actual, forcible and violent entry or exit	❌	❌	❌	✅	✅
Personal liability insurance for the policyholder	❌	❌	❌	✅	✅
Contents whilst temporarily removed	❌	❌	❌	❌	✅
Seasonal increase of the sum insured	❌	❌	❌	❌	✅
Financial support of the policyholder	❌	❌	❌	❌	✅
Psychological support of the policyholder and his family	❌	❌	❌	❌	✅
Accidental damage to cables and underground services	❌	❌	❌	❌	✅
Business / professional equipment	❌	❌	❌	❌	✅
Garden	❌	❌	❌	❌	✅
Groceries in fridges or freezers	❌	❌	❌	❌	✅
Contents in the open	❌	❌	❌	❌	✅
Contents belonging to visitors	❌	❌	❌	❌	✅
Contents relocation	❌	❌	❌	❌	✅
Loss of metered water or liquid fuel	❌	❌	❌	❌	✅
OPTIONAL COVERAGES
Earthquake and volcanic eruption	✅	✅	✅	✅	✅
Loss of money Unauthorised use of a stolen or accidentally lost cards			✅	✅	✅
Liability at law as employer of domestic staff	✅	✅	✅	✅	✅
Photovoltaic	✅	✅	✅	✅	✅
Unoccupancy period	✅	✅	✅	✅	✅
Additional limit for short-circuit	✅	✅	✅	✅	✅
Additional limit for contents in open areas	✅	✅	✅	✅	✅
Additional limit for accidental damage to video and audio equipment	❌	❌	❌	✅	✅

How we work

Fill out the insurance form

Fill out our insurance quote to provide us the minimum information required to edit a free quote.

Our insurance agent calls you

Get the chance to speak about your project, get a free quote, and advices from an experienced insurance agent.

Sign your insurance contract

You believe the insurance premium proposed is the right fit for you? Sign your insurance contract to start your insurance policy!

About me

“In 2021, I relocated from France to Cyprus…

During this phase, I experienced firsthand the challenges faced by expats: What are the steps? What documents are required? Which law firm can I really trust? etc.

After some bumps in my relocation, I decided to help expats moving to Cyprus by creating a relocation agency (beincyprus.com).

To achieve this goal, I spent hours creating the most efficient relocation process possible and partnering with trusted partners (accountants, lawyers, insurance and real estate agents) to create my relocation dream team!

I am now proud to make these resources available to you and to help you and your family relocate to Cyprus safely and efficiently.

So if you are thinking relocating to Cyprus, get in touch with me and let’s discuss your amazing project!”

Marc-Antoine Thiriat
Founder of beincyprus

Why Choose Us

Verified professionals

We carefully select our partners according to strict criteria

Transparent fees

You are ensured to receive the same prices as the locals

Dedicated project manager

A project manager supports you in every step of your journey

Property insurance in Cyprus is pivotal for securing properties against unforeseen circumstances. It’s a consideration every homeowner should prioritize, particularly those new to Cyprus. beincyprus.com unravels the significance of property insurance and helps homeowners make informed decisions.

Below we are discussing the types of property insurance available in Cyprus, essential for safeguarding one’s valuable investments. We also provide insights into what homeowners should know before choosing an insurance policy, highlighting the benefits and protections it offers.

Understanding Property Insurance in Cyprus

Understanding property insurance is the first step to securing your assets in Cyprus. Each policy varies, providing coverage for specific circumstances and perils. Knowledge of these differences enables homeowners to select policies that best match their requirements.

The Cypriot insurance market is well-regulated, providing security and reliability to policyholders. Homeowners can trust that their investments are secure, a comforting thought in a foreign land. Transparency and regulation ensure the best outcomes for both insurers and the insured.

Types of Property Insurance in Cyprus

Comprehensive Coverage: This covers a wide range of perils and damages, offering extensive protection.
Building Insurance: Focuses on the structure, covering damages to the building itself.
Contents Insurance: Protects the personal possessions within the property.
Liability Insurance: Covers legal liabilities if someone gets injured on the property.

Reasons Why Property Insurance is Essential

Property insurance in Cyprus is essential because it provides coverage against natural disasters. Floods, earthquakes and storms, rendering such insurance crucial. A robust policy mitigates financial losses stemming from damages incurred during such calamities.

Theft and vandalism are unfortunate realities, emphasizing the importance of insurance. A suitable policy can cover losses resulting from such acts, providing reassurance to homeowners. Adequate coverage ensures compensation, allowing homeowners to recover swiftly.

Additionally, property insurance provides protection against fire and water damage. It’s crucial for homeowners to secure their properties against these common perils. By doing so, they shield themselves from potential financial burdens associated with repair and restoration costs.

Financial security is the hallmark of property insurance in Cyprus. It enables homeowners to navigate unforeseen circumstances with confidence. Investing in a reliable insurance policy ensures peace of mind and financial stability in times of need.

Rank	Type of Claim	Average Cost (€)	Frequency
1	Water Damage	5,000	Frequent
2	Fire Damage	7,500	Common
3	Theft	3,000	Common
4	Storm Damage	6,000	Occasional
5	Earthquake Damage	10,000	Rare

Top 5 Property Insurance Claims in Cyprus (2022)

Comparing Home Insurance in Cyprus to Other Regions

Home insurance in Cyprus offers distinct advantages compared to policies in other regions. The Cypriot market caters to diverse needs, providing flexibility and extensive coverage options. It suits both expats and locals, meeting varied expectations and requirements.

Cyprus offers competitively priced home insurance, with policies tailored to different budgets. It contrasts with insurance markets in other regions, where policies can be prohibitively expensive. This affordability makes Cyprus an attractive destination for prospective homeowners.

The Cypriot insurance market’s responsive and customer-centric approach distinguishes it from its counterparts. Customer service and support are prioritized, ensuring satisfaction and trust among policyholders. This focus on customer welfare enhances the overall insurance experience in Cyprus.

Key Considerations When Choosing Property Insurance

When selecting a property insurance policy, several factors merit consideration. These include the levels of coverage, premium costs, and the insurer’s reliability. A comprehensive evaluation of these elements informs the decision-making process, aiding in the selection of suitable policies.

Assessment of the property’s value is also paramount before choosing insurance. It influences the amount of coverage required and the resultant premium costs. Accurate valuation prevents underinsurance or overinsurance, optimizing protection and cost-effectiveness.

You should meticulously review the policy’s terms and conditions. It is vital to understand the coverage extent, limitations, and exclusions. Such scrutiny helps prevent misconceptions and ensures that homeowners receive adequate information about their policies.

List of Considerations

Level of Coverage: Ensure it aligns with your needs and the property’s value.
Premium Costs: Assess affordability and value for money.
Insurer’s Reliability: Research the insurer’s reputation and customer reviews.
Policy Terms: Understand the inclusions, exclusions, and limitations.

Professional Guidance from beincyprus.com

beincyprus.com stands as a beacon for those navigating the intricacies of property insurance in Cyprus. We connect readers to trusted professionals, providing expert advice and insights. This service is invaluable for those seeking to make informed, beneficial decisions regarding property insurance.

We ensure that our readers receive reliable, expert advice on property insurance in Cyprus. Our trusted network of professionals provides peace of mind to those seeking guidance. By leveraging our platform, homeowners can secure the best policies, safeguarding their investments effectively.

Conclusion

The quest for comprehensive property insurance in Cyprus is multifaceted, involving numerous considerations and evaluations. A robust policy is crucial for safeguarding one’s property against various perils and ensuring financial stability in unforeseen circumstances. With assistance from beincyprus.com, homeowners can confidently and easily find the best insurance coverage for their valuable possessions.

The intent is to serve as a guiding light, illuminating the path to the right property insurance in Cyprus. We think it’s important to make informed choices. With our platform, we want to help our readers with their insurance needs. Therefore, take the first step towards securing your future in Cyprus by choosing the right property insurance.