North Cyprus house insurance is it worth it?

Deniz1


Joined: 28/07/2009
Posts: 3829

Message Posted:
29/03/2010 15:51

Have been trying to sort out a friends insurance claim. The quote included some roof repair needed after the heavy rain. Sorry they said the roof is not covered the builder has to do that. Guess what the builder said not my problem because the roof is only guaranteed for three years and the house is four years old. What a surpirise!!

Geoff


Joined: 25/06/2008
Posts: 1370

Message Posted:
29/03/2010 20:08

Moral of the story: read the small print of insurance policies to make sure you have the cover you want.

I wouldn't do without buildings and contents insurance and premiums here in TRNC are quite reasonable.

Always ensure you have Earthquake cover - we aew overdue for a good shake I am told by an expert at the Near East Uni.

Geoff

charlotte55


Joined: 14/11/2008
Posts: 302

Message Posted:
29/03/2010 20:31

Just wondering



Who do you recommend then Geoff ?and have you ever had a claim honoured here?





Thanks for your advice

Charlotte

Groucho



Joined: 26/04/2008
Posts: 7993

Message Posted:
29/03/2010 20:38

We use Umbrella Insurance, can be bought via Iktisatbank, and have had 2 claims paid as have some of our neighbours. However, they also will not cover what they deem to be bad workmanship by the builder which is fair enough, why should they?

charlotte55


Joined: 14/11/2008
Posts: 302

Message Posted:
30/03/2010 11:30

Thanks Groucho

Charlotte