Natural disasters, fires and, above all, robberies, are very real situations that can affect thousands of families in the country. Despite that, the percentage of insured households is minimal.
Many Peruvians think that the risks are distant and that it is difficult for them to happen, but also, they think that these types of insurance are very expensive and do not even take the time to find out the costs.
The price of the vehicle insurance
The truth is that, just as the price of the vehicle insurance is determined in part by the characteristics of the car and the driver, in the home insurance the characteristics of the property are also taken into account.
Then one of the points that will help determine the price will be either they will ensure the reconstruction value or the commercial value. The commercial value of a home is the price at which it would be sold and the reconstruction value, as the name implies, corresponds to how much it would cost to carry out the reconstruction of the property.
In the case of departments in buildings or condominiums
The commercial value is applied. But what you should keep in mind is that this value is higher than that of reconstruction, so it causes the policy to also be more expensive, but it also allows you to access a new property faster, because the money that gives you as compensation is necessary to buy a similar property.
The years of age of the property
In addition to this, the years of age of the property and the place where it is located are taken into account. Another additional point is the type of coverage: will only the building or the content be ensured? This is what makes the biggest difference in the policies, as one will handle only the property and the other one of the assets that the insured keep in their home. As a third option, you can choose to insure both and have more complete insurance.
With all this, you will determine the price of your home insurance policy, and remember that this can be funded up to 12 installments, giving you a lower monthly payment, but everything will depend on the insurer, so just before choosing, be sure to compare Your options properly.