Housing insurance and family wealth insurance What s the difference Insurance Tips

Category: Insurance tips Release Date: 2006-08-01

Now, individuals purchase loans, the banks usually require loans to man-made home buying home insurance, home insurance is not purchased will not have to buy home property insurance out? Housing, insurance, property insurance and home What's the difference? With these questions in a press visited the China Insurance Regulatory Commission Beijing Office of the relevant parties understand that there are substantial differences between the two, mainly three essentially different.

First, the protection coverage is different.

Housing insurance coverage is the construction of housing structures; family property insurance coverage indoors and property, including decoration, furniture, clothing and so on.

Second, the different subject-matter insured risks.

Insurance coverage of these two different decisions of risk in different subject matter. Construction of housing structure, the main risk is a fire, explosion, and insurance within the scope of natural disasters; family property addition to housing, structural risks, but also there is a big risk of raiding, after the pipe burst their family property the risk of loss and liability, buy home property insurance policy holders in general insurance additional Daoqiang Xian and water pipes burst.

Third, the compensation deal with different.

Homeowner insurance, the value of the subject easy to determine, and the subject matter of insurance generally will not change, so when the insured full coverage as possible in order to obtain adequate protection for non-insured in full, in pro rata compensation insurance company when Chuxian ; family property insurance, the subject of prior agreement by the insured and the insurance company. After the occurrence of insurance losses, insurance companies, the amount of insurance within the limits of the actual amount of loss paid. Family property generally does not apply when the payment system of proportional sharing. Insured in the insured before the insurance regulations should be read carefully in order to avoid unnecessary disputes the compensation occurs.