Do I need home insurance?

Your home is probably the biggest and most important investment you will make in your lifetime.

Nothing compares to the sense of peace and security of your own home. That's why it's important to take initial steps to ensure that your home is secure — physically and financially — from unforeseen accidents. So it is important to budget for unexpected costs for your building and / or movable property used.

In Bulgaria, property insurance is not mandatory for those who have or want to buy a home. So it is extremely important when taking out home insurance, to choose the most suitable for it – both as an insurance amount and as risk coverage.

The first step is in understanding the importance of property insurance and identifying the aspects of your home that will need coverage. Every home is different in terms of location, features, and market value. Therefore, in order to get an insurance policy that will meet your priorities, Axiom experts are at your disposal for a free consultation.

AxiHome features innovative modules from which you can choose risk-based coverages combined in three packages - Prima, Standard and Premium according to your needs. Another advantage of AxiHome that saves you a lot of time and effort is that you do not have to visit an office, neither home inspection or inventory is needed.

Why do I need home insurance?

We will ask you: If a fire occurs or leakage of water pipes, if your home is being a victim of  burglary or similar unexpected events that would cause damage to your home and its contents, could you manage and financially cover the losses and damages within a short period of time? We are convinced that the possible amounts for the repair of a damaged home and contents is not a burden to which you want to expose yourself and your family.

Home insurance provides you with financial security, peace of mind and protection of your favorite home.

 

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FAQ

01

When and how will the Insurer pay me?

Within 15 days after receiving all the evidence, the Insurer must either pay or refuse, stating the reason for the refusal. This term applies to all insurances offered.
02

What are the Home Insurance Property Coverages?

A standard policy usually provides coverage against major risks as fire, natural disasters, floods, storms, hail. Additionally, upon your request, coverage against risks such as earthquake, theft, malicious acts of third parties and etc. may be included.
03

What should I do if I need urgent medical care and/or emergency treatment outside of working hours?

During non-working hours, you can visit a chosen by you medical facility for urgent or emergency medical care. Please, gather all medical and financial documents for the health care goods and services used. Expenses shall be reimbursed under the terms of your Insurance.
04

I shall be traveling abroad for planned medical treatment. Will Travel Insurance policy cover my medical expenses?

This is one of the exclusions under Travel Insurance and these medical expenses will not be covered. The insurance does not cover medical expenses incurred for the purpose of planned treatment, as well as does not include the treatment expenses for any pre-existing condition or illness.
05

What to do if an Insured event occurs?

You need to notify us and file a claim. The deadlines for reporting and the method of filing are described in the insurance contract. In any case, we recommend that you call us as soon as possible after the incident.