Plus Housing

Although insurance companies require an expert report at the time of damage, loss adjuster and loss adjuster reports are guiding in the calculation of the compensation amount, they are not binding.

In disputes between the Insured and the Insurance Company, the binding decision authority rests with the courts or, if the insurance company is a member, the Insurance Arbitration Commission.

Expert reports are guiding documents in the calculation of the compensation amount, they are not binding. In disputes between the insured and the insurance company regarding the compensation amount, the courts have the authority to make binding decisions.

All rights and benefits of the policy are transferred to the new right holders.

All rights and obligations of the policy are transferred to the new owner. However, the situation must be notified to the insurer within 15 days. Otherwise, the insurer will not be liable. However, the insurer or the new beneficiary may request the cancellation of the policy within 8 days after learning of the existence of the insurance.

However, the insurance costs can be included in this guarantee with an additional contract, provided that they are specified separately in the policy.

The term "building value", used in insurance, refers to the cost of a complete rebuild of your home. These costs are approximate according to the building type. When insuring your home or business, you should consider this in the building cost statement.

In this type of insurance, your home or workplace is not inspected unless the insurance cost is very high. The amount you declare is used as the insurance cost. However, if it is not possible to see the damaged property due to theft or any other reason at the time of damage, the loss adjusters may apply to documents or methods such as the invoice of the goods.