Real estate insurance

Property is one of the most reliable and profitable investment and its insurance helps you to protect your investment.

Renting out an apartment for a fee is a significant increase in your personal or family budget. This area can be a part-time job or the main way to earn money. However, in this case, the property goes into the temporary use of new residents, whose first appearance makes it difficult to judge the degree of their responsibility to surrounding things. In this regard, it is advisable to take out insurance against possible actions by third parties or irresistible forces of nature.

When do you need property insurance?:

1. If you own an apatment

2. If you rent an apartmanet

3. If you want the unexpected situations to be dealt in peace

4. So that your neighbor could also deal with unexpected situations (caused by you or to you) in peace

What is insured?

1.The contents of the apartment

2.Renovation

Insured risks

  1. Water leakage from the neighbor's area
  2. In case if the property is rented out: damage of the rented property by the tenant as a result of his/her careless possession and disposal
  3. Theft, robbery
  4. Malfunctionof sewage, water supply and electrical wiring systems
  5. Third party vandalism
  6. Fire, explosion
  7. Window damage
  8. Natural disasters

Additional coverage

Third party liability insurance

Compensation for the damage caused to your neighbours property while using your insured property.

For example: if your water leaks at your neighbor's apartment

After the occurrence of an insured event, you must not repair the damage or move the items (unless it is caused by the need to prevent or reduce further loss) until the insured object has been inspected by the insurer's representative.

How to get service

  1. You call us +995558000438 and inform us about the incident
  2. inform us about the incident within 48 hours
  3. To prevent more damage of the insured property and to reduce possible losses, you must take all necessary measures

After the occurrence of an insured event, you must not repair the damage or move the items (unless it is caused by the need to prevent or reduce further loss) until the insured object has been inspected by the insurer's representative.

Cost of insurance is 20 GEL per month. In case of one-time payment for 1 year you will have a discount of 20 GEL.

Success in the rental business often depends on the reliability of the insurance company, so insurance, especially when renting out an apartment, has recently become a necessity. For a low cost, you insure your property against unforeseen situations and cover many risks.



About Us

Real estate Agency Batumi Residence was founded in 2017 by a team of professional realtors who have been working in the real estate market of Batumi for more than 10 years.

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