Home Insurance - Investment Property

Investment Property Insurance provides cover for a home that you purchased as an investment.

The high appreciation of property in the Irish market over the last decade has sparked a tremendous growth in investment property both in Ireland and abroad. The insurance market offers policies which are specifically geared towards protecting your investment against risk.

Investment property insurance can cover such areas as tenants failing to pay rent, theft of property, accidental damage and increased public liability. Covering your property for the unforeseen can make the difference between profitability and loss.

Overseas Property Insurance

It is estimated that over €100 million was invested in overseas residential properties by Irish nationals last year. A second home in the sun is becoming more commonplace with the comparative lower cost of property in foreign markets and schemes allowing Irish residents to buy from plans or snap up that Casa on the Costa del Sol.Buying property abroad is not without risk. Purchasing insurance from local vendors also has its risks. Insurance policies obtained abroad may not be as stringently regulated as those purchased in Ireland. It may be unclear as to what exactly is covered by a foreign policy and whether your rights are upheld by law and by the insurance industry.

Our team has experience in creating and negotiating insurance policies for overseas investors, for both residential and commercial property. We are working hard to make this service available online. In the meantime, to arrange overseas property insurance please call us at 01-293 2300 or request a call back. We would be happy to advise and help you get the best policy.

Property insurance in Netherland

Chartis' Belgian Financial Lines Group is a global division that protects multinational, large domestic and upper middle market companies with tailor-made insurance programmes to suit clients' needs anywhere in the world, while offering coverage against material damage and business interruption on a specified-perils or all-risk basis. Specialities also include fronting services and reinsurance for Captive-driven programmes.

At Chartis Europe Energy division we provide underwriting and quotation services, as well as technical advisory services, marketing assitance and risk assessment. All of our products are offered in English, Dutch and French.

Property Terrorism & Sabotage Insurance in Europe

Over the past several years there has been a heightened and growing concern on the part of the general public as well as corporate executives about the damage inflicted by acts of political terrorists. The recent bombing on the Federal Building in Oklahoma City, ETA bombings in the Basque region, the destruction of the Central Bank in Colombo, Sri Lanka and other terrorist acts occurring throughout the world have focused world-wide attention on the threat of terrorism.

Acts of terrorism and sabotage against corporate facilities have potentially far-reaching political and economic effects. The bombing of the World Trade Center in New York City is estimated to have cost approximately USD 700 million in disrupted business in the first week alone and the bombing in Sri Lanka Central Bank severly disrupted the financial transactions of businesses based there for several weeks. As politically motivated terrorism and sabotage generates more and more media coverage, businesses, owned by foreign companies will find themselves increasingly targeted. 

Chartis Europe’s property Terrorism and Sabotage Insurance has been specifically designed to cover the sabotage, terrorism, mutiny, rebellion, insurrection and coup d’état (excluding war and civil war) risks faced by multinational companies operating in countries where these risks are normally excluded from standard insurance programmes. Coverage for strike, riot and civil commotion can be included by endorsement.

Motorcycle Insurance In Canada

In Canada, motorcycle owners must have insurance by law. But each insurance company makes its own assessment of risk when setting rates for a given rider, based on a long list of variables. The end result is that rates can vary significantly from insurance company to company.

Motorcycle insurance is distributed to consumers through different networks of licensed insurance professionals. They are:

• Insurance Brokers - Provide independent and expert advice, advocacy and support to consumers with respect to their motorcycle insurance needs and typically work with, and sell policies for, a number of different insurance companies.

• Insurance Agents – Provide expert advice, advocacy and support to consumers with respect to their motorcycle insurance needs and work with, and sell policies for, one insurance company.

• Direct Writers (Direct Response Insurers) - Provide expert advice, selling and servicing property and casualty insurance products, including motorcycle insurance, in Canada through direct response marketing and distribution for one insurance company.