Property insurance is a system of relations between the insured and the insurer to provide insurance services to the last, when the protection of property interests related to the possession, use and disposal of property.risk of loss (death), shortage or damage to certain property
risk of liability for the obligations arising from injury to life, health or property of others, as well as in the cases provided by law, and liability under the contracts - the risk of civil liability
the risk of losses from business activities due to violations of their contractors or the trader changes the conditions of this activity does not depend on the circumstances of the entrepreneur, including non-receipt of expected returns - business risk
Specific instances of insurance specified in the contract of insurance. The nature of insurance risk is established by agreement between the insured and the insurance agency.
The total cost of damaged or lost as a result of an insured event the property or the cost of restoring damaged property;
income (or parts thereof) that were not insured for damage to or loss of property resulting from an accident.
Insurance compensation is partial compensation for losses. Insurance reimbursement may not exceed the amount of damage to insured property insured or a third party, unless the contract of insurance does not provide for payment of insurance indemnity to a certain amount.
Climb to the insurer's liability for insurance claims is the existence of certain economic and legal consequences of injury, death or loss of insured property, ie, the presence of losses.
The sum insured - the insurance contract or a certain amount of money authorized for which the insurance value of the material. Within the limits of the insured amount the insurer agrees to pay when the insured event. The maximum sum insured is established by law: it can not exceed the actual (insurance) value of the property at the time of signing the contract. The sum insured shall not exceed the insured value of property insurance.
In property insurance, the insured amount is determined and stipulated in the contract of insurance.
If the insured amount corresponds to the insured value, the property is fully insured and losses are reimbursed in full. If the sum insured is less than insured value, compensation is paid within the sum insured. The cost of real estate, manufacturing, technology and office equipment is defined as:
replacement cost, ie the amount required for the acquisition or manufacture of new objects of this kind and quality;
actual (residual) value, ie replacement cost minus the cost of wear and tear;
market value, that is, the selling price of the object.
The insurance value of the goods, raw materials, finished goods is determined on the basis of the amount needed to buy them.
If the sum insured exceeds the cost of insurance, the insurer must immediately demand a reduction of the sum insured, the insured value with a corresponding proportionate reduction in insurance premiums. In connection with the insurance contract null and void in that part of the sum insured exceeds the actual value of the property at the time of the contract. In this part of the higher paying the insurance premium is not refundable.
If you find that the insured amount is the result of fraud, the insurer, the insurer may require that the zero-force of the contract and damages in excess of the amount it received the award.
Insurance compensation - the amount of payments from the insurance fund to cover the damage to the property insurance and liability insurance of an insured for property damage to third parties. Insurance compensation can be equal to or less than the sum insured in the circumstances of the insured event and the conditions of the insurance contract.
The reason for which reimbursement is the conclusion of management at the fact and circumstances of the accident.
Adjusters - natural or legal person representing the interests of the insurance company to address the issues set forth in the claims of the insured in connection with the insurance case. Adjusters are inclined to agree with the insurer about the amount of insurance compensation to be paid on the basis of commitments страховщика.Обязанностьстраховых regulators - set (in connection with the insured event):
Was it an accident;
property insurer of the insured event;
The nature and extent of the damage;
causes and conditions of the insured event;
the presence or absence of circumstances that determine the claims and defenses of the parties.
There are four ways to redress: refund, repair, replacement, restoration.
Text of the agreement usually gives the insurer the right to choose one or another form of compensation. The most commonly used form of money. The "natural" form of compensation is advantageous for use in these types of insurance, as insurance glass, automobiles, real estate.
To reimburse the customer must state a claim for membership in a timely and proper form. An insured event shall be documented. This requires documentation from the competent authorities (state control, finally, technical supervision, the appropriate emergency service, expert opinions, the decision to institute criminal proceedings, decisions or decisions, etc.). Documents confirming the existence of an insured event, its causes and the offender. You must provide the documents entrusted to insurance. Settlement of losses insured must ensure that:
requirement applies at the time of registration;
The plaintiff is a full insured;
The insured event under the contract;
The Insured shall take all reasonable steps to minimize the damage and the insurance is not intentionally;
that all additional terms and conditions of the contract;
none of the exclusions from coverage contained in the agreement does not apply to this insurance case;
cost of damage is likely.
The basis for determining the amount of compensation is the fair value of insured property at the date of the loss.
In the event of total loss or loss of insured property - an amount equal to the real cost of lost property at the date of the insured event minus the value of the remaining residues, suitable for use, but not exceeding the sum insured;
when the insured property damage - equal to the cost recovery (repair) at the prices current at the date of the insured event, within the sum insured.
Complete destruction of property takes place, if the restoration costs exceed the actual cost of the insurance object immediately before the accident.
The cost of restoration and repair does not include costs associated with the changes, improvement, modernization or reconstruction of the object of insurance, support and prevention, as well as other costs not associated with the insurance case.
Double insurance - a variant of multiple insurance by several insurers of the same interest as compared to the same risks, when the total sum insured exceeds the insurable value of the object. The total amount of compensation may not exceed the amount of the loss suffered by the insured, regardless of the number of policies purchased. Different concepts of sets and double insurance. Repeated or additional insurance in case the public interest in the insured against the same risk for the same period, several insurance companies, and the total insured amount for all contracts shall not exceed the insured value of the object. Reinsurance is not prohibited by law.
If the fact of double insurance was opened up to the insured event, the total amount insured under the contract must be brought into line and do not exceed the insured value. At the same time, the insured may request that the sum insured under the contract, which was concluded later, was reduced with a corresponding reduction in premiums. The excess of the insurance premium paid is not refundable.
If the fact of double insurance was opened after the accident, the insurance is invalid in that part of the total insured amount exceeds the insured value. Insurers are obliged to pay compensation to the insurer, the total sum should not exceed the amount of damage. The amount of compensation paid by each insurer must be reduced in proportion to the initial reduction of the sum insured under the contract.
Rules determine the insurance, the insurer shall notify the insurer of all insurance contracts entered into in respect of the property insured with other insurance companies. In a statement the policyholder is liable for this question.
This provision may be introduced into the text of the insurance contract. In addition, he noted that the facts of double insurance insurance company is exempt from the obligation to pay compensation in accordance with this agreement.
taken from http://www.grandars.ru
