Premium calculation · Business

Tourist accommodation insurance

To the comparison

The reference case costs from €494 to €564 depending on the company. From there, 5 tables with 23 bands in all raise or lower the price - the same steps at every company, a different height.

13companies in the model
5factor tables
494 – €564the basic example, from the cheapest estimate to the dearest
6optional covers

The reference case

Every factor below is 1.00 for this case. Its price is each company's base, plus the rates on the sums it declares.

Type of accommodation
Rooms or apartments to let
Rooms
10
Building value
450,000
Equipment value
90,000
Season's turnover
€100,001 – 300,000
Year built
2,005
Pool
Pool
Postcode
no postcode: the rural mainland

The tiers

The price of the basic example by tier, base and percentages on the sums insured, at the company with the cheapest and the company with the dearest estimate.

PlanCheapestDearestSpread
Fire and liabilityCovers fire and your liability to guests. €388INTERASCO €444Allianz Ευρωπαϊκή Πίστη +14%13 companies
With theft and waterAdds theft, water damage and things that fail on their own. · the reference tier €494INTERASCO €564Allianz Ευρωπαϊκή Πίστη +14%13 companies
With earthquake and loss of profitAdds earthquake and the season you lose. €1,224INTERASCO €1,384Allianz Ευρωπαϊκή Πίστη +13%13 companies

The factors

The same bands at every insurer, different coefficients

Every figure is one table of the calculation. The two columns in each band are the cheapest and the dearest estimate for the basic example.

Kind of property INTERASCOAllianz Ευρωπαϊκή Πίστη

From × 0.84 to × 1.26 along the scale. Click a band or drag the control.

Try it: Rooms or apartments to let

× 1.00 ±0 € × 1.00 ±0 €

The table behind the figure
BandINTERASCOAllianz Ευρωπαϊκή Πίστη
Rooms or apartments to let× 1.00× 1.00
Villa or holiday house× 1.05× 1.03
Campsite or glamping× 0.84× 0.90
Hotel, up to 3 stars× 1.13× 1.08
Hotel of 4 – 5 stars, or resort× 1.26× 1.16
Rooms INTERASCOAllianz Ευρωπαϊκή Πίστη

From × 0.95 to × 1.16 along the scale. Click a band or drag the control.

Try it: 6 – 15 rooms

× 1.00 ±0 € × 1.00 ±0 €

The table behind the figure
BandINTERASCOAllianz Ευρωπαϊκή Πίστη
up to 5 rooms× 0.95× 0.97
6 – 15 rooms× 1.00× 1.00
16 – 40 rooms× 1.05× 1.03
41 – 100 rooms× 1.10× 1.06
more than 100 rooms× 1.16× 1.10
Year built INTERASCOAllianz Ευρωπαϊκή Πίστη

From × 0.90 to × 1.31 along the scale. Click a band or drag the control.

Try it: 1985 – 2000

× 1.00 ±0 € × 1.00 ±0 €

The table behind the figure
BandINTERASCOAllianz Ευρωπαϊκή Πίστη
after 2000× 0.90× 0.94
1985 – 2000× 1.00× 1.00
1960 – 1985× 1.16× 1.10
before 1960× 1.31× 1.19
Pool and sea INTERASCOAllianz Ευρωπαϊκή Πίστη

From × 1.00 to × 1.21 along the scale. Click a band or drag the control.

Try it: no pool

× 1.00 ±0 € × 1.00 ±0 €

The table behind the figure
BandINTERASCOAllianz Ευρωπαϊκή Πίστη
no pool× 1.00× 1.00
with a pool× 1.10× 1.06
pool and spa or waterslides× 1.21× 1.13
Region INTERASCOAllianz Ευρωπαϊκή Πίστη

From × 1.00 to × 1.00 along the scale. Click a band or drag the control.

Try it: Greece, national average

× 1.00 ±0 € × 1.00 ±0 €

The table behind the figure
BandINTERASCOAllianz Ευρωπαϊκή Πίστη
Attica× 1.00× 1.00
Thessaloniki× 1.00× 1.00
Large cities× 1.00× 1.00
Rest of mainland Greece× 1.00× 1.00
Islands× 1.00× 1.00
Greece, national average× 1.00× 1.00

Rates on declared sums

Whatever is priced on a sum you declare, the value, the building, the capital, enters the price before the factors.

CoverIn tiersCheapestDearest
Building, 0.1% on €450,000on €450,000 Covers fire and your liability to guests., Adds theft, water damage and things that fail on their own., Adds earthquake and the season you lose. 0.72‰€324 · INTERASCO 0.81‰€363 · Allianz Ευρωπαϊκή Πίστη
Equipment, 0.1% on €90,000on €90,000 Adds theft, water damage and things that fail on their own., Adds earthquake and the season you lose. 0.96‰€86 · INTERASCO 1.08‰€97 · Allianz Ευρωπαϊκή Πίστη
Earthquake, 0.1% on €540,000on €540,000 Adds earthquake and the season you lose. 0.96‰€518 · INTERASCO 1.08‰€581 · Allianz Ευρωπαϊκή Πίστη
Loss of profit, 0.1% on €200,000on €200,000 Adds earthquake and the season you lose. 0.96‰€192 · INTERASCO 1.08‰€215 · Allianz Ευρωπαϊκή Πίστη

Extra covers

A flat price a year, unless the tier already includes it.

CoverInside the tierCheapestDearestSpread
Guests' propertyYour guests' luggage, valuables and equipment, in the room and in the safe at reception. The hotelier is liable for them by law, insured or not. Adds earthquake and the season you lose. €87INTERASCO €109Allianz Ευρωπαϊκή Πίστη +25%13 companies
Food poisoningYour liability if guests are made ill by the food or the water. A mass outbreak at an all-inclusive hotel is the most expensive liability claim this line sees, because it arrives from a hundred people at once. - €152INTERASCO €190Allianz Ευρωπαϊκή Πίστη +25%13 companies
Employer's liabilityAn accident at work to your staff - the kitchen, housekeeping, maintenance - for which you are liable beyond what the state fund pays. In seasonal trading, with new staff every May, it is the cover that earns its keep. - €129INTERASCO €161Allianz Ευρωπαϊκή Πίστη +25%13 companies
Money on the premisesThe cash at reception, in the safe and on the way to the bank. A small sum, and the only cover that answers for robbery rather than break-in. Adds theft, water damage and things that fail on their own.Adds earthquake and the season you lose. €41INTERASCO €52Allianz Ευρωπαϊκή Πίστη +27%13 companies
Data breachThe costs and the fines if guest details or card numbers leak from the booking system. Accommodation holds passports, addresses and cards, which is exactly what the GDPR asks to be protected. - €175INTERASCO €218Allianz Ευρωπαϊκή Πίστη +25%13 companies
Terrorism and civil commotionDamage from a terrorist act, civil commotion or malicious damage. It is excluded from the base policy almost always, and asked for in the contract by most foreign tour operators. - €110INTERASCO €138Allianz Ευρωπαϊκή Πίστη +25%13 companies

Minimum premium: from €64 to €81 depending on the company. No price falls below its own.