Premium calculation · Business
Tourist accommodation insurance
In our own estimate, the basic example costs from €489 to €562, depending on the company. From there, 5 tables with 23 bands in all raise or lower the price: the same steps at every company, at another height.
The prices are our own estimates, and they can be wrong. They are not offers or an official ranking, and we sell no insurance. The algorithm is public. Why
The prices of each company are our own estimate. They come from our own research of the market and our judgement as people of the industry. They are not a price that the company publishes. We can be wrong, and the order of the ranking is more reliable than the exact price. Only the company gives the real price, with all your details. None of the 16 companies gave us a price.
The reference case
The price of the example is the one the comparison shows for these answers: the base of each company, the rates on the sums insured, the factors and the extra covers of the example.
- Type of accommodation
- Rooms or apartments to let
- Rooms
- 10
- Building value
- 450000
- Equipment value
- 90000
- Season's turnover
- €100,001 - 300,000
- Year built
- 2005
- Pool
- Pool
- Postcode
- no postcode - the average of Greece
- The reference tier
- With theft and water
- €489 - €562
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.
| Plan | Cheapest | Dearest | Spread |
|---|---|---|---|
| Fire and liabilityCovers fire and your liability to guests. | €425INTERASCO | €494Allianz Ευρωπαϊκή Πίστη | +16%16 companies |
| With theft and waterAdds theft, water damage and things that fail on their own. · the reference tier | €489INTERASCO | €562Allianz Ευρωπαϊκή Πίστη | +15%16 companies |
| With earthquake and loss of profitAdds earthquake and the season you lose. | €1,211INTERASCO | €1,378Allianz Ευρωπαϊκή Πίστη | +14%16 companies |
The factors
Every insurer has the same bands, but its own 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.
From × 0.84 to × 1.26 along the scale. Click a band or drag the control.
× 1.00 ±0 € × 1.00 ±0 €
The table with the figures
| Band | INTERASCO | Allianz 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 |
From × 0.95 to × 1.16 along the scale. Click a band or drag the control.
× 1.00 ±0 € × 1.00 ±0 €
The table with the figures
| Band | INTERASCO | Allianz 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 |
From × 0.90 to × 1.31 along the scale. Click a band or drag the control.
× 1.00 ±0 € × 1.00 ±0 €
The table with the figures
| Band | INTERASCO | Allianz 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 |
From × 1.00 to × 1.21 along the scale. Click a band or drag the control.
× 1.00 ±0 € × 1.00 ±0 €
The table with the figures
| Band | INTERASCO | Allianz Ευρωπαϊκή Πίστη |
|---|---|---|
| no pool | × 1.00 | × 1.00 |
| with a pool | × 1.10 | × 1.06 |
| pool and spa or waterslides | × 1.21 | × 1.13 |
From × 1.00 to × 1.00 along the scale. Click a band or drag the control.
× 1.00 ±0 € × 1.00 ±0 €
The table with the figures
| Band | INTERASCO | Allianz 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 the sums insured
Whatever is priced on a sum you declare, the value, the building, the capital, enters the price before the factors.
| Cover | In tiers | Cheapest | Dearest |
|---|---|---|---|
| Building: 0.1% of €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% of €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% of €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% of €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.
| Cover | Inside the tier | Cheapest | Dearest | Spread |
|---|---|---|---|---|
| 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%16 companies |
| Food poisoningYour liability if guests fall ill from the food or the water. | - | €152INTERASCO | €190Allianz Ευρωπαϊκή Πίστη | +25%16 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%16 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%16 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%16 companies |
| Terrorism and civil commotionDamage from a terrorist act, riots or vandalism. Check whether the basic policy excludes it. | - | €110INTERASCO | €138Allianz Ευρωπαϊκή Πίστη | +25%16 companies |
Minimum premium: from €64 to €81 depending on the company. No price falls below its own.
Instalments: in two halves the year costs 8% to 8% more, and in four quarters 16% to 16%, by company.