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Short-term rental insurance
In our own estimate, the basic example costs from €243 to €299, depending on the company. From there, 5 tables with 22 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 15 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.
- Floor area (m²)
- 65
- Year built
- 1998
- Building value (€)
- 110000
- Equipment value (€)
- 12,000
- Nights let per year
- 61 - 120
- Maximum guests
- 4
- Postcode
- no postcode - the average of Greece
- The reference tier
- With guest damage
- €243 - €299
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 damage to others. | €226Anytime | €280Allianz Ευρωπαϊκή Πίστη | +24%15 companies |
| With guest damageAdds whatever a guest breaks. · the reference tier | €243Anytime | €299Allianz Ευρωπαϊκή Πίστη | +23%15 companies |
| With earthquake and lost bookingsAdds earthquake and the bookings you lose. | €363Anytime | €436Allianz Ευρωπαϊκή Πίστη | +20%15 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 × 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 | Anytime | Allianz Ευρωπαϊκή Πίστη |
|---|---|---|
| up to 45 m² | × 1.00 | × 1.00 |
| 46 - 75 m² | × 1.00 | × 1.00 |
| 76 - 120 m² | × 1.00 | × 1.00 |
| over 120 m² | × 1.00 | × 1.00 |
From × 0.85 to × 1.15 along the scale. Click a band or drag the control.
× 1.00 ±0 € × 1.00 ±0 €
The table with the figures
| Band | Anytime | Allianz Ευρωπαϊκή Πίστη |
|---|---|---|
| after 2000 | × 0.85 | × 0.92 |
| 1985 - 2000 | × 1.00 | × 1.00 |
| 1960 - 1985 | × 1.08 | × 1.04 |
| before 1960 | × 1.15 | × 1.08 |
From × 0.79 to × 1.51 along the scale. Click a band or drag the control.
× 1.00 ±0 € × 1.00 ±0 €
The table with the figures
| Band | Anytime | Allianz Ευρωπαϊκή Πίστη |
|---|---|---|
| up to 60 nights | × 0.79 | × 0.89 |
| 61 - 120 nights | × 1.00 | × 1.00 |
| 121 - 200 nights | × 1.27 | × 1.14 |
| over 200 nights | × 1.51 | × 1.27 |
From × 0.88 to × 1.42 along the scale. Click a band or drag the control.
× 1.00 ±0 € × 1.00 ±0 €
The table with the figures
| Band | Anytime | Allianz Ευρωπαϊκή Πίστη |
|---|---|---|
| up to 2 people | × 0.88 | × 0.94 |
| 3 - 4 people | × 1.00 | × 1.00 |
| 5 - 6 people | × 1.18 | × 1.10 |
| 7 people and over | × 1.42 | × 1.22 |
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 | Anytime | 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 €110,000on €110,000 | Covers fire and damage to others., Adds whatever a guest breaks., Adds earthquake and the bookings you lose. | 0.76‰€83 · Anytime | 0.86‰€95 · Allianz Ευρωπαϊκή Πίστη |
| Furniture and equipment: 0.1% of €12,000on €12,000 | Adds whatever a guest breaks., Adds earthquake and the bookings you lose. | 1.04‰€12 · Anytime | 1.18‰€14 · Allianz Ευρωπαϊκή Πίστη |
| Earthquake: 0.1% of €122,000on €122,000 | Adds earthquake and the bookings you lose. | 0.95‰€115 · Anytime | 1.08‰€131 · Allianz Ευρωπαϊκή Πίστη |
Extra covers
A flat price a year, unless the tier already includes it.
| Cover | Inside the tier | Cheapest | Dearest | Spread |
|---|---|---|---|---|
| Loss of rental incomePays the rent you lose while the property cannot be let after covered damage. In season it is the largest part of the loss. | Adds earthquake and the bookings you lose. | €43Anytime | €55Allianz Ευρωπαϊκή Πίστη | +28%15 companies |
| Guest accidentHospital costs and compensation if a guest is injured in the property: the stairs, the bathroom, the pool. It is the claim that ends up in court. | Adds earthquake and the bookings you lose. | €23Anytime | €30Allianz Ευρωπαϊκή Πίστη | +30%15 companies |
| Lost keys and lock changeA new lock when a guest loses the keys. A small sum, and it happens every season. | Adds whatever a guest breaks.Adds earthquake and the bookings you lose. | €12Anytime | €16Allianz Ευρωπαϊκή Πίστη | +33%15 companies |
| Emergency cleaningThe cost of making the property lettable again after a party or serious soiling: cleaning, repainting, replacing the linen. | - | €20Anytime | €25Allianz Ευρωπαϊκή Πίστη | +25%15 companies |
| Legal protectionA lawyer at the expense of the company when the other party is at fault and its insurer refuses to pay. | - | €116Anytime | €150Allianz Ευρωπαϊκή Πίστη | +29%15 companies |
Minimum premium: from €27 to €35 depending on the company. No price falls below its own.
Instalments: in two halves the year costs 7% to 8% more, and in four quarters 14% to 16%, by company.