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Short-term rental insurance
The reference case costs from €124 to €149 depending on the company. From there, 5 tables with 22 bands in all raise or lower the price - the same steps at every company, a different height.
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.
- Floor area (m²)
- 65
- Year built
- 1,998
- Building value (€)
- 110,000
- Equipment value (€)
- 12,000
- Nights let per year
- 61 – 120
- Maximum guests
- 4
- 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.
| Plan | Cheapest | Dearest | Spread |
|---|---|---|---|
| Fire and liabilityCovers fire and your liability to others. | €107Hellas Direct | €130Allianz Ευρωπαϊκή Πίστη | +21%15 companies |
| With guest damageAdds whatever a guest breaks. · the reference tier | €124Hellas Direct | €149Allianz Ευρωπαϊκή Πίστη | +20%15 companies |
| With earthquake and loss of incomeAdds earthquake and the bookings you lose. | €240Hellas Direct | €286Allianz Ευρωπαϊκή Πίστη | +19%15 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.
From × 1.00 to × 1.00 along the scale. Click a band or drag the control.
× 1.00 ±0 € × 1.00 ±0 €
The table behind the figure
| Band | Hellas Direct | 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 × 0.84 to × 1.16 along the scale. Click a band or drag the control.
× 1.00 ±0 € × 1.00 ±0 €
The table behind the figure
| Band | Hellas Direct | Allianz Ευρωπαϊκή Πίστη |
|---|---|---|
| after 2000 | × 0.84 | × 0.92 |
| 1985 – 2000 | × 1.00 | × 1.00 |
| 1960 – 1985 | × 1.08 | × 1.04 |
| before 1960 | × 1.16 | × 1.08 |
From × 0.78 to × 1.54 along the scale. Click a band or drag the control.
× 1.00 ±0 € × 1.00 ±0 €
The table behind the figure
| Band | Hellas Direct | Allianz Ευρωπαϊκή Πίστη |
|---|---|---|
| up to 60 nights | × 0.78 | × 0.89 |
| 61 – 120 nights | × 1.00 | × 1.00 |
| 121 – 200 nights | × 1.29 | × 1.14 |
| over 200 nights | × 1.54 | × 1.27 |
From × 0.87 to × 1.45 along the scale. Click a band or drag the control.
× 1.00 ±0 € × 1.00 ±0 €
The table behind the figure
| Band | Hellas Direct | Allianz Ευρωπαϊκή Πίστη |
|---|---|---|
| up to 2 people | × 0.87 | × 0.94 |
| 3 – 4 people | × 1.00 | × 1.00 |
| 5 – 6 people | × 1.19 | × 1.10 |
| 7 people and over | × 1.45 | × 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 behind the figure
| Band | Hellas Direct | 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 declared sums
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 |
|---|---|---|---|
| Buildings, 0.1% on €110,000on €110,000 | Covers fire and your liability to others., Adds whatever a guest breaks., Adds earthquake and the bookings you lose. | 0.74‰€81 · Hellas Direct | 0.86‰€95 · Allianz Ευρωπαϊκή Πίστη |
| Contents and equipment, 0.1% on €12,000on €12,000 | Adds whatever a guest breaks., Adds earthquake and the bookings you lose. | 1.02‰€12 · Hellas Direct | 1.18‰€14 · Allianz Ευρωπαϊκή Πίστη |
| Earthquake, 0.1% on €122,000on €122,000 | Adds earthquake and the bookings you lose. | 0.93‰€113 · Hellas Direct | 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. | €41Hellas Direct | €55Allianz Ευρωπαϊκή Πίστη | +34%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. | €22Hellas Direct | €30Allianz Ευρωπαϊκή Πίστη | +36%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. | €12Hellas Direct | €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. | - | €19Hellas Direct | €25Allianz Ευρωπαϊκή Πίστη | +32%15 companies |
| Legal protectionA lawyer at the company's expense when the other driver is at fault and their insurer refuses to pay. It costs a few euros a year and is the difference between claiming and letting it go. | - | €111Hellas Direct | €150Allianz Ευρωπαϊκή Πίστη | +35%15 companies |
Minimum premium: from €26 to €35 depending on the company. No price falls below its own.