Property Insurance:

Plan for the unexpected. If you having a property whether a home, condo or a business building that you have spent priceless years of your life seeking, is now worth ensuring with Insuria to help pay for repairs, replacement costs and extra living expenses if something happens to your home. Fire, wind, hail, lightning, theft—you're covered. You'll just have to pay your deductible, and your homeowners insurance policy takes care of the rest.

We offer both buildings insurance and contents insurance. In addition to our standard cover, we provide optional policy features which you can add to your policy for an additional cost. This way you can tailor the cover to suit your particular needs and budget.

Fire & Allied Perils

Political Violence

All Risk Insurance

Property Fire & Allied Perils Insurance:

This policy covers any damages resulting from Fire & Lightning or fire results from thunderbolt or fire following Explosion or Spontaneous Combustion.

Allied perils cover any damages resulting from the below perils:

Explosion including boiler explosion.
Earthquake, Storm tempest, Flood, Volcanic Eruption.
Impact by land vehicles.
Burst out and overflow of water pipes, tanks and apparatus.
Bursting or leakage of water from any Automatic sprinkler installation
Aircraft & any articles dropped there from.
Strike, riots and civil commotion (SRCC)
Burglary

Comprehensive policy that designed especially for factories and hotels that including the above perils Plus the below risks:

Machinery breakdown
Deterioration of stock inside the cold stores resulting from Machinery breakdown
Fidelity grantee
Cash in transit
General Third part liability
Debris Removal.
Business interruption

The premium is calculated per mill percentage according to the type of activity.

Property Political Violence Insurance:

INSURIA offers insurance for assets that are exposed to war, terrorism and political violence attacks. We help companies navigate through dynamic, complex and ever-changing global threats while considering the implications of legislation.

COVERAGE

Act of Terrorism
Sabotage
Riots, strikes and civil commotion (SRCC)
Malicious Damage
Insurrection, Revolution or Rebellion
Mutiny and/or Coup d’état
War and civil war
Employee and general terrorism liability

Additional coverage extensions include:

Looting and pillaging
Terrorism liability
Contingent business interruption (CBI) extensions (denial of access, customers and suppliers, public utilities)
Bomb hoax

CLIENT PROFILES

Clients needing war, political violence or terrorism insurance coverage, ranging from small companies with single asset exposure to multinational companies with global exposure, including:

Real estate
Offices and banks
Power and utilities
Chemical and pharmaceutical
Energy - oil and gas
Construction and mining
Hospitality
Transport

Property All Risk Insurance:

Property All Risks policy provides you with a broader coverage than Fire & Allied Perils Policy. This insurance policy covers accidental loss or damage to your insured property. The scope of cover is limited by a set of exclusions.

What is the difference between Property All Risk and Fire & Named Perils?

Major differences: Property All Risk covers claims resulting from direct or indirect damage to the property; whereas the Fire & Allied Perils policy covers claims resulting from a direct damage only such as a direct damage of a thunderbolt to the property and not fires due to a thunderbolt hit on the main electrical supply of the neighbourhood.

The Property All Risk policy covers can be extended, in addition to the fire and allied perils policy to include:

Forest Fires
Burglary by forcible entry
Hold Up
Accidental Damages to property
Strikes / Riots and Civil Commotions
Loss of profits business interruption
Loss of rent
Third party legal liability including the landlord's liability towards tenants and the tenants liability towards the landlords
Malicious damage
Accidental damage to plate glass fixed to the building
Expenses incurred on removing debris following the loss or damage of the insured property
Fire brigade charges and extinguishing expenses
Architects, surveyors, legal and consulting engineering fees

Exclusions:

The Property All Risk policy has a specific list of excluded risks whereas the Fire and Allied Perils policy has a specific list of the covered risks. Some of the important exclusions are:

Electrical, mechanical breakdown
Deterioration of property due to change in temperature or humidity or inadequate air-conditioning, cooling or heating system.
Subsidence, ground heave, land slip, erosion, settling or crack-ins.
Damage to equipment during installation or dismantling operations.
Property in course of construction or erection.
Property in course of manufacture.
Money, cheques, securities of all kinds etc.
Contamination, pollution, wear and tear, corrosion.
Loss resulting from dishonesty, fraudulent action, infidelity.

Kindly note that the list above is not exhaustive. In order to get the full details of the coverage, please contact us to send you the policy wording.

What risks are (or are not) covered by Property insurance?

Most Property insurance policies provide four basic types of coverage. These include insurance coverage for your Property's structure, insurance for your personal belongings, liability protection, and insurance for additional living expenses (in case a fire or other insured disaster makes it so you are temporarily unable to live in your home).
What many people do not realize is that there are some risks that are not covered by a standard Property insurance policy. These may include flood, earthquake, coverage for high-value belongings, and other risks. In these cases, your Insuria insurance agent can add endorsements to your home or Property insurance policy to give you the additional coverage you need. This is why it is critical to work with an insurance agent. Rates and availability of endorsements vary between insurance companies. Because of Insuria’s experience with multiple companies—including the top insurance companies in Lebanon—we can compare prices and coverage to make sure you are getting the most for your insurance dollar.

Why House Insurance is Essential in Lebanon: Protect Your Home and Valuables

In the vibrant and dynamic landscape of Lebanon, where modern buildings stand tall and traditional architecture blends seamlessly with contemporary design, the question of whether to have insurance on your house is a critical consideration.

Benefits of the separation of fine art and specie from property cover

Fine art and specie collections can appreciate significantly in value over short periods of time. As a result, insuring these high value items under a general property insurance policy could result in the fine art and specie collections being underinsured in the event of a loss.

Why Do I Need Restaurant Insurance?

Nearly every establishment involved in selling food and beverages – from take-out restaurants to fine dining facilities, and from coffee cafes to full-service bars – can benefit from a comprehensive restaurant insurance plan.

Renovating your building

When undertaking a remodeling project, people often forget to review their insurance needs, too. Whether your renovation budget is large or small, you are adding to the value of your home and increasing your exposure to risk.