Buildings Insurance

Nglbarnes



Joined: 08/02/2008
Posts: 59


Message Posted:
15/02/2008 12:58

Who did their homework and shopped around when it came to buildings insurance. Do you just pop into a broker in Girne or do it online?

I will be looking at a rebuild cost of £75k so what should I expect to pay?

What cover do you recommend to have eg earthquake, flood etc

McSteviet



Joined: 11/05/2007
Posts: 789


Message Posted:
15/02/2008 13:02

Nigel,



How did you come up with the rebuild cost?



Did you ask the developer?



MC

lovingcyprus


Joined: 02/03/2007
Posts: 530


Message Posted:
15/02/2008 13:13

Nglbarnes



Phone Steve Dickinson at:-



Kibris Sigorta STI. Ltd (Cyprus Insurance Co. Ltd) on 0542 873 1231 or 0392 821 1228



Mention my name when you speak to him

Nglbarnes



Joined: 08/02/2008
Posts: 59


Message Posted:
15/02/2008 13:13

No asked a turkish friend and he estimated 75k.

its a mid terrace 2 bed see http://www.mountainmanzara.com

lovingcyprus


Joined: 02/03/2007
Posts: 530


Message Posted:
15/02/2008 13:16

Nglbarnes



£75k seems a lot but Steve Dickinson will have a much better idea

Nglbarnes



Joined: 08/02/2008
Posts: 59


Message Posted:
15/02/2008 13:24

Lovingcyprus

you know how it is, you have a run down old bungalow, then when you are away there is a fire and low and behold the insurance pays out and you rebuild a 5 bed palace with pool whilst living in a caravan in your front garden lol

In all seriousness I will give Steve Dickinson a call

jacko


Joined: 20/11/2007
Posts: 117


Message Posted:
15/02/2008 13:55

nglbarnes



i have a 3 bed villa with pool and i was told that 65K for re building costs was adequate and that includes the pool i think i paid £100 for the year but i would have to check my paperwork. This covers earthquake etc etc. Hope this gives you some idea.

jacko

lovingcyprus


Joined: 02/03/2007
Posts: 530


Message Posted:
15/02/2008 14:00

jacko



With a terraced property you have to have a higher sum insured than you do with a detached placed, same applies in the UK

jacko


Joined: 20/11/2007
Posts: 117


Message Posted:
15/02/2008 14:34

hi lovingcyprus i realise that he has a terraced property but like you said in previous thread £75k does seem alot i was just giving him an idea or others who would be interested an example of building insurance cost.

jacko

TimothyCadman


Joined: 13/12/2007
Posts: 395


Message Posted:
15/02/2008 14:59

You seem to forget that Nglbarnes has a MID TERRACE house. If his house is damaged beyond repair the neighbours houses may well have to come down and the whole lot rebuilt, and his insurance will have to pay for the neighbours houses too.

orangekazzie



Joined: 31/07/2007
Posts: 987


Message Posted:
15/02/2008 20:36

We were asked for the total building cost then had to list all of our contents individually. We bought our insurance from our solicitor and the price was very competitive.

Karen

Tatlisu4me


Joined: 26/01/2008
Posts: 256


Message Posted:
15/02/2008 20:50

Bit of advice for anyone buying in TRNC and only visiting every now and again, sometimes the small print ask will the property be left vacant for 30 days or more. You want cover that gives protection if the house is left empty over and above this period.

Bradus


Joined: 25/02/2007
Posts: 896


Message Posted:
15/02/2008 22:21

Well pointed out Mal. I'll bet not many of us would have thought about that.

rtddci


Joined: 29/12/2007
Posts: 554


Message Posted:
15/02/2008 23:02

I'm paying £240 for a 3 bed apartment! That will teach me to rely on the estate agent. I'll check the vacant for 30 days or more point which applies to me.

Martin

pilgrim



Joined: 11/05/2007
Posts: 902


Message Posted:
15/02/2008 23:16

May get a shock this year paid 165 for 4bed villa last year, ringing steve shortly with intrepidation.

glencoe


Joined: 01/02/2008
Posts: 214


Message Posted:
16/02/2008 01:00

I have had three different sets of proposals from top insurers, for my house including pool,

Gunes can sigorta

Umbrella

Axa

All were good and within a few £'s of each other, I opted for Axa as I dealt with them commercially for years in the UK, but remember to reveal all and read the small print, it seems that a lot of people are more concerned with cost instead of getting the best possible cover, a few pounds saved now may be a lot of pounds lost in the event of a problem.

Umbrella - I found to be good for car insurance, the courtesy car clause was very interesting for me as I was involved in a smash last year and my car was off the road for some 13 months (bad insurance company, and yes I learned from my mistake) members of the BRS get a discount and Umbrella is through the Iktisat bank who have an english speaking department in Girne, Steve will tell you more about Gunes

pilgrim



Joined: 11/05/2007
Posts: 902


Message Posted:
16/02/2008 12:15

Called Steve (works Saturdays) 250 for Villa inc contents. Car 200 fully comp.

pleased with that.

glencoe


Joined: 01/02/2008
Posts: 214


Message Posted:
16/02/2008 16:11

Car cannot be quoted as £200 fully comp because all cars are different, eg engine size, diesel or petrol , year make and model all count - little older cars with a value of £2k or less are cheaper to insure than a pajero which could cost £800 to insure as an example

orangekazzie



Joined: 31/07/2007
Posts: 987


Message Posted:
16/02/2008 16:21

I understand (but could be completely wrong here) that fully comp is not the same as it is in the UK. Most cars are just covered third party as standard with only the ex pats electing to pay for fully comp.

Karen

Lambousa Gordon


Joined: 03/11/2007
Posts: 204


Message Posted:
16/02/2008 16:30

Try Steve Dickinson - he will answer all your questions

pilgrim



Joined: 11/05/2007
Posts: 902


Message Posted:
16/02/2008 17:38

Car Value only 2k

lovingcyprus


Joined: 02/03/2007
Posts: 530


Message Posted:
16/02/2008 17:41

glencoe



I don't understand your message 18 can you please explain

glencoe


Joined: 01/02/2008
Posts: 214


Message Posted:
16/02/2008 18:46

If you read message 17 the person said he got fully comp insurance on his car for £200 but all cars are different and the insurance is built around the cars value if you get fully comp on say a three year old peugeot 306 valued at £7K it WOULD POSSIBLY COST YOU ABOUT £380/£450 TO INSURE FOR THE FULL VALUE IN THE EVENT OF AN ACCIDENT WHOEVER WAS AT FAULT OR IF THE OTHER DRIVER HAD NO INSURANCE (WHICH IS POSSIBLE) oops

glencoe


Joined: 01/02/2008
Posts: 214


Message Posted:
16/02/2008 18:52

Sorry about that, if you had a mercedes 280se valued at £30K you would not get full insurance for £380/£450but would probably have to pay in the region of £1000 maybe more, third party only covers the other persons car in the event of a bump and you have to stump up for the repairs to your own vehicle - hope this explains LC

and yes you can buy a car for £2k not a very good un but you can pilgrim !, these are the ones you only bother taking out third party insurance on

lovingcyprus


Joined: 02/03/2007
Posts: 530


Message Posted:
16/02/2008 19:01

glencoe



So what you are saying is that pilgrim just said to the insurance people I have a car how much is fully comp insurance, I wouldn't think he did this I guess he gave them full details of the car to be covered and was then quoted a price of £200

pilgrim



Joined: 11/05/2007
Posts: 902


Message Posted:
16/02/2008 19:11

thanks lovingcyprus, have had policy with steve for 2years will check status when I get there later this month.thought it was fully comp. actual policy is in car. will post result early march.

cheers

p

glencoe


Joined: 01/02/2008
Posts: 214


Message Posted:
16/02/2008 19:13

No not at all, you are misinterpreting, I am not saying anything other than the insurance, fully comp at £200, will reflect pilgrim's cars replacement or repair value and that everyone else on the forum needn't think that they will get fully comprehensive cover for their vehicle, and I have not implied or said anything else, and I have no idea what pilgrim said or did not say to the insurance people, and I think my posts read that way LC

LOL

simbas



Joined: 16/07/2007
Posts: 2152


Message Posted:
17/02/2008 09:48

hi pilgrim , whipped out my policy and mine was £380 for the year 2007 - 2008 that includes buildings , contents , earthquake ,theft , glass plate ,and add perills , which in itself is also quite comprehensive . we also had a small reduction from the year before .

hope your having a good w/e simbas

pilgrim



Joined: 11/05/2007
Posts: 902


Message Posted:
17/02/2008 14:07

Hi Simbas fine thanks w/e good and bad, good watched grandson play football and win,going to see Oscar nominated new film 'There will be blood' tonight'. bad Saints and Liverpool both lost. best arrive TRNC 28th!

Hope Your Ok, must meet up sometime, your my near neighbour I think, Troylake?

orangekazzie



Joined: 31/07/2007
Posts: 987


Message Posted:
21/02/2008 14:42

bringing forward because of useful numbers and other information.

simbas



Joined: 16/07/2007
Posts: 2152


Message Posted:
22/02/2008 05:12

hi pilgrim , yes we are in troylake , myself and 2 friends will be in nc 24th april , for 10 days , for our annual girlie retreat week ,

regards simbas

bankadan


Joined: 14/12/2007
Posts: 128


Message Posted:
22/02/2008 07:05

Turk Bankası (Turkish Bank) can organise buildings and contents, also car insurance.

You can obtain a quote by calling 0542 8519006 or e mailing j.lindley@turkishbank.net

simbas



Joined: 16/07/2007
Posts: 2152


Message Posted:
02/04/2008 06:54

jackiem see message 21 , i posted in wrong topic but as i said go into the insurance topic theres lots in there

good luck , simbas

simbas



Joined: 16/07/2007
Posts: 2152


Message Posted:
07/04/2008 21:17

see message 28

Jessie


Joined: 14/08/2008
Posts: 6


Message Posted:
07/09/2008 13:56

Does anybody have a current email address for Steve Dickinson?

puppylover



Joined: 05/05/2008
Posts: 366


Message Posted:
07/09/2008 16:17

stevedickinson@superonline.com

Coachie



Joined: 29/07/2008
Posts: 806


Message Posted:
07/09/2008 16:53

I have been reading your post with interest on the building insurance, and people were stating the 30day un-occupied clause.Ihave just renewed my insurance for my property here in the u.k. and they ask the same question,so if any one going to trnc for longer than30 days in one go,which i may assume some ofyou do, Ishould check your u.k.policy just in case you have not covered that angle.

harita


Joined: 14/08/2008
Posts: 73


Message Posted:
07/09/2008 17:16

Think you will find Steve Dickinson has a new email address, or maybe he has two,,,, stevedickinson@cyprus.com



Harita

cooper



Joined: 23/10/2007
Posts: 585


Message Posted:
07/09/2008 19:48

Have found this one - steve.edenestates@gmail.com



Cooper

climbing67


Joined: 21/04/2008
Posts: 9


Message Posted:
09/09/2008 10:14

Hi all, great gen, does anyone have an email for Steve Dickinson? Many thanks

Bowman


Joined: 02/05/2007
Posts: 119


Message Posted:
09/09/2008 13:21

We used TEB Bank. Their is a London Cyp, Tanya, who works there. Very professional and helpful....