Building a business is all about time, effort, investments, creativity, resilience risk-taking and finding solutions. The fruit of everiday activity is the performance and prestige of the business and it’s overall development.
Still, unfortunate events do not choose either the person or the moment to strike, and the statistics of 2022 are a testimony to that. If some entrepreneurs think it can’t happen to them or indefinitely postpone the moment of insuring their properties, they would do well to ensure their business continuity in case the unexpected occurs.
- 43,234 (+41% vs 2021) fires in Romania
- 285 (+325% vs 2021) earthquake files opened by PAID, while in the first 6 months of 2023 there are already 2,190 files open
- the average value compensated by Groupama on a claim file in 2022 for PJ goods and properties is 26,504 lei
- the 5 most frequent risks in 2022 that generated the damages paid by Groupama, based on PJ goods and property policies, are: Fire 63%, Storm 10%, Broken water pipes 8%, Electrical damage 4%, Flooding from neighbors 4%
In addition to the measures regarding the legal norms of protection against risks, by opting for Fire and other calamities Insurance, you will have the certainty that, regardless of the risks to which residential buildings, administrative headquarters buildings, production halls and other constructions are exposed, but also the insured goods, machinery, stocks of goods, materials and raw materials, you will more easily overcome any problems, both from a financial point of view and from the point of view of the time needed to remedy the damage. The latter usually mean the interruption of business activity and the generation of losses. That’s why, in addition to property insurance, you can also insure gross profit losses caused by the temporary, partial or total interruption of activity, following insured events.
Fire and other calamities insurance is a flexible product that allows you to insure the building and/or its contents in 3 types of coverage, depending on the needs of your business. In the Standard version you have included risks such as fire, lightning, explosion, falling aircraft, the Extended version has in addition flood, storm, collapses or landslides and the weight of snow, and the All Risks version, being the most comprehensive, additionally covers the earthquake , damage to water installations, sewage or central heating, flooding from neighbors, theft, being hit by vehicles, sonic waves, falling bodies, political risks, vandalism.
There are many worries when faced with an event that causes damage to your buildings or property, so we have taken care of simplifying the claims process:
- self-assessment, you receive your money in your account within a maximum of 72 hours from the agreement, for damages of less than 10,000 lei
- payment of an advance of 30%, within 72 hours of submitting the declaration of acceptance of the partial compensation
- guaranteed final payment, within 15 days of submitting the declaration of acceptance of compensation.
Challenges and difficult times are part of any entrepreneur’s journey – you can’t avoid them or predict them, but you can insure them with the right policy. We hope this material has helped you discover it and better understand what it can do for you.
Take the step towards an insured future and ask for an insurance quote.
For additional information, you can consult the virtual assistant Amelie (24/7) on groupama.ro, you can write to relatii.clienti@groupama.ro, you can call AloGroupama 0374.110.110 (Monday – Friday, between 8:00 – 18:00) or contact the Groupama network of sellers and partners.