Family property insurance belongs to the category of family property insurance, which mainly covers housing losses caused by natural disasters and accidents such as fire, explosion and lightning strike. Home insurance is generally insured by the owner or household at a rate of 0. 1-0.2%. In case of loss, the insurance company will calculate compensation according to the actual value of the house, but it will not exceed the insured amount.

Insurance difference:

The difference between family insurance and family property insurance;

First, the scope of protection is different.

The scope of protection in home insurance is the building structure of the house; Home property insurance covers indoor property, including decoration, furniture and clothes.

Second, the risks faced by the subject matter of insurance are different.

The difference in the subject matter of these two insurances determines the difference in risks. The main risks faced by building structures are fire, explosion and natural disasters within the insurance scope. In addition to the risks faced by the building structure, there are also major risks such as theft and robbery, loss of family property after water pipes burst, and liability for compensation. Insured households who buy property insurance generally attach theft insurance, emergency rescue and water pipe burst insurance.

Third, compensation is handled differently.

The value of the subject matter insured in family insurance is easy to determine, and the subject matter insured generally does not change. Therefore, when you apply for insurance, you should be as full as possible to get enough protection. For those who are not fully insured, the insurance company will compensate them in proportion when they are out of danger. The subject matter of family property insurance shall be agreed by the applicant and the insurance company in advance.

After the insured loss occurs, the insurance company shall compensate according to the actual loss amount within the limit of the insured amount. In general, the proportional sharing system is not applicable to family property compensation. The insured should read the insurance regulations carefully before taking out insurance to avoid unnecessary disputes when settling claims.

Extended data:

Insurance amount:

The insured amount in family insurance, that is, the amount of the subject matter insured, is the actual insured amount of the subject matter insured, the basis for calculating the insurance premium, and the highest amount that the insurer is responsible for compensation after the insurance accident. Home insurance's insurance amount is generally determined through the evaluation of housing property rights.

The actual value of the property as the subject matter of insurance at the time of insurance is the insured value. Within the scope of the insured value, the insurer and the insured determine the insured amount as the highest amount of insurance protection according to the insured's interest in the subject matter and his desire for protection. Because the purpose of family insurance is to compensate the actual losses suffered by the insured, the amount of family insurance is generally not higher than the actual value of the insured property. The second paragraph of Article 39 of China's Insurance Law also stipulates: "The insured amount shall not exceed the insured value; If it exceeds the insured value, the excess will be invalid. "

However, due to the large amount of property and the rapid price changes, it is impossible for the parties to the insurance contract to correctly evaluate the property one by one when they apply for insurance, and it is impossible to inform the other party of the property changes at any time. Therefore, according to the relationship between the insured amount and the actual value of the insured property, the insured amount can generally be divided into three situations:

(1) Full coverage:

Also known as full insurance, it refers to the insurance that the insurance amount is equivalent to the actual value of the property. In full insurance, if the market price changes, we should always pay attention to increasing or decreasing the insurance amount to keep it consistent with the market price. Full insurance is an ideal insurance. The insured can fully guarantee the value of the subject matter insured, and when the subject matter insured suffers losses, he can get full compensation according to the actual losses.

(2) Insufficient insurance:

Also known as low-value insurance, it refers to the insurance whose insurance amount is lower than the actual value. The insufficient part should be regarded as the self-protection of the insured, and the insured can only get proportional compensation from the insurer after suffering losses.

Paragraph 3 of Article 39 of the Insurance Law stipulates: "If the insured amount is lower than the insured value, unless otherwise agreed in the contract, the insurer shall be liable for compensation in proportion to the insured amount and the insured value." Insufficient insurance may occur when the insurance contract is concluded, or it may occur after the insurance contract is concluded. Due to the emergence of a specific factor, it can usually be summarized into the following three situations:

(1) The insured tries to save the insurance fee and voluntarily bears part of the risks;

(2) Due to the rise in real estate prices, the insurance amount was not adjusted in time, which made the original full insurance become insufficient insurance.

(3) In order to urge the insured to pay attention to the disaster prevention and loss prevention of the insured property, the insurer rigidly stipulates that the insured amount must be lower than the actual value of the property. If the property suffers losses, the insured must bear part of the losses himself.

(3) Overinsurance:

Insurance in which the insured amount is greater than the actual value of the property is called excess insurance. Overinsurance has three reasons:

(1) Because the insured wants to get more compensation than the actual loss after the insured accident, that is, because of the malice of the insured;

(2) Because the insured doesn't understand the market situation, it overestimates the value of the property, which is caused by the goodwill of the insured;

(3) Due to changes in objective conditions, such as fluctuations in market prices. For excess insurance, as mentioned above, the part exceeding the insured value is invalid.

Because the insurance amount is different, the compensation can be different, so it is very important to accurately estimate the value of housing property and reasonably determine the insurance amount. The insured amount of family property is generally determined by the insured according to the actual value. When the house suffers all losses due to disasters and accidents within the scope of insurance liability, it shall be paid according to the insured amount; If the insured amount is greater than the actual loss, it shall be paid according to the actual loss amount.

If the insured house suffers some losses, the insurance company will calculate the compensation according to the market price and loss degree of the housing components; Losses below 50 yuan can be deductible. After part of the loss of the insured house is paid, the insurance policy will continue to be valid. The effective amount is the balance of the original insurance amount minus the compensation amount.

Compensation processing:

The so-called treatment of home insurance claims is actually the claim of the insured and the claim of the insurer.

I. Claims of the Insured:

When the subject matter insured is lost or damaged within the insurance period, the insured may claim compensation from the insurer according to the provisions of the insurance policy, which is called the insured's claim. The purpose of the insured to buy insurance is to get some compensation after the loss, so claiming compensation is the main right of the insured.

The procedure for the insured to claim compensation is:

(1) issue a danger notice. When a loss occurs, the insured shall promptly notify the insurer of the time, place, cause and other relevant information of the accident in the fastest way, so as to facilitate the insurer's investigation. That is, the insured has the obligation to notify.

(2) The insured shall try his best to avoid further losses. The Insurance Law stipulates that the insured shall actively rescue the insured property in case of an insured accident, so as to minimize the loss. That is, the insured has the obligation to rescue.

(3) Waiting for inspection. The insured shall keep the loss site intact for inspection by the insurer. Whether the loss site is complete or not will affect the adjustment of the loss amount and the confirmation of the insurer's liability.

(4) Provide necessary claim documents. Different types of insurance require different claim documents. Claims documents generally include: insurance policies and original documents. Such as enterprise account books, housing property certificates, etc. Insurance accident report, accident certificate and loss identification certificate.

(5) get compensation. Once the insurance compensation is confirmed by both parties, the insured can receive the compensation. However, when the compensation involves the liability of a third party, the insured shall also issue a letter of transfer of rights and interests, transfer the right to recover the liability from the third party to the insurer, and have the obligation to assist the insurer to recover the liability from the third party.

The insurance contract also has certain provisions on the limit of insurance claims. The insured in family insurance should exercise the right of claim within the prescribed time limit. Failure to claim compensation from the insurance company or provide relevant supporting documents within 3 months from the date of the accident, or failure to receive due compensation within 1 year from the date of the written notice from the insurance company, shall be deemed as automatic waiver of rights and interests.

Second, the insurer's claim:

Claim settlement refers to the procedures and work of the insurer in handling the insurance compensation liability. In order to protect their own interests, insurers usually seriously deal with the insured's claims, conduct in-depth and detailed investigations, confirm whether the losses are really caused by the insured risks, and make due compensation only after finding out the degree of losses.

The basic procedure of claim settlement is:

(1) Number of applicants and field survey.

(2) Review policies. Usually, the following aspects should be reviewed: whether the accident caused damage within the insurance scope; Whether the insurance accident occurred within the validity period of the policy; Whether the damaged property is insurance property; Whether the insured has an insurable interest in the insured property at the time of loss, etc.

(3) compensation for losses. That is to determine the actual loss of the subject matter insured and accurately calculate the amount of compensation.

(4) Pay compensation. Once the amount of insurance compensation is confirmed by both parties to the insurance contract, the insurance company shall pay the compensation and close the case within the agreed time.

(5) the acquisition of subrogation. When the loss of the insured property within the scope of insurance liability occurs and the third party is responsible for compensation, the insurer may make compensation in advance according to the relevant provisions of the insurance contract, but the insured must transfer the rights recovered from the third party to the insurer and assist the insurer to recover from the third party.

Meaning:

Family insurance can promote the development of production and stabilize people's lives by making economic compensation for the losses caused by natural disasters and accidents. Family insurance has the following main meanings:

First, it is conducive to stabilizing people's lives.

Housing is the most basic means of consumption for people, with long use time and great value. When the insured's house suffers losses due to natural disasters and accidents, the insurance company can provide compensation in time, which can help the insured rebuild their homes and stabilize the life of the insured, thus providing protection for their daily production and life.

Second, it is conducive to promoting the reform of the housing system

Home insurance brings a sense of security to buyers and promotes the increase of the proportion of individual buyers. In the past, due to public ownership of housing, home insurance was almost blank. In order to meet the requirements of the housing system reform, insurance companies have introduced new types of insurance to the society, such as self-purchased public housing insurance, commercial comprehensive insurance and housing liability insurance, which have relieved the worries of the majority of buyers and greatly promoted the housing system reform.

Third, it is conducive to safeguarding the interests of real estate operators.

Real estate operators maintain their established profits by spending a small amount of insurance premiums, and transfer the losses of houses caused by specific dangers in the course of operation and the resulting losses of responsibilities and interests to insurance companies.

Fourth, it is conducive to enhancing the credit degree of the insured.

Housing insurance can guarantee the safe return of housing mortgage loan, so it has the functions of improving credit and promoting financial intermediary. For example, if a house is used as collateral to apply for a bank loan, the bank will often require the applicant to insure his house to increase the guarantee value, so home insurance will help improve the credit of the owner of the house.

Five, disaster prevention and loss prevention, reduce disaster losses

Insurance companies must proceed from the business operation and their own economic interests, care about the safety of the subject matter insured, actively carry out disaster prevention and loss prevention work, and reduce the payout ratio. Insurance companies also use their own experience and professional knowledge to guide the risk management of real estate operators, provide disaster prevention suggestions for the insured, conduct safety inspections, make suggestions, and urge the insured to take measures to eliminate hidden dangers.

At the same time, insurance companies also draw a certain proportion of disaster prevention funds from insurance premiums to fund relevant departments to increase disaster prevention facilities and carry out disaster research. For example, PICC Shanghai Branch presented a high-rise ladder imported from Germany to the municipal public security fire department in April 1988 for high-rise building fire protection.

Baidu encyclopedia-family insurance