🏡 Real Estate Insurance

Whether it’s an apartment in the city, a garden home, a residential house, or a building under construction—real estate is a valuable asset that must be protected against unexpected losses. Real estate insurance helps protect against natural disasters, fire, water damage, the actions of third parties, and other risks.

📋 How does real estate insurance work?

When insuring a home, the following are most commonly provided:

• Personal identification number,

• The property address, automatically verified through the Center of Registers,

• You can choose whether the residence is a primary residence or not.

Insurance packages are most commonly categorized as follows:

• The basics—fire, water, natural disasters.

• Standard coverage – additional coverage: third-party liability, vehicle collisions.

• Maximum (all-risk) – covers any unexpected damage (except for excluded risks).

For example, ERGO Insurance offers 2 options, while other insurers often offer 3.

🏘️ Types of property insurance by subject matter:

• Apartment Insurance – For Residents of City Apartment Buildings.

• Cottage insurance—a middle ground between apartment and house insurance.

• Home Insurance – Comprehensive Coverage for People Living on Their Own.

• Garden House / Country Home Insurance – for seasonal or infrequently used properties.

• Vacation home insurance—often used for recreational properties.

• Real estate for other purposes (garages, storage units) may also be insured together or separately.

• Unfinished Construction Insurance – when a bank requires coverage for mortgaged unfinished property. Covers damage caused by fire, water, and natural disasters.

🛋️ Homeowners Insurance

Property Insurance covers everything inside the home: furniture, home appliances, electronics, clothing, valuables, and even smart devices.

The insured amount may be calculated as follows:

• Based on living space,

• Or a specific value as indicated.

Available optional safety accessories:

• Internal Breakdown Coverage – when an item breaks down without any external cause,

• Smart Device Security – for mobile and portable devices.

👉 Property Insurance

⚖️ Civil Liability Insurance (CA)

This insurance protects you against damage you may accidentally cause to others—for example, by flooding a neighbor’s home or breaking common-area property. Civil liability is often included as part of building insurance, but it can also be purchased separately.

To calculate the cost of liability insurance, you need the same information as for home insurance.

For example, some insurance companies, such as “Lietuvos draudimas,” offer this coverage free of charge along with building insurance.

👉 Homeowners Liability Insurance

✅ Why Choose Draudykle.lt?

• We compare the terms and prices of different insurance companies in one place,

• You can choose based on property type, type of occupancy, and value,

• Simple ordering, fast service, and a best-price guarantee.

👉 Get the best real estate insurance quote