Question 1

Is home insurance mandatory?

Accepted Answer

Not legally, but required by banks for mortgage loans. Annual cost ranges from 150 to 400 EUR depending on the area and coverage.

Question 2

What does a Georgian multi-risk insurance policy cover?

Accepted Answer

Fire, water damage, theft, earthquake (often included as standard option), owner's civil liability. Premium extensions cover loss of rent and vandalism.

Question 3

Are earthquakes covered?

Accepted Answer

Yes, earthquake coverage is included as standard with Aliko and TBC Insurance, with a deductible of 1% to 2% of the insured value.

Question 4

Which is the best insurer for a foreigner?

Accepted Answer

Aliko (TBC group) offers the best English-speaking coverage, with claims processed in an average of 15 days. Ardi and GPI Holding are also recommended.

Question 5

Should a vacant property be insured?

Accepted Answer

Yes, fire and water damage risks exist even when vacant. A vacancy contract provides reduced coverage for 100 to 200 EUR/year.

Question 6

Does unpaid rent insurance exist?

Accepted Answer

Not widely developed, it is offered by some rental managers like RUSTAVELI PROPERTIES for 2% to 3% of the annual rent.

Question 7

Is health insurance mandatory for a residence permit?

Accepted Answer

Yes, an annual health insurance certificate (minimum 250,000 GEL coverage) is required for the renewal of the residence permit.

Question 8

How much does local health insurance cost?

Accepted Answer

200 to 800 EUR/year depending on age and coverage. Aliko and TBC Insurance cover hospitalization, consultations, and pharmacy.

Question 9

Can I keep my French insurance?

Accepted Answer

Yes, but it generally does not cover care in Georgia unless an international option is chosen (April, ACS, MSH). A supplementary local policy is often more economical.

Question 10

Is the CFE useful for a Georgian resident?

Accepted Answer

The Caisse des Français de l'Étranger (CFE) allows individuals to maintain their rights in France. Annual contributions range from 800 to 1,500 EUR, to be compared with international private insurance.

Question 11

Where can I get home insurance in Tbilissi?

Accepted Answer

In Tbilissi, Aliko, TBC Insurance, and Ardi have physical agencies and online portals. A multi-risk contract can be set up in 15 minutes with a passport and an extract from the Public Registry.

Question 12

Where can I get home insurance in Batumi?

Accepted Answer

In Batumi, Aliko, TBC Insurance, and Ardi have physical agencies and online portals. A multi-risk contract can be set up in 15 minutes with a passport and an extract from the Public Registry.

Question 13

Where can I get home insurance in Gonio?

Accepted Answer

In Gonio, Aliko, TBC Insurance, and Ardi have physical agencies and online portals. A multi-risk contract can be set up in 15 minutes with a passport and an extract from the Public Registry.

Question 14

Where can I get home insurance in Gudauri?

Accepted Answer

In Gudauri, Aliko, TBC Insurance, and Ardi have physical agencies and online portals. A multi-risk contract can be set up in 15 minutes with a passport and an extract from the Public Registry.

Question 15

Where can I get home insurance in Koutaïssi?

Accepted Answer

In Koutaïssi, Aliko, TBC Insurance, and Ardi have physical agencies and online portals. A multi-risk contract can be set up in 15 minutes with a passport and an extract from the Public Registry.

Question 16

Where can I get home insurance in Kobuleti?

Accepted Answer

In Kobuleti, Aliko, TBC Insurance, and Ardi have physical agencies and online portals. A multi-risk contract can be set up in 15 minutes with a passport and an extract from the Public Registry.

Question 17

How much does studio apartment insurance cost?

Accepted Answer

A studio apartment is typically insured for 100 to 350 EUR/year depending on the area, insured value, and extensions. Earthquake is generally included as standard.

Question 18

How much does 1-bedroom apartment insurance cost?

Accepted Answer

A 1-bedroom apartment is typically insured for 100 to 350 EUR/year depending on the area, insured value, and extensions. Earthquake is generally included as standard.

Question 19

How much does it cost to insure a 2-bedroom apartment?

Accepted Answer

A 2-bedroom apartment typically costs between 100 and 350 EUR/year to insure, depending on the area, the insured value, and additional coverage. Earthquake coverage is generally included as standard.

Question 20

How much does it cost to insure a 3-bedroom apartment?

Accepted Answer

A 3-bedroom apartment typically costs between 100 and 350 EUR/year to insure, depending on the area, the insured value, and additional coverage. Earthquake coverage is generally included as standard.

Question 21

How much does it cost to insure a penthouse?

Accepted Answer

A penthouse typically costs between 100 and 350 EUR/year to insure, depending on the area, the insured value, and additional coverage. Earthquake coverage is generally included as standard.

Question 22

How much does it cost to insure a duplex?

Accepted Answer

A duplex typically costs between 100 and 350 EUR/year to insure, depending on the area, the insured value, and additional coverage. Earthquake coverage is generally included as standard.

Question 23

Can I cancel annually?

Accepted Answer