Buildings and property insurance includes the following elements:

Buildings and their utilities:

• Main Buildings: These can be residential, commercial or industrial buildings that provide protection from external factors and serve as the primary place of business.
• Utilities: Include all the built-in systems and networks that keep the building functioning. These include:
• Electrical Systems: Electrical wiring, electrical panels, lighting installations, and the like.
• Water Supply and Sewerage Systems: Piping, water pumps, sewerage systems and drainage structures.
• Heating, Ventilation and Air Conditioning (HVAC): Heating systems, air conditioners, air ducts and climate control units.

Landscape Structures:

• Landscaping and landscaping: Includes lawns, flower beds, trees and shrubs, and elements that provide aesthetic and functional value to the area.
• Garden and Park Elements: Such as benches, paths, decorative fountains, ponds, and other landscape features.
• Fencing and Fences: Barriers, walls, and fences that provide protection and privacy to the site.

Engineering Structures:

• Foundation Works: The basic structures on which buildings and structures are based, including foundations and underground structures.
• Building elements: Such as bridges, tunnels, pipes that may be part of the infrastructure of a building or site.

Movable Property:

• Equipment and tools: Mechanisms, machinery and tools that are used to perform various tasks such as manufacturing equipment, office equipment, repair and maintenance tools.
• Furniture and Appliances: Includes tables, chairs, cabinets, appliances, and other items located inside buildings or on the grounds.

What affects the cost of a policy:

The replacement cost or replacement value of the property:

• Replacement Cost: An estimate of the cost to replace the property with a new one of the same or equivalent value.
• Restoration Value: An estimate of the cost to restore the property to its original condition after damage or loss.

Year built or manufactured:

• The year of construction (for buildings): Older buildings may have higher risks due to wear and tear and outdated building codes.
• Year of manufacture (for equipment): Older equipment may require more maintenance and repair costs.

Building Materials:

• Materials of construction: The type of materials used in construction (concrete, brick, wood, etc.) affects the strength and resistance of the building to various risks.

Structural Materials:

• Materials used in structural elements: Include major building elements such as foundations, walls and roofs that affect the overall strength and resilience of the property.

Technical condition of the property:

• Condition: The general condition and level of deterioration of the property, including the need for repairs and upgrades.

Type of Use:

• Purpose and Use: The way the property is used (residential, commercial, manufacturing, etc.) can determine the level of risk and the corresponding policy price.