What happens if I don't purchase compulsory earthquake insurance? What are the risks not covered?
Compulsory earthquake insurance is required at land registry offices and in many other official transactions as of 29.11.2000. Without this policy, no transactions regarding your property will be conducted.
All kinds of movable household goods, belongings and the like
Wreck removal expenses, profit loss, business interruption, deprivation of rent, expenses regarding alternative residence and business premises, financial liabilities and other indirect or direct losses that may be claimed.
All bodily damages including death.
Claims for moral damages.
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