Table of Contents
Protecting Your Home
Not legally required but strongly recommended. Seismic zone (regular earthquakes), water damage, summer wildfires. €200-500/year protects against €10-100K+ damage. Renters: optional.
Coverage and Prices
Building (owners): €150-400/year. Contents: €50-150. Liability: often included. 2-bed contents: €80-120/year. Villa building+contents: €300-500. IMPORTANT: earthquake coverage not always automatic – explicitly request! Small premium increase, essential.
This was exactly our experience: €200-500/year protects against €10-100K+ damage. Renters: optional. Coverage and Prices Building (owners): €150-400/year.
– Property buyer from Hanover, in Larnaca since 2022
Providers and Tips
General, Trust, GAN Direct, CNP. International: Allianz, AXA. Compare: insurancemarket.com.cy. Photos of valuables (store in cloud). Review annually. CMC connects with English-speaking brokers.
Home Insurance in Cyprus
Topics: Protecting Your Home, Coverage and Prices, Providers and Tips
CMC Practical Tip
Protecting Your Home Not legally required but strongly recommended.
Frequently Asked Questions
Owners: strongly recommended. Renters: optional. Mortgage: bank requires it.
2-bed contents: €80-120/year. Villa: €300-500. Earthquake: +10-20%. Compare: insurancemarket.com.cy.
Not always automatic – explicitly request! Seismic zone. Small premium, essential.
CMC connects with brokers comparing General, Trust, GAN Direct, Allianz. Always include earthquake.
How CMC Supports You
At CMC Certus Management Consultants, we are here for you – not only for tax and legal questions, but also for all practical topics of everyday life in Cyprus. Our team in Larnaca and Pafos knows the local conditions first-hand.
As your local contact, we handle: company formation and management, tax advisory and Non-Dom applications, ongoing bookkeeping and tax returns, support with authorities, and referrals to estate agents, lawyers, doctors and tradespeople.