1, Jiabao
Belonging to the category of family property insurance, it mainly covers housing losses caused by natural disasters and accidents such as fire, explosion and lightning strike. Home insurance is generally insured by the owner or household at a rate of 0. 1-0.2%. In case of loss, the insurance company will calculate compensation according to the actual value of the house, but it will not exceed the insured amount.
2. Real estate property insurance
Belonging to a kind of property insurance, the insured can be a group, a legal person, a natural person, etc. Residents are mainly concerned about commercial housing insurance and self-purchased public housing insurance.
Commercial housing insurance is a kind of insurance for people who buy commercial housing, so that they can get economic compensation in time when they encounter unexpected losses in the purchased house.
Self-purchased public housing insurance is an insurance for residents to purchase the original rented public housing due to housing reform. The responsibilities of the two types of insurance are the same, that is, the damage to the insured property caused by natural disasters and the loss of the insured property caused by necessary measures such as rescue and protection to prevent the spread of disasters. The insured property can only be property such as houses and their ancillary equipment, interior decoration materials, etc. The insurance period is generally one year and can be renewed. The insurance premium shall be agreed by both parties according to regulations.
3. Real estate liability insurance
This paper mainly emphasizes the liability insurance of the owner, lessor and lessee of the house, which is generally called real estate public liability insurance. Mainly covers the liability for compensation arising from the use of the house.
4. Real estate life insurance
Real estate personal insurance mainly refers to the insurance that the insured suffers death or lifelong disability due to accidental injury caused by the house, and the insurer pays the insurance amount.
5. Personal housing mortgage insurance
Personal housing mortgage insurance is not much different from the aforementioned family property insurance in terms of insurance content, mainly through mortgage clauses to stipulate the rights and obligations of the mortgagor during the insurance period. The insurance period of "individual housing mortgage insurance" is consistent with the loan period, requiring the mortgagor to pay the insurance premium in one lump sum. However, whether to buy personal housing mortgage insurance will depend entirely on the principle of voluntary consumers.
Two, in the principle of completely voluntary personal housing mortgage loans need to pay attention to the following points:
(1) The actual commitment period is shorter than the contract.
The loan insurance contract generally stipulates that the insurance period is the same as the loan period, and the insurance liability starts from the date of delivery of the house agreed in the purchase contract to the date of repayment of the loan principal and interest. At present, the vast majority of houses purchased by Chizhou loan are forward houses, and there is a time difference between the loan issuance date and the actual delivery date, which generally leads to the phenomenon that the loan is first delivered and then delivered. The insurance premium shall be collected from the date when the loan starts. As the contract stipulates that the insurance liability shall be assumed from the delivery date of the house agreed in the purchase contract, it is impossible to assume the insurance liability without delivering the house.
Therefore, the insurance liability period of an insurance company is obviously shorter than the loan period. During the blank period from the loan issuance date to the delivery date, the insurance company will not assume any insurance liability.
(2) Collect all insurance premiums at one time.
Although some insurance companies stipulate in the contract that the insurance premium is "paid every year", in practice, it is often collected once every few decades. This is essentially taking up the interest income of property buyers for decades without compensation and increasing the economic burden of property buyers. The usual explanation of insurance companies for one-time premium collection is that under the existing technical conditions, if premiums are collected year by year, insurance companies will not only invest a lot of manpower and material resources, but also bear the risk that buyers will not pay renewal premiums. However, this explanation is obviously unconvincing.
For many life insurance products, the insurance period is as long as several decades, but the premium is charged annually, quarterly or even monthly. It can be seen that technology is not a problem at all. The key to the problem is that insurance companies are unwilling to give up one-time interest. To take a step back, even if the property buyers can't pay the insurance premium on time, the insurance company can completely terminate the insurance contract in accordance with the relevant provisions of the Insurance Law, and it is naturally impossible to take risks without assuming the insurance liability. Therefore, consumers can argue with the insurance company whether to pay the love premium in one lump sum.
Third, the insurance premium calculation method
1, existing home insurance premium calculation method.
Total insurance premium = insurance amount × annual insurance rate × payment coefficient
Among them, the insured amount is the total purchase price; The basic insurance premium rate is 0.8 ‰; The rate of earthquake additional insurance is 0.2 ‰; The contribution coefficient is determined according to different loan years, which is actually a discount coefficient.
2. Calculation method of forward delivery insurance premium
The premium of the auction house is generally collected from the check-in date to the end date of the loan. Since the insurance premium is paid in advance when the loan is issued, the interest generated during this period will be deducted before the insurance takes effect (the one-year fixed deposit interest rate is calculated for faster houses over one year, and the deposit interest rate is calculated for faster houses under one year), that is to say, the purchaser will not suffer any interest loss because of paying the insurance premium in advance on the loan issuance date.
Further reading: How to buy insurance, which is good, and teach you how to avoid these "pits" of insurance.