Home insurance

We will compensate for damage to your home caused by storm, flood, hail, heavy rain, heavy snow and earthquake, if precipitation penetrates the insured property or if a tree, including a branch, pole, post or other similar structure, falls on your home.

We will compensate you if the fire was caused by the careless handling of fire, by damaged electrical wiring, or by a chimney that has been incorrectly set up or used, a lightning strike or explosion.

We will compensate you for liquid and steam leaks from indoor and outdoor utility lines, even if the damage is due to age and corrosion. If you are a flat owner and your home was flooded by an upper flat, we will also pay for this damage.

We will compensate you for damage to your home caused by the actions or inactions of the insured, the policyholder, a related party or a third party. The exception is a malicious act.

We will compensate you for damage to your home caused by burglary, robbery or malicious damage. 

We will compensate you if a land vehicle driven by the insured, the insured person or a third party causes damage to your home. 

We will compensate you for damage to or destruction of the home caused by a power supply outage, such as a power failure, voltage deviation, sudden voltage drop or overvoltage.

We will compensate for losses caused to a home as a result of political conflicts, including due to military unmanned aerial vehicles, warfare, acts of terrorism, sabotage, mass disorder, uprisings or a coup d'état.

N.B. Political conflict risk does not cover losses if they occur as a result of a war breaking out between two or more global superpowers: the United States of America, the United Kingdom, France, the Russian Federation and China.

We will compensate you for damaged or stolen furniture, electronics, clothing and other valuables up to the amount you choose. Property that is regularly used or moved outside the home, such as laptops, cameras, bicycles, scooters, pushchairs and personal items that can be stolen or damaged anywhere in the world, will also be covered.

Provides the opportunity to request advice and assistance from a locksmith, plumber, carpenter and security guard in situations that are sudden and unforeseeable to prevent further damage to your home. This service can be used three times during the insurance year.

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It will protect you against unexpected costs that may arise from ground-mounted solar panels if the battery panels, structures and inverters need to be repaired or replaced after an insured event due to damage.

Protect yourself from financial losses that you, your family or pets may inadvertently cause to someone else. Coverage may include your liability as a pedestrian, cyclist, pet owner or property owner.

Financial support for injuries, dislocations, burns, frostbite, diagnosed critical or dangerous illnesses, according to the coverage and conditions chosen. The insurance can be taken out for yourself and your family and will apply worldwide.

Provides financial and practical support during your trip, for example, in the case of cancellation or interruption, damage, delay or loss of luggage, medical emergency, according to the coverage and conditions chosen. The insurance can be taken out for yourself and your family for one year. Optionally, it will cover Europe or the whole world.

Provides financial support for veterinary medical expenses, the theft and/or death of your pet, according to the coverage and conditions chosen. We can insure both mongrel and pedigree dogs and cats from 6 months to 10 years of age. When paying a claim for the theft or death of a pet, we will not look at the market price of an equivalent animal and will pay the fixed compensation agreed at the time of taking out the policy.

Yes, when you insure your house, you can also insure your shed, sauna, or other buildings.

Property insurance can be bought for buildings, outbuildings, and apartments, provided that the physical wear of these does not exceed 70% and the property or its parts are not in a state of technical failure.

Yes, you can insure your summer house or garden house if you have also purchased an insurance policy for your property (apartment or house) with BALTA.

Yes, property can be insured during renovation and construction. If the renovation of your home requires a building permit, or if the property is under construction, it is essential to inform the BALTA insurance specialist of this before purchasing an insurance policy.

No, break-in and fire alarms are not a requirement for insuring your home with BALTA.

Yes, you can buy separate insurance for your property, or for your general third-party civil liability.

If you insure all of the movable property in your home, all the items in the insured home will be covered. A separate list is required if you want to insure jewellery, paintings, furs, antiques, collections, and registered weapons.

What are the advantages of BALTA political conflict risk coverage?

BALTA political conflict risk coverage provides broader protection for your home than solutions intended only for peacetime or for separate military incidents. It applies not only to damage caused by military unmanned aerial vehicles, but also to losses resulting from war, civil war, acts of terrorism, sabotage, riots, rebellion or a coup d'état.

In addition, BALTA offers high compensation limits – up to EUR 200,000 for apartments and up to EUR 500,000 for private houses. At present, this is the only solution for private homes in Latvia that provides compensation for losses in the amount of 100% within the specified compensation limits.

Will political conflict risk cover damage caused by Russian and Ukrainian drones?

Yes, political conflict risk will cover losses that occur in the course of warfare between Russia and Ukraine, including cases where drones launched by these countries enter Latvian territory and cause damage. 

What type of political conflict is considered war?

War is the use of physical force between two sovereign states to achieve any objective, an armed conflict between sovereign states, or declared or undeclared warfare between sovereign states.

Will political conflict risk cover losses in the event of war between any states?

No, political conflict risk does not cover losses if two or more military superpowers are directly involved on opposing sides in the war: the United States of America, the United Kingdom, France, the Russian Federation and China.

In which cases can it be considered that damage to a home was caused by war?

War is considered to be cases where an armed conflict takes place between two states, regardless of whether the states have declared warfare or not. Political conflict risk will compensate for losses if the customer's home has suffered as a result of such an armed conflict, for example, if damage was caused by a drone launched by a warring state. 

What are the compensation limits for political conflict risk coverage?

The maximum compensation limits range up to EUR 200,000 for apartments and up to EUR 500,000 for private houses. 

What are the exceptions for political conflict risk?

Insurance does not cover losses arising from: 

• nuclear weapons, radiation or radioactive contamination during both wartime and peacetime;
• confiscation, nationalisation or expropriation of property due to a government decision;
• war, if it is between at least two of the following countries: the United States of America, the United Kingdom, France, the Russian Federation and China;
• business interruption, loss of income and other indirect losses;
• the effects of chemical, biological or electromagnetic weapons;
• data loss, IT system disruptions or cyber-attacks;
• fines, sanctions or breaches of contractual obligations.

 How will BALTA determine whether a political conflict risk has occurred and the customer is entitled to compensation?

To verify that the event is related to war or another event corresponding to political conflict risk, BALTA will take into account the information provided by competent state authorities.