Rashad Ahmedov: even if a house is damaged several times a year, payment to be made only once


June 24, Fineko/abc.az. In case a car gets in several traffic accidents during the year, insurance companies pay all compensations. But this takes place only with car insurance.

The relevant statement was made at today’s insurance event for the media by executive director of the Compulsory Insurers Bureau Rashad Ahmedov.

According to Ahmedov, there is no such thing in property insurance and other types of insurance.

"For example, during a natural disaster a house has been in disrepair for several times in different time, but the payment is not made each time. Payment is made only once. In other cases, the homeowner should eliminate the consequences at his own expense," Ahmedov emphasized.