Abstract:
The real estate represents goods vital for human society with a very high price, which further increases their value. The owners tend to protect their real estate from various risks, which may affect their production processes, and so, they appeal to the specialized institutions which provide services called insurance. The insurance of real estate becomes a more widespread practice, the property is being insured against damage caused by nature, technical accidents, illegal actions of third parties, as well as other risks. This service allows owners to operate more freely in the market, thus favoring the production and increasing the level of development of the national economy.