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Insurance guides for the Greek market

Practical answers to the questions that decide your cover: ENFIA discount, coverage gaps, earthquake cost, renewals and managing your policies — without the insurance Latin.

Updated 6 min read

How do you get the ENFIA tax discount with home insurance?

Home insurance may reduce your ENFIA property tax if it meets AADE’s conditions. You need earthquake, fire and flood cover for the required period and amount. Your insurer sends the details to AADE. You check the application and link the policy to your home.

All guides

  1. What are coverage gaps and how do you find them?

    Updated 7 min read

    A coverage gap may exist when a need is not covered or the insured amount is insufficient. Assessing it requires the terms and your actual circumstances. With Family, PolicyWallet flags specific document findings for review; it does not certify complete protection.

  2. What should you check before renewing an insurance policy?

    Updated 5 min read

    Before every policy renewal, check seven things: what changed in your life, whether insured sums match today's values, the deductible level, the exclusions, the premium increase, at least one alternative quote, and continuity of coverage with no gap days. Start 30 days before expiry.

  3. What does car insurance cover?

    Updated 6 min read

    Third-party liability covers damage your vehicle causes to others. Since 1 June 2025, vehicle insurance against forest fire and flood is also required, subject to statutory exceptions. Comprehensive insurance adds cover for damage to your own vehicle, but has conditions and exclusions.

  4. Health insurance deductibles: how do they work?

    Updated 6 min read

    The deductible is your share of covered expenses. It may apply per year or per event. Some programmes count payments from EOPYY or other insurance towards it. Check the terms; this does not mean every hospital stay will be free.

  5. How much does earthquake insurance cost?

    Updated 6 min read

    The price of earthquake insurance depends on the building, location, sum insured and terms. There is no single price per square metre for every home. Request a quote showing cover, exclusions and the share of a claim you pay.

  6. Pet insurance: what is excluded?

    Updated 5 min read

    Before choosing pet insurance, check pre-existing conditions, waiting periods, age and breed. Also check preventive examinations and vaccinations. Terms vary by programme.

  7. Uninsured vehicle fines in Greece: amounts and process

    Updated 6 min read

    Uninsured vehicles are detected through electronic cross-checks run by the General Secretariat of Information Systems and Digital Governance, and by traffic police stops. A cross-check triggers a fine set by vehicle class — €250 for two-wheelers, €500 for passenger cars and €1,000 for public-use buses and lorries — while a roadside stop adds a fine and confiscation of the plates and registration. In an accident, the Auxiliary Fund compensates the third party and then recovers the full amount from the owner.

  8. Where can you manage all your insurance policies online?

    Updated 8 min read

    You can use your insurer's app, your adviser's tools or document storage. Features vary by service. PolicyWallet brings together policies from different insurers and explains their contents; it does not accept premium payments or track claim progress.

  9. Digital wallets and insurance premium payments: how it works

    Updated 7 min read

    In insurance, “digital wallet” means two entirely different things. A payment wallet holds cards and moves money, so it can settle a premium wherever the insurer accepts that method. A policy wallet holds your contracts and your cover: it shows you what you pay and when cover ends, without moving any money at all.

  10. Apps for policies, coverage and claims: what each one does

    Updated 6 min read

    Document organisation, cover explanations and claim tracking are different functions. Check what each app offers. PolicyWallet organises and explains your documents. For claim progress, contact your insurer or adviser.

  11. The average clause: what happens when you are underinsured?

    Updated 7 min read

    Underinsurance exists when the sum insured is below the value that needs to be insured. If an average clause applies, the insurer may pay a smaller share of the loss. Check how your policy defines value and whether the rule is waived.

  12. Short-term letting and home insurance: what do the terms say?

    Updated 7 min read

    Since 1 October 2025, properties offered for short-term rental require liability insurance for damage or accidents under Law 5170/2025. Separately, inform the insurer about the property's use and check whether the home policy covers it.

  13. How is ELGA compensation calculated?

    Updated 7 min read

    ELGA insurance covers specific causes of damage to the current year’s crop. It does not generally cover the trees or plants themselves; the Regulation makes an exception for asparagus. The payment may be less than your loss. It follows official rules and values, rather than just your own costs. Below, we explain the steps with an example.

Did not find what you were looking for? See what your own policy says. Needs check in 6 steps

What do you want to understand about your insurance?

What is the sum insured?

It is the amount up to which the insurer may pay for a cover. It is not the price of your insurance. The final payout also depends on the terms: what is excluded and which part of the loss you pay yourself.

Sum insured, limits and claims

Home insurance and ENFIA: what do I check?

Having a home policy alone is not enough. Check earthquake, fire and flood cover, the sum insured and the insured period. The reduction depends on AADE’s conditions and application process for the relevant year.

Guide to the ENFIA reduction

Card and personal belongings insurance: what is covered?

A bank package’s name does not establish its cover. In that programme’s terms, look for the listed belongings, whether theft or loss is covered, the limit per item and the documents needed for a claim. Ask your insurance advisor to clarify anything unclear.

How to read exclusions

What should I check before policy renewal?

Compare the old policy with the new terms: dates, premium, cover, deductibles and exclusions. An expiry reminder helps you organise the review; it does not renew the policy or confirm that cover continues.

Policy renewal checklist

Where can I manage all my insurance policies in one place?

PolicyWallet brings together your policies from different insurers. You start with your own documents, without switching insurer. Storage limits, reminders and analysis features depend on your plan.

Organising policies in one place

Free for 3 policies. Upgrade whenever you need it.

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