If you're living in Cyprus and considering home insurance, it's only natural to ask: How much does home insurance cost? The answer depends on several factors but with the new miplace express plans from Minerva Insurance, you can now get a clear and personalized quote online in just minutes.

In this article, we’ll cover:

What affects the cost of home insurance

Coverage options available by package

Example pricing

How to get your personal quote in under 3 minutes

What Affects the Cost of Home Insurance?

The final insurance premium is determined by several factors:

🔹 Property Value

The higher the value, the greater the coverage required.

🔹 Type of Property & Usage

Is it a house or an apartment? Owner-occupied or rented?

🔹 Location

The area you live in affects the risk level (e.g. earthquakes, floods, etc.).

🔹 Selected Coverage Package

miplace express plans are tailored to your specific needs.

🔹 Excess (Deductible) Amount

A higher deductible usually results in a lower premium.

Coverage Options: From Basic to Full Protection

Minerva Insurance offers three levels of coverage:

Classic express, Advanced express, and Elite express.

Classic express covers essential risks such as fire, lightning, and explosion.

Advanced express adds protection against water leaks, liability, and theft.

Elite express provides the most comprehensive coverage, including earthquake and flood protection, higher limits, and expanded benefits.

Example Home Insurance Prices

Property Value Starting Price Package

€200,000 from €142 / year Classic express

€250,000 from €362 / year Elite express (full coverage)

€300,000 from €207 / year Classic express

These prices are indicative and depend on your personal details and the coverage level you select.

Click here to see how much it would cost for your own home.

Get Your Personalized Quote in Under 3 Minutes

Getting a quote is quick and simple and done entirely online.

Visit www.minervacy.com, choose the miplace express plan under the “Home Insurance” section, and fill out a short form with some basic details.

You’ll instantly receive your personalized quote, no calls, no waiting, and no commitment.

Why Choose Minerva Insurance?

With over 50 years of experience in the Cypriot market, Minerva Insurance offers solutions that combine trust, transparency, and expertise.

The miplace express plans are designed to deliver fast protection with flexible pricing that reflects each customer’s real needs. If you want to know exactly how much it costs to insure your home, the answer is just one click away.