Fire Cover in Community Insurance: What Does It Include?

Fire Cover in Community Insurance: What Does It Include?

The security of a homeowners’ association is essential to preserve residents’ peace of mind. One of the essential covers in community insurance policies is fire cover, a crucial safeguard against one of the most devastating risks that can affect a residential...
Water Damage Cover in Community Insurance

Water Damage Cover in Community Insurance

In the context of homeowners’ association insurance, claims involving water damage are clearly especially complex. This complexity often increases in older buildings. Sometimes these incidents are easy to manage and resolve, but in other cases claims become...
The Building Element in Homeowners’ Association Insurance

The Building Element in Homeowners’ Association Insurance

Some time ago we discussed what the building element in a home insurance policy means, but today we want to explain what the building element means in community insurance policies. At our Madrid insurance brokerage, this type of policy, community insurance, is one of...
What Are Particular Conditions in an Insurance Policy?

What Are Particular Conditions in an Insurance Policy?

Particular conditions in insurance are the conditions that individualise the contract. In other words, they reflect the client’s specific details and apply only to that client, unlike the general conditions, which apply to all contracts of the same type. Content of...
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