Water Damage Cover in Community Insurance

Water Damage Cover in Community Insurance

Sep 4, 2023 | Communities

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

Aug 18, 2023 | Communities

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...
Aesthetic Damage Cover in Community Insurance

Aesthetic Damage Cover in Community Insurance

Jun 14, 2023 | Communities

Aesthetic damage within the context of community insurance is a very common concern for property owners. This type of damage can arise from different situations, such as flooding, fire, theft with vandalism and other incidents. When a claim occurs, it is important to...
Weather Events in Community Insurance

Weather Events in Community Insurance

May 16, 2023 | Communities

Having homeowners’ association insurance is highly advisable so that the insurer can deal with different types of claims and so the community does not take on an incalculable financial risk. Even so, having good insurance does not guarantee complete peace of mind in...
Does Community Insurance Cover Damp and Water Damage?

Does Community Insurance Cover Damp and Water Damage?

Nov 21, 2022 | Communities

We are very often asked whether damp is covered by community insurance. If we want to give a quick and direct answer, we must say that in some cases it is, and in others it is not. What will determine whether community insurance covers damp? On the one hand, it will...
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