Protegemos tu comunidad
Why take out community insurance, even if you already have your home insured?.
The answer lies in the nature of claims that can occur in community areas. When an incident occurs in a communal area, all neighbours are affected and, if damage is caused to a third party, all are liable.
This is precisely the reason why community insurance is taken out. Their aim is to mitigate a risk that affects all neighbours equally, but for which no one at the individual level will take responsibility. By taking out community insurance, you protect yourself and your neighbours from the financial costs and complications that can arise from such incidents.
In short, community insurance is an investment in security and peace of mind for all residents of the community. It guarantees that, in the event of a loss, the costs will be covered and the damage will be repaired efficiently and effectively. Protect your community, protect your home.
What does Community insurance cover?
Community insurance covers all the common physical elements of our development. This includes stairs, community gardens, passageways, garages, among others, as well as the pipes that, for example, supply water to our home and any incidents they may cause.
In addition to protecting against physical damage caused by fire, rain, water, theft, etc., community insurance offers a wide range of additional coverages. These include Civil Liability, which protects the community in case they cause damage to third parties. They also cover electrical damage, possible plagues, etc. In addition, they offer legal assistance, providing legal support in case of disputes or litigation, among many other coverages.
Preguntas frecuentes
How to choose the best insurance for your How to choose the best insurance for your community of owners??
First, it is crucial to determine what you need to insure. Many communities have common elements such as gardens or windows that require coverage, while others do not. Once you have analysed your insurance needs, it is important to pay attention to certain aspects of the policy.
One such aspect is excesses, which work in a similar way to car insurance. Excesses can reduce the price of the policy, but in many cases they may not be the best option. If possible, avoid them.
Another aspect to consider is first-risk cover, which would be the equivalent of a fixed annual amount to cover one type of risk. Like excesses, they may make the policy cheaper, but may not offer the most comprehensive protection.
In summary, when taking out community insurance, it is important to carefully assess your needs and fully understand the terms of the policy before making a decision. That’s what your insurance agent is there for.