Insurance
Insurance
Which one (s) is/are compulsory insurance(s) for a property?
Only the fire insurance is mandatory for all buildings with fractions subjected to horizontal property. However, it is recommended and increasingly common, to have a Multi-risk house insurance, which includes fire insurance and the price difference is not significant.
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Do national buyers only have multi-risk house insurance, because it is mandatory for bank credit loans?
No, given the compulsoriness of the fire insurance for all buildings with fractions subjected to horizontal property, it is increasingly common to have a Multi-risk house insurance, which includes fire insurance, as there is not a significant price difference.
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How may I know if the property has, or not, anti seismic construction?
Since 1960, all the buildings legally approved, have to be anti seismic by law.
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As a foreigner, is it mandatory to discriminate my house contents in order to do multi-risk house insurance?
The acceptance of contents for foreign citizens without discriminating the items is a risk of conditional acceptance.
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The property has a multi-risk house insurance, can you ensure vehicles in the garage if they don’t have Automobile Civil Liability insurance in the same company?
The inclusion of this coverage is of conditional acceptance.
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May a vehicle be insured even when it is parked in a spot in a communal garage?
No. A vehicle can only be insured in a garage, if it is for private use of the person, like in a closed “box”.
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May a vehicle be insured in the garage without having the building insurance on the same policy?
Yes, to insure vehicles in the garage, you only need to have contents insurance.
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In second homes, are the vehicles parked in the garage covered by the multi-risk house insurance?
The subscription of the insurance for vehicles in the garage of second homes have conditional acceptance.
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How should the antique cars in the garage be valued?
In the same way as for auto insurance. The acceptance of these vehicles is subject to consultation with the insurance companies technical services.
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Are the photovoltaic panels included in the cover of "Breaking and fall of Solar Panels"?
No. These situations require consultation with the insurance companies technical services.