Condominium Insurance in Spain
Looking for good insurance for your condominium? You’ve got it with Zurich.
Ensuring the peace of mind of all residents. That’s what this Insurance is all about.
Whether it’s a property with just a few residents or one with a number of stairways, our condominium insurance provides covers and solutions that ensure all the needs of your condominium are met. Whatever type it is.
Getting on with your neighbours is crucial. Having the finest insurance is as well.
These are the covers that any condominium should have to be covered against any eventuality. So whatever happens, your condominium is protected against all kinds of damage and injury.
• 24-HOUR ASSISTANCE
If there is a problem on the property, our helpline is open 24/7/365.
• WATER DAMAGE
If the condominium’s pipes get blocked, we pay for a drain cleaning lorry to unblock
them for up to €500 per year.
• ELECTRICAL DAMAGE
If the lift breaks down because of a short circuit, we cover any electrical damage.
• WINDOWS AND GLASS
If a pane of glass in the condominium is broken, we cover the cost of repair.
If there is a fire or explosion in the building, we pay to repair any damage.
If someone tampers with the intercom and it stops working, we see to the repair.
If the garage is full of mud after flooding, we cover the cost of removing the mud and sludge.
• FIRE BRIGADE
If the fire brigade comes to help you, we pay for the cost of salvage and any damage caused by the fire brigade.
• LOSS OF USE
If the property becomes uninhabitable, we cover the cost of renting similar accommodation or premises while repairs are carried out.
If there is a break-in at the building, we cover any theft and damage to condominium property.
• LIABILITY FOR CONDOMINIUM WATER DAMAGE
If a water leak damages residents’ property, we pay compensation, bonds and lawyer fees up to €100,000 per claim.
If part of the outer wall falls off and injures someone, we cover any payments, bonds or lawyer fees.
• EMPLOYEE ACCIDENT
If the concierge has an accident while working, we cover their death or disability.
• LOSS OF RENT
If rent for a flat or business premises is lost due to accident, we cover up to 12 months of lost rent during repairs.
Inscrease your condominium’s protection with covers that meet your real needs. You choose what and how much.
If a water system floods the building, we pay for damage to residents’ property.
LIABILITY FOR PRIVATE WATER DAMAGE
If a water leak damages a resident’s private property, we cover any payments, bonds or lawyer fees.
If a resident does not pay their service charge, we claim payment for condominium overheads, repairs and systems from them.
(Covers and services subject to the terms and conditions applicable to the insurance you choose.)