Communities

Community insurance for homeowners associations

Your community, in good shape

What is this insurance?

Community insurance for homeowners associations protects both the buildings and the contents of owners' communities. This protection, thanks to its different coverage, will be responsible for dealing with the most common unforeseen events that your community of neighbours may suffer. Its payment flexibility and the possibility of choosing the cover you need makes our Community insurance one of the most effective options for protecting your community of homeowners.

Benefits of this insurance

Community insurance for homeowners associations protects your building and offers greater payment flexibility. It is also compatible with other types of insurance.

Flexibility

Take advantage of high-quality protection, with the option to choose the payment that best suits your needs.

Compatibility

Community insurance for homeowners associations is compatible with home insurance. In fact, it is advisable to take them both out to guarantee optimum protection of your home.

Adaptability

Each community of owners has different needs. Community insurance for homeowners associations allows you to have the guarantees you really need.

Joint ownership or rent

In the event your building is set up as a community of leaseholders, also known as a tenant community, it will also be able to take out insurance.

Main types of Community insurance for homeowners associations coverage

These are the main types of coverage of the Community insurance that we have designed to protect the building you live in.

Damage to your home

The Community insurance for homeowners associations offers you protection against the following unforeseen circumstances:

Fire, explosion, smoke and lightning.
Salvage costs.
Theft and robbery.
Vandalism or malicious acts.
Loss of rents and forced evacuation.
Aesthetic damage.
Breakage of glass, windows and mirrors.
Rain, wind, hail or snow.
Accidental spillage, leak or escape of the automatic fire extinguishing facilities.
Civil liability - extra-contractual, deposit, defence and claim.

Expenses derived from accidents in the home

The Community insurance for homeowners associations guarantees protection for the following expenses:

Public liability defence.
Public liability defence - extra-contractual, deposit, defence and claim.

Community insurance for homeowners associations modalities

Communities and Buildings single owner

Suitable for both multi-owner residential buildings and single-owner homes and offices.

Single-family communities

For terraced or single-family properties.

Community garages

Our insurance also covers homeowner community garages.

Communities common outside area

We also cover the areas of the gardens, swimming pools, fences, swings, tennis court, etc. Belonging to different communities of homeowner associations.

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FAQs

Is community insurance compulsory?

In principle, it depends on each community. The Spanish Law on Horizontal Property states that the owners' communities are not obliged to take out community insurance but the compulsory nature may be added to the policy. For example, in Madrid and Valencia, owners' communities are required to have Public Liability insurance to cover the risks of fire and damage to third parties.

Does the Community insurance for homeowners associations cover the building?

Yes. Yes. Building and contents will be protected.

What types of cover in the Community insurance for homeowners associations should I take out to be fully protected?

It would depend on the needs of each community owner but the cover that you take out must protect the community's assets through personal damage coverage and public liability protection against third party claims.

It is also very advisable to take out damage coverage to cover fire, atmospheric damage and water damage, as well as an amount for public liability protection against third party claims.

Does the Community insurance for homeowners association cover acts of vandalism?

Yes, acts of vandalism or malicious acts are covered by our Hogar plus communities insurance.

What is the objective of this insurance?

This insurance is designed to offer full coverage to the owners' communities in their buildings, both for buildings and contents.

Who is this insurance for?

This insurance is designed to offer comprehensive coverage to homeowner associations, both for structure and contents.

What are the additional advantages of this insurance?

It is compatible with other home insurance policies.

Learn more about this insurance

Why take out Community insurance for homeowners associations?

For over 50 years we have been protecting the more than one million insured people that have placed their trust in our Community insurance for homeowners associations.