Construction insurance for residential and commercial properties
All risk construction insurance
Protection of the new building during the construction phase against damage or destruction. In the case of renovations, the old building can be co-insured up to a maximum of 50% of its value. Household contents are excluded.
Builder's liability
This covers the liability as owner of the building plot and the building until completion. Since third-party liability claims can also be made against the builder and thus require supplementary payments to the builder's liability, we recommend this coverage.
Compulsory defect warranty insurance (Seguro Decenal)
This guarantees compensation for 10 years for material damage to the building caused by faults or defects that affect the structural elements and endanger the resistance and stability of the building. This compulsory insurance is essential for registration in the land register and its purchase is required by law.