Insurance for homeowners' associations

Fire, explosion and smoke

This coverage extends to damage suffered due to the direct action of fire, as well as damage due to fire extinction, explosion, lightning and/or secondary effects (smoke, vapours, etc.).

Electrical faults

Damage caused to electrical installations, apparatus and machinery that are part of the fixed and communal installations of the insured risk will be covered.

Acts of vandalism or malice

Impact of vehicles

Rain, wind, hail, or snow

Coverage of damage caused by adverse meteorological phenomena when they occur abnormally, as a result of atmospheric disturbances which, due to their appearance or intensity, cannot be deemed to be typical of certain times of the year or geographical situations.

Leaks in terrace and facade

This means water seepage through roofs, flat roofs, terraces and façades of the building, as a result of rain, hail or snow, regardless of their intensity.

Total loss

This guarantee covers the collapse of the building as a result of settlement, landslide or subsidence of the land, when the direct cause of the loss is due to:

• Work carried out by third parties in adjacent properties.
• Public works carried out on the subsoil of the risk insured or in adjacent streets.

Smoke / Spillage

Water (burst pipes, leaks, drips and failure to turn off taps).

Expenses for unblocking of communal drainage pipes.

Expenses arising from the unblocking, by means of pressure groups, pump trucks or similar, of the communal pipes for the evacuation of sewage, faecal or rainwater, as a consequence of accidental and sudden blockages of the same, whether they have caused

damage or not. When there is no damage, the existence of a blockage must be clearly evidenced and verified by the expert or repairer sent by Occident.

Excessive water consumption

Expenses due to excess consumption of communal water as a consequence of a break or leak in the communal distribution pipes.

Similarly, the refilling of swimming pools is also covered when there is a need to empty them as a result of a covered claim.

Locating and repairing pipes

Coverage of expenses incurred for work performed to locate accidental leaks that have caused damage and the carrying out of repairs to pipelines.

Extinction, salvage of property, debris removal and demolition.

Flooding

Costs related to clearing and removing sludge

Recovery of aesthetic harmony

Expenses incurred to restore aesthetic harmony in parts of the premises not located outside, whether in private or common areas, when the repair or replacement of the damaged elements is not possible without causing a clear loss of original aesthetic to the ensemble to which they belong.

Expenses when forced to vacate a property

Loss of rent

Technical fees and permits

Extraordinary administrative expenses

Replacement of documents and files

Windows, glass, mirrors, and methacrylate elements that are fixed in the common areas of the building.

Toilets

Solar panels

Protection in the event of theft and robbery

For this coverage, and up to the agreed limits, Occident will compensate the insured goods that have been subject to unlawful appropriation through acts that show the use of force to gain access to the building where the goods are located, by breaking walls, ceilings or floors or breaking doors and windows.

Our insurance for homeowners' associations covers expenses arising from civil liability in the following forms:

• Water in pipes
• Rain leaks
• Property
• Employer liability
• Liability of the governing board
• Environmental Liability

Coverage for material and direct damage caused to fixed machinery installed on the insured property as a consequence of an accidental, sudden and unforeseen fall, due to negligence, direct action of electrical energy, abnormal operation, rupture or self-combustion.

This policy guarantees damages that may be suffered by vehicles while stationary inside the community garage, as a result of fire, explosion or theft, the latter cover (theft) being limited to the total disappearance of the vehicle.

Occident assumes the expenses arising from the legal defence of the interests of the owners' association as well as other services, which are covered by the following group of guarantees:

• The "Basic" policy includes:
  • Legal advice helpline:
  • Landlord claim for non-payment of expenses.
  • Claim for damages and other building and annex rights.
  • Claims for damages to common elements caused by co-owners.
  • Defence of rights against the Consortium.
  • Criminal defence.
• Optionally, you can take out the "Extended" policy; It includes the following, in addition to the guarantees of the "Basic" option:
  • Claims for non-fulfilment of property purchase contracts.
  • Claims for non-fulfilment of service contracts.
  • Claims for non-fulfilment of contracts for refurbishment or renovation work.
  • Defence for labour contracts and administrative matters.