Safe for Community of neighbors

• GENERALI Community it is addressed to owners of buildings mainly for housing. The property regime can be both common (owners) as a unit (individual property of natural or legal persons).
• We can ensure buildings mixed that may include, in part, commercial premises, offices and/or parking spaces. It is also noted that the exclusive use of the property is the communal car park for private use.
• In this mode, there are five activities that we can ensure.
  • Residential building without commercial premises.
  • Building homes with shops and/or offices up to 25% of the total volume.
  • Building homes with shops and/or offices, between 25% and 75% of the total volume.
  • Development of single-family homes.
  • Communal car park for private use.

The valuation of the continent has on the value of construction, once excluded the value of the land, and not on the sale value of the market.

This means that, in the event of a claim, the building is valued for its construction value, or total value and its replacement value new, excluding the value of the land and the circumstances of the market such as the quote of the area, views, and other elements that make up the purchase and sale prices.

The system offers a capital recommended for continent according to the following factors stated in the questionnaire:

• Total floor area:
  • Square feet built up over the ground, including those that correspond to elements located on the outside of the building, such as sports areas, swimming pool, walls, fences, etc., do Not include the square footage of garden.
  • Square feet built below ground level, basements and floors of parking, when is secure.

• Quality construction: easy, medium, or high.

• Geographic area: three zones, according to the provinces.

The capital recommended will be considered sufficient for the assurance of the continent provided that the data declared by the Policyholder, used for the calculation of the sum insured, are correct.

The set formed by the following property belonging to the property of the building, located in common areas and for community use. 

•  Furniture, even the fixed to the continent, mobile devices, and counters don't work.
•  Mirrors, lamps, and objects of ornament and decoration in general, provided that their unit value not exceeding €3,000.
•  Tools, tools, small machinery and materials for cleaning, repair, and maintenance of the building, the gardens and the common facilities.
•  Fire extinguishers.
•  Furniture set in gardens, patios and terraces, only for the following coverages, when they are contracted: fire, explosion and implosion; lightning, smoke damage and impacts from the outside; the breakage of the elements of the common content and acts of vandalism, and theft in gardens, patios and terraces community (Large Exclusive Community).

It is not considered content:

• Movable property and private use.
• Objects with unit value exceeding €3,000.
• Motor vehicles, trailers, caravans and boats.
• Deeds, titles, manuscripts, drawings, lottery tickets, postage stamps, stamps, and, in general, documents or receipts that represent your value or warranty in money.
• Cash and checks, except in the cases expressly provided for in this policy.

The set of trees, plants and grass are located in the garden of the building. The garden should be fenced or fenced off for the exclusive use of the owners and members of the community. They have No regard for garden: forests, underbrush, grasses, or other land with tree species or plants that are not growing ornamental.

The fixed machinery is a game included in the items of the continent, which comprises the set of machines and equipment, fixed to the continent, and not portable, of use to the community and to support the operation and maintenance of the building, such as:

• Lifts and service lifts.
• Fired central heating boiler.
• Plants.
• Machinery of production, transformation and distribution of electric energy, with its accessories, and the conductive lines of electricity of use to the community.
• Home automation systems, computing and electronics.

Even being a part of the continent, must be hired their own capital to get the coverage of the optional warranty Breakdown of Fixed Machinery.

Capital of the continent recommended
The system offers a capital recommended for Continent according to the following factors stated in the questionnaire:
• Total floor area:

— Square feet and are built on the ground, including those that correspond to elements located on the outside of the building, such as sports areas, swimming pool, walls, fences, etc., do Not include the square footage of garden.
— Square feet and are built below ground level, basements and floors of parking, when to ensure
• Quality of building: easy, medium, or high
• Geographical area: three zones according to provinces
The capital recommended will be considered sufficient for the assurance of the continent, provided that the data declared by the policy holder, and is used for their calculation, are correct.
(See modules per square meter in Annex III).

Revaluation capital

In order to keep up with the capitals of the Continent, and Content, is applied to a system of revaluation of capital according to one of these two options chosen in the contract:

Uniform: fixed Value defined by the Policyholder.
Variable: Value with reference to the Consumer Price Index (CPI).

Infraseguro and proportional rule
In the event that there is infraseguro at the time of the occurrence of a loss, it will reduce the indemnity in the same proportion as the capital is insufficient (proportional rule). This rule does not apply in the goods insured with capital first risk.
However, GENERALI waiver of the application of the proportional rule in claims, the amount of damage (covered or not) is less than or equal to 1,500 euros.
Once detected a infraseguro, the Policyholder/Insured will need to adjust the capital to the reality of the risk.

GENERALI covers the material damage caused to the common property insured as a direct result of fire, explosion and lightning, as well as the damage caused by the smoke.

GENERALI covers, through the guarantee of meteorological phenomena, the damage caused on the continent insured, always and when it is recorded wind gusts of wind exceeding 80 km/h. Also covered is damage caused by water leaks and leaks.

Through the guarantee of water damage, and as long as you have hired the continent, GENERALI should extend the expenses of locating and repair of the driving community that caused the damage, as well as the damage caused by the water on the continent insured, in accordance with the limits of the warranty.

On the other hand,  GENERALI  it covers spending by excess consumption of water caused when you hire the Large Exclusive Community, up to the limits set out in the policy.

• There is a broken pipe general in my building, without which the water may cause material damage. What would be covered by my policy, the repair of the fault?

GENERALI you to cover the expenses of plumbing to repair the urgency of the common facilities of disposal of gray water, black, or storm, up to the limit hired.

• We have suffered a breakdown on the sidewalk due to a broken pipe underground to the public. The water has entered the community, causing damage in several areas. Does the insurance is in charge?

Are covered damage to insured property as a direct result of the entry of water into the building, overflow, burst, or rupture of septic tanks, sewers, sewers, or pipes underground public.

GENERALI  it covers the expenses for the desatasco of the piping community of disposal of sewage, sewage and storm, up to the limits set out in the policy.

Through the guarantee of water damage, GENERALI will have to assume the damage caused by the water in the container and contents insured

• Due to a door slamming, it has damaged the glass of the entrance door to the building. What GENERALI covers breakage of the glass?

The warranty of tears in public areas covers the cost of repair or replacement by cracking or fragmentation accidental crystals that form part of the continent insured and are located in the area of common use.

GENERALI cover by the warranty liability of the community for damage caused to third parties.