If you own a holiday apartment in Spain, France or Portugal that is on a complex, check your building insurance – it could be inadequate.

It is common practice that part of a holiday apartment owners community/maintenance fees goes towards the community buildings insurance. However, there is a common misconception from apartment owners that the community building insurance is sufficient to cover their apartment and that they only need additional contents insurance.

Inadequate holiday apartment insurance

The problem is that community building insurance in Spain typically only covers communal areas such as walkways, swimming pools and the basic rebuild of the building structure. U

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A guide to getting specialist buy to let building insurance, why it is important to get specialist landlord insurance.

If considering investment in a buy to let property, then it is essential to check that one has the appropriate level of home and buildings insurance to cover the commercial usage of the property. One solution may be to take out a specialist landlords insurance policy or buy to let buildings insurance.

Why take out Landlord Insurance or Buy to Let Buildings Insurance?

When investing in a buy to let property, then an individual is essentially using the building as a commercial operation, as opposed to using the property for home dwelling purposes. Full Post…