Building Insurance HOA - Essential Coverage for Owners' Associations

According to it apartment right Building insurance is mandatory for homeowners' associations. This insurance ensures that in the event of damage:

🔹 The costs are borne collectively – via the service costs or reserve fund
🔹 Every owner is treated equally – equal coverage for all apartments
🔹 Fast claims handling is possible – no discussion about who pays what
🔹 The financial continuity of the VvE remains guaranteed

Without building insurance, damage to the building can lead to major financial problems and conflicts within the homeowners' association.

✔ Apartment complexes with multiple owners
✔ Mixed-use buildings (residential/retail/office)
✔ New construction, existing buildings and monuments
✔ Both professionally managed and self-managed homeowners' associations

Regardless of the size of the building or the number of owners: Every homeowners' association needs building insurance .

As a homeowners' association, do you want to be fully insured? Then combine the building insurance with additional modules such as:

✅ Liability insurance VvE (AVB) – For damage to third parties due to the building
✅ Directors' liability – Protection for HOA board members in the event of errors or negligence
✅ Glass insurance – For damage to windows and glazing
✅ Legal expenses insurance – Legal assistance in conflicts with residents, contractors or suppliers
✅ Environmental damage insurance – For contamination due to leaks or calamities