Why is building insurance mandatory for homeowners' associations?
A homeowners' association is collectively responsible for the building. It is therefore mandatory to take out building insurance through the homeowners' association. This prevents:
🔹 Discussions about who should insure what
🔹 Insufficient or double coverage in the event of damage
🔹 Financial risks for the joint owners
🔹 Long-term conflicts within the homeowners' association in the event of damage
With a joint policy there is one clear cover for the entire property, including fast claims handling and fair distribution of costs via the service contribution.
Who is VvE building insurance intended for?
✔ Owners' associations of apartment complexes
✔ Mixed-use buildings (residential and/or shops/offices)
✔ Both small and large homeowners' associations
✔ New construction, existing construction and monumental buildings
Whether you manage a complex with 3 apartments or a flat with 100 homes – Every homeowners' association needs building insurance .
Want to combine additional homeowners' association insurance?
A homeowners' association building insurance is the basis, but you can expand this with:
✅ Liability insurance (AVB) – For damage to third parties due to defects in the building
✅ Directors' liability – Protects board members from personal liability
✅ Glass insurance – For damage to windows and stained glass
✅ Legal expenses insurance – For legal assistance in conflicts with residents, suppliers or contractors
✅ Environmental damage insurance – For contamination due to leakage or calamities
Take out building insurance for your homeowners' association today!
Do you want to insure your building professionally, legally correct and cost-effectively? Then choose a specialist homeowners' association insurance policy, tailored to your situation.
Request a quote now without obligation and compare the best options for your homeowners' association - so you can be sure of the right coverage at a competitive premium!
