Seguro Decenal

Seguro Decenal

an Insurance required by the Spanish law

Since May 2000, the Seguro Decenal has been required by law for all new buildings in Majorca and the rest of Spain and must be completed before the beginning of the cementing works.
A later acceptance by the local building authority is usually only on presentation of this insurance.
This is a 10-year liability insurance against structural damage that manifests itself in this phase.

The Seguro Decenal became legally obligatory in Mai 2000 and is a 10-year warranty intended to protect later owners of a construction.
Those involved in the construction process are liable towards the owner of the construction for faults and defects. As many smaller companies have weak capital bases this insurance was made obligatory.
A construction is therefore not legalized by the authorities unless the Seguro Decenal was contracted prior to the construction start. Constructions to be lived in by the promoters themselves are exempt.

Get the best policies and rates here.

Iberia Insurance Broker reviews your existing insurance policies and provides you with comparative offers from various insurers including Allianz, Liberty, Zurich, DKV, and many more. With our headquarters in Mallorca and specialists throughout Spain, we are always on hand to offer you advice that saves you money.

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info@iberiainsurancebrokers.co.uk

Denise Latocha

Denise Latocha

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