✅ What you should know
Starting in 2015, you can purchase optional home insurance only if you have an active mandatory PAD policy (Natural Disaster Insurance).
🧾 PAD – Mandatory Natural Disaster Insurance
Required since 2010 for all residential buildings (permanent or temporary).
Covers the following risks:
Earthquakes
Floods
Landslides
Housing types and policy options:
| Type of Housing | Construction Materials | Insured Sum | Annual Premium |
|---|---|---|---|
| Type A | Concrete, reinforced walls, treated wood | €20,000 | €20 |
| Type B | Unbaked brick, clay, untreated materials | €10,000 | €10 |
🏠 Optional Home Insurance
It complements the PAD and offers more complete protection based on your specific needs.
Key elements:
Insured Sum
Apartment: market value
House: replacement value
Insurance Premium — percentage of the insured sum
Deductible — the portion of the damage you cover
Covered Risks:
Fire, lightning, explosion
Earthquake, storm, hail, torrential rain, flooding
Landslides, avalanches, pipe leaks, vandalism, theft
Animal damage, vehicle impact, boiler malfunction
Additional repair expenses
Exclusions — risks not covered by the policy, detailed in the contract
With DESTINE ASIG BROKER ASIGURARE-REASIGURARE, you benefit from expert guidance and fast policy issuance, adapted to your property and budget.