Construction

Construction is an activity that involves many risks, which is why construction insurance is essential to protect everyone involved. From planning to project handover, measures must be taken to ensure the safety and protection of owners, contractors, subcontractors and suppliers.

What insurance policies are there for construction?

1. Ten-year structural insurance (Seguro Decenal):
   This policy is compulsory in Spain for any building intended for housing and guarantees the liability of the builder and developer for structural defects or hidden defects that affect the habitability or safety of the building for a period of ten years. It is also required to obtain the first-occupancy licence.
2. Contractors’ liability insurance:
   This insurance covers the risks related to the contractor’s activity and applies to damage caused to third parties, including clients, employees, subcontractors and suppliers.
3. Professional liability insurance for architects and engineers:
   This policy protects construction professionals against third-party claims related to the provision of professional services.
4. Property owners’ liability insurance:
   This insurance covers the risks of owning the building and applies to damage caused to third parties, including clients, employees, subcontractors and suppliers.
5. Construction all-risks insurance:
   This policy offers complete, tailored protection for any construction work, covering all risks from the start of the works to the completion of the project.

Each of these policies is important and offers a different type of protection. In any construction project, it is necessary to assess the risks involved and take out the insurance needed to protect against them.

In conclusion, construction insurance is essential to protect against the risks inherent in any construction activity. With our insurance brokerage services, clients can be sure their projects are protected with the right cover and personal attention. We offer tailored solutions adapted to the specific needs of each project.