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Monday, May 14, 2007
formentera costa
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hi, can anyone advise, we have just completed on our spanish property after lots of setbacks, we took out insurance for contents and building cover, we have spoke to various people and have been informed as it is an apartment we do not require building cover only contents as the builder is supposed to cover the building for the first year and after this you are covered by you community charges, IS THIS CORRECT.all replies appreciated.
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14 May 2007 4:42 PM
georgia
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Hi Formenteracosta,
Your builidng insurance will be covered by the builder and then your community fees thereafter,as you cannot have individual building contents on a block.
You can take out contents only insurance only and there are many companies to choose from ,go online to compare quotes.
Hope this helps
GEORGIA
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15 May 2007 10:38 AM
milli
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I'm in Cheshire/ Formentera, Costa Blanca
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My building insurance is in with my mortgage for our appartment. Have never been told that my community charge will include it or that the builder covers it for a year.
What happens if people don't pay their community charges?
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15 May 2007 12:13 PM
EOS Team
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** This thread has been moved to this category ***
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15 May 2007 1:02 PM
FibbyUK
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Hi Milli
this is confusing as there are 2 threads running here!
One called "contents & building insurance"
The other called "building & contents insurance"
I will ask Justin to merge them, that will make more sense!
Anyway, I think that if you don't pay your community fees, then you should technically, NOT be covered for the buildings insurance.
People who do not pay their community fees, cannot vote at the AGM's and in the extreme, can have their properties seized and sold! So I imagine they must forgo all the other benefits associated with paying your community fee.
Unless, of course, anyone else knows better!!!
I bet someone does!!!
Kind regards,
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15 May 2007 2:12 PM
JeansSis
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I have asked Justin to merge this thread which is Content and buildings insurance
started by Buz
with
Building and contents insurance
started by formentera costa
as, as Fibby says, it's getting confusing.  
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15 May 2007 2:22 PM
FibbyUK
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Thanks for asking Justin to merge these threads JeanSis,
I was about to do that as I said in my post, but got beaten to it!
It will make more sense!
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