Properly insuring apartment buildings: What financial experts recommend

Ein Gastkommentar von Rechtsanwältin Margot Nusime und Helmut Mojescick, Fachgruppenobmann Wiener Versicherungsmakler, beleuchtet die Risiken und Fallstricke bei der Versicherung von Zinshäusern und Gebäuden mit Wohnungseigentum.

The complexity of insuring apartment buildings

Helmut Mojescick emphasizes the need for a specialized advisor and an appraisal report when insuring apartment buildings. The complexity of such buildings requires specialist expertise to avoid liability problems. Lawyer Margot Nusime adds that an official new building value report is essential in order to avoid underinsurance and to adapt the insurance to the specific apartment building or building with residential property.
The risk of natural hazards should also be taken into account and care should be taken to ensure that insurance against natural hazards is adequate. Extras such as flood or storm protection should be considered to minimize the risk to the insurance company. Careful adaptation of the insurance to the specific circumstances of the apartment building is essential in order to be adequately covered in the event of damage.
According to a report by www.leadersnet.at,