Our policy offers a broad scope of cover, but there are a few exemptions due to local rules and regulations, including: Damage caused by faulty workmanship or defective design. Damage caused by a pet. Malicious damage by persons lawfully in the home.
Some mortgage providers require you to purchase buildings insurance when applying for a mortgage. Contents insurance is typically optional, but it can safeguard you in scenarios where your belongings are lost, stolen, or damaged.
Holiday home insurance isn’t a legal requirement in Gibraltar; however, there are several serious reasons why you might want to buy protection. You could ask yourself this question: could you pay costs associated with compensation claims or structural damage following an incident?