Portuguese law only requires fire insurance for a building. That leaves most condominiums exposed on water damage, storms, earthquake and public liability. We audit your building's policy for free and show you exactly where the gaps are — in plain English.
Request a free auditASF-registered broker · English-speaking team · Horizontal-property specialists · Allianz · Zurich · Generali · Victoria
Every building under horizontal property ownership in Portugal must carry fire insurance, covering both the individual units and the common areas (article 1429 of the Civil Code). That's the only mandatory cover — and it's the bare minimum. Water damage, storms, earthquake and public liability for the common areas are all optional, and routinely missing or underinsured. For resort and urbanisation buildings with international owners, the gaps are often wider, because nobody reviewed the policy in English.
Rebuild costs have risen sharply, but many policies still carry a sum insured set years ago. If a claim happens, the average clause cuts the payout in proportion to the shortfall — the building can receive far less than it needs to rebuild.
The Algarve has real seismic exposure, yet earthquake cover is optional and frequently excluded or underinsured. For this region, that's hard to justify.
A tile falling from the façade, a slip in the lobby, a lift fault. Liability for the common areas is often underinsured — and it's the condominium that answers for it.
Whether you own an apartment in a resort or manage several buildings, we centralise your insurance in one platform — Os Meus Seguros — with renewal alerts, under-insurance detection and end-to-end claims handling, all available in English.
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Yes. Article 1429 of the Civil Code requires fire insurance for buildings under horizontal property ownership, covering both the units and the common areas. Other cover is optional but often essential.
Rarely. It only covers fire and related perils. Water damage, storms, earthquake and public liability are excluded unless you take out a multi-risk condominium policy.
No. The audit is free and independent — we simply show you where you're exposed.