What is the value of the ensured capital of my house?
The value of the insured capital must correspond to the cost of the property's reconstruction in case an unexpected event occurs. This amount is based on the year, type of construction and factors such as finishing, dimension, geographic location or improvement works.
In case of horizontal property, the value of the reconstruction must correspond to the value of the apartment plus the commensurate of the common parts (roof, stairs, elevators, garage, etc).
In case of property that will be demolished or expropriated the insured capital must correspond to the matricial value.
The insured capital is not related to the amount in debt of the home loan and it is far lower than the market/commercial value.