{"id":13271,"date":"2026-09-16T06:00:53","date_gmt":"2026-09-16T04:00:53","guid":{"rendered":"https:\/\/pibgroupiberia.com\/?p=56844"},"modified":"2026-09-16T12:04:23","modified_gmt":"2026-09-16T10:04:23","slug":"ten-year-damage-insurance","status":"publish","type":"post","link":"https:\/\/pibgroupiberia.com\/en\/blog\/seguro-decenal-de-danos\/","title":{"rendered":"Ten-year damage insurance: what it covers and when it is mandatory"},"content":{"rendered":"<div style=\"width: 100%; max-width: 100%; overflow-x: hidden; box-sizing: border-box;\">\n<p>The <strong>Ten-year damage insurance<\/strong> It is a guarantee linked to the construction of buildings that covers, for ten years, certain rialmaterial damages caused by structural defects. Its purpose is to protect the developer and subsequent purchasers from defects or serious defects that affect the stability and mechanical resistance of the building.<\/p>\n<p>It should not be confused with a <a href=\"\/en\/individuals\/insurance-solutions-for-individuals\/household-insurance\/\">household insurance<\/a>, With a comprehensive building insurance policy or a civil liability policy. The ten-year insurance focuses on structural damage caused by construction, while other insurance policies cover different risks during the construction process or during the normal use of the property.<\/p>\n<p>At PIB Group Iberia we work with solutions from <a href=\"\/en\/companies\/insurance-solutions-for-businesses\/construction-insurance\/\">construction insurance<\/a>, <a href=\"\/en\/companies\/sectors\/construction-sector\/\">insurance for the construction sector<\/a>, Damage, civil liability and guarantees related to building projects, adapting the insurance program to each project, developer and phase of the project.<\/p>\n<div style=\"font-family: Roboto, Arial, sans-serif; width: 100%; max-width: 100%; box-sizing: border-box; border: 1px solid #D9D8D6; border-left: 6px solid #DDBA0E; padding: 20px 22px; margin: 28px 0; background: #F7F7F7;\">\n<p style=\"margin: 0 0 10px 0; color: #2e3538; font-size: 20px; line-height: 1.35; font-weight: bold;\">Updated in September 2026<\/p>\n<p style=\"margin: 0; color: #2e3538; font-size: 16px; line-height: 1.6;\">Content revised in accordance with Law 38\/1999 on the Regulation of Construction and recent resolutions published in the BOE regarding the requirement for a ten-year insurance for the registration of new construction. The obligation, documentation and contracting may vary depending on the use of the building, the type of development, the presence of a promoter, new construction, rehabilitation or already completed construction.<\/p>\n<\/div>\n<div style=\"font-family: Roboto, Arial, sans-serif; width: 100%; max-width: 100%; box-sizing: border-box; border: 1px solid #D9D8D6; border-left: 6px solid #DDBA0E; padding: 20px 22px; margin: 28px 0; background: #F7F7F7;\">\n<p style=\"margin: 0 0 10px 0; color: #2e3538; font-size: 20px; line-height: 1.35; font-weight: bold;\">Quick answer: What is the ten-year insurance?<\/p>\n<ul style=\"margin: 0; padding-left: 20px; color: #2e3538; font-size: 16px; line-height: 1.6;\">\n<li><strong>It is a guarantee of structural damage:<\/strong> It covers any defects or flaws that affect structural elements and compromise the stability of the building.<\/li>\n<li><strong>Lasts 10 years:<\/strong> The deadline runs from the receipt of the work, without reservations, or from the rectification of these.<\/li>\n<li><strong>It is mandatory in buildings primarily intended for housing:<\/strong> The Building Regulation Act requires this guarantee for that main use.<\/li>\n<li><strong>The promoter usually hires them:<\/strong> The developer acts as the guarantor in the ten-year guarantee, although he may agree with the builder that the latter will contract for the guarantee on behalf of the developer.<\/li>\n<li><strong>Without a ten-year insurance policy, there may be problems with registering or registering a property:<\/strong> In mandatory cases, the declaration of new work is not authorized or registered without proof of guarantee.<\/li>\n<\/ul>\n<\/div>\n<h2>What is ten-year damage insurance?<\/h2>\n<p>The <strong>Ten-year damage insurance for the building<\/strong> It is a rialmaterial damage insurance, a guarantee insurance or a financial guarantee provided by the Building Regulation Act to cover, for ten years, certain structural damages in buildings.<\/p>\n<p>Its objective is not to cover any construction defect, but rather the rialmaterial damage caused by defects or flaws that originate from or affect:<\/p>\n<ul>\n<li>Concrete work.<\/li>\n<li>Supports.<\/li>\n<li>Brackets.<\/li>\n<li>Forged.<\/li>\n<li>Cargo barriers.<\/li>\n<li>Other structural elements.<\/li>\n<\/ul>\n<p>Furthermore, for the ten-year warranty to be valid, these defects must directly compromise the building\u2019s mechanical strength and stability.<\/p>\n<p>You can check the <a href=\"https:\/\/www.boe.es\/buscar\/act.php?id=BOE-A-1999-21567\" target=\"_blank\" rel=\"noopener noreferrer\">Law 38\/1999, on the Planning of Buildings<\/a>.<\/p>\n<h2>What does the ten-year insurance cover?<\/h2>\n<p>The main coverage of the ten-year insurance is the compensation for structural rialdamage. That is, it covers damage to the building when it results from defects or construction flaws that affect the structure and compromise its structural safety.<\/p>\n<div style=\"display: block; width: 100%; max-width: 100%; overflow-x: auto; overflow-y: hidden; -webkit-overflow-scrolling: touch; margin: 24px 0; box-sizing: border-box;\">\n<table style=\"width: 100%; min-width: 760px; max-width: none; border-collapse: collapse; font-family: Roboto, Arial, sans-serif; font-size: 15px; line-height: 1.45;\">\n<thead>\n<tr>\n<th style=\"padding: 12px; border: 1px solid #D9D8D6; background: #2E3538; color: #ffffff; text-align: left; vertical-align: top;\" scope=\"col\">Element or situation<\/th>\n<th style=\"padding: 12px; border: 1px solid #D9D8D6; background: #2E3538; color: #ffffff; text-align: left; vertical-align: top;\" scope=\"col\">Can it be covered?<\/th>\n<th style=\"padding: 12px; border: 1px solid #D9D8D6; background: #2E3538; color: #ffffff; text-align: left; vertical-align: top;\" scope=\"col\">What to check<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<th style=\"padding: 12px; border: 1px solid #D9D8D6; background: #ffffff; color: #2e3538; text-align: left; vertical-align: top;\" scope=\"row\">Concrete work<\/th>\n<td style=\"padding: 12px; border: 1px solid #D9D8D6; color: #2e3538; vertical-align: top;\">Yes, if the defect compromises the stability or mechanical strength.<\/td>\n<td style=\"padding: 12px; border: 1px solid #D9D8D6; color: #2e3538; vertical-align: top;\">Technical report, origin of the damage, evolution and structural impact.<\/td>\n<\/tr>\n<tr>\n<th style=\"padding: 12px; border: 1px solid #D9D8D6; background: #ffffff; color: #2e3538; text-align: left; vertical-align: top;\" scope=\"row\">Beams, beams or supports<\/th>\n<td style=\"padding: 12px; border: 1px solid #D9D8D6; color: #2e3538; vertical-align: top;\">Yes, when the damage results from covered structural defect or vice.<\/td>\n<td style=\"padding: 12px; border: 1px solid #D9D8D6; color: #2e3538; vertical-align: top;\">Extent of damage, cause, date of occurrence and current coverage.<\/td>\n<\/tr>\n<tr>\n<th style=\"padding: 12px; border: 1px solid #D9D8D6; background: #ffffff; color: #2e3538; text-align: left; vertical-align: top;\" scope=\"row\">Cargo barriers<\/th>\n<td style=\"padding: 12px; border: 1px solid #D9D8D6; color: #2e3538; vertical-align: top;\">Yes, if they are part of the affected structural system.<\/td>\n<td style=\"padding: 12px; border: 1px solid #D9D8D6; color: #2e3538; vertical-align: top;\">Whether the damage is structural or just aesthetic\/superficial.<\/td>\n<\/tr>\n<tr>\n<th style=\"padding: 12px; border: 1px solid #D9D8D6; background: #ffffff; color: #2e3538; text-align: left; vertical-align: top;\" scope=\"row\">Cracks or fissures<\/th>\n<td style=\"padding: 12px; border: 1px solid #D9D8D6; color: #2e3538; vertical-align: top;\">It depends.<\/td>\n<td style=\"padding: 12px; border: 1px solid #D9D8D6; color: #2e3538; vertical-align: top;\">Not all cracks activate the insurance: structural damage must be proven to be covered.<\/td>\n<\/tr>\n<tr>\n<th style=\"padding: 12px; border: 1px solid #D9D8D6; background: #ffffff; color: #2e3538; text-align: left; vertical-align: top;\" scope=\"row\">Water filtrations<\/th>\n<td style=\"padding: 12px; border: 1px solid #D9D8D6; color: #2e3538; vertical-align: top;\">Only in certain cases.<\/td>\n<td style=\"padding: 12px; border: 1px solid #D9D8D6; color: #2e3538; vertical-align: top;\">They may require additional guarantees of waterproofing, airtightness, or habitability.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<p style=\"margin: -14px 0 22px 0; color: #666666; font-size: 13px; line-height: 1.4;\">On mobile, slide the table horizontally to see all the information.<\/p>\n<h2>What does the ten-year insurance policy not normally cover?<\/h2>\n<p>The ten-year insurance does not automatically cover any problems that occur in a building during its first ten years. Unless otherwise agreed, the Building Regulation Act excludes certain damages or situations.<\/p>\n<ul>\n<li><strong>Personal injury:<\/strong> The legal warranty focuses on the rialmaterial damage to the building, not on personal injuries.<\/li>\n<li><strong>Economic damages other than the covered materialrial damage:<\/strong> Additional guarantees must be reviewed if indirect losses are to be covered.<\/li>\n<li><strong>Damage to adjacent or adjacent properties:<\/strong> They may require civil liability or other coverage.<\/li>\n<li><strong>Damage to movable property located in the building:<\/strong> They usually correspond to other policies, such as home, community or damage.<\/li>\n<li><strong>Works after the reception:<\/strong> Any modifications made afterwards may be disregarded, unless defects observed are rectified.<\/li>\n<li><strong>Misuse or lack of maintenance:<\/strong> Proper maintenance of the building remains the obligation of owners and users.<\/li>\n<li><strong>Ordinary maintenance costs:<\/strong> They are not subject to the ten-year warranty.<\/li>\n<li><strong>Chance, force majeure, act of a third party, or fault of the injured party:<\/strong> They may be excluded as the case may be.<\/li>\n<li><strong>Unresolved reservations in the receipt record:<\/strong> They can affect coverage as long as their repair is not completed.<\/li>\n<\/ul>\n<h2>Does the ten-year warranty cover water leaks?<\/h2>\n<p>This is one of the most common doubts. The mandatory ten-year insurance does not cover any water leak due to the mere fact of occurring in the first ten years of the building.<\/p>\n<p>A leak could be linked to the ten-year insurance if it results from a covered structural defect and compromises the mechanical resistance or stability of the building. In contrast, if it is a problem with waterproofing, roofing, facade, sealing, finishes, maintenance, or livability, it may require a separate additional warranty.<\/p>\n<p>Therefore, before claiming that a leak is covered, it is necessary to check:<\/p>\n<ul>\n<li>Technical origin of the filtration.<\/li>\n<li>If it affects structural elements.<\/li>\n<li>It compromises stability or mechanical resistance.<\/li>\n<li>If there is a three-year warranty, contracted waterproofing or sealing.<\/li>\n<li>If the damage results from a lack of maintenance.<\/li>\n<li>If it occurred within the applicable coverage period.<\/li>\n<\/ul>\n<h2>One-year warranty, three-year warranty and annual warranty<\/h2>\n<p>The Building Regulation Act distinguishes several deadlines for liability for rialmaterial damage in construction. Although the ten-year insurance is the best-known guarantee, it is not the only legal reference.<\/p>\n<div style=\"display: block; width: 100%; max-width: 100%; overflow-x: auto; overflow-y: hidden; -webkit-overflow-scrolling: touch; margin: 24px 0; box-sizing: border-box;\">\n<table style=\"width: 100%; min-width: 760px; max-width: none; border-collapse: collapse; font-family: Roboto, Arial, sans-serif; font-size: 15px; line-height: 1.45;\">\n<thead>\n<tr>\n<th style=\"padding: 12px; border: 1px solid #D9D8D6; background: #2E3538; color: #ffffff; text-align: left; vertical-align: top;\" scope=\"col\">Guarantee or responsibility<\/th>\n<th style=\"padding: 12px; border: 1px solid #D9D8D6; background: #2E3538; color: #ffffff; text-align: left; vertical-align: top;\" scope=\"col\">Duration<\/th>\n<th style=\"padding: 12px; border: 1px solid #D9D8D6; background: #2E3538; color: #ffffff; text-align: left; vertical-align: top;\" scope=\"col\">What it covers<\/th>\n<th style=\"padding: 12px; border: 1px solid #D9D8D6; background: #2E3538; color: #ffffff; text-align: left; vertical-align: top;\" scope=\"col\">Minimum reference capital<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<th style=\"padding: 12px; border: 1px solid #D9D8D6; background: #ffffff; color: #2e3538; text-align: left; vertical-align: top;\" scope=\"row\">Annual guarantee<\/th>\n<td style=\"padding: 12px; border: 1px solid #D9D8D6; color: #2e3538; vertical-align: top;\">1 year.<\/td>\n<td style=\"padding: 12px; border: 1px solid #D9D8D6; color: #2e3538; vertical-align: top;\">Execution defects that affect elements of finishing or finishing.<\/td>\n<td style=\"padding: 12px; border: 1px solid #D9D8D6; color: #2e3538; vertical-align: top;\">5% of the final execution costrial, including professional fees.<\/td>\n<\/tr>\n<tr>\n<th style=\"padding: 12px; border: 1px solid #D9D8D6; background: #ffffff; color: #2e3538; text-align: left; vertical-align: top;\" scope=\"row\">Three-year warranty<\/th>\n<td style=\"padding: 12px; border: 1px solid #D9D8D6; color: #2e3538; vertical-align: top;\">3 years.<\/td>\n<td style=\"padding: 12px; border: 1px solid #D9D8D6; color: #2e3538; vertical-align: top;\">Defects or flaws in construction elements or installations that affect habitability.<\/td>\n<td style=\"padding: 12px; border: 1px solid #D9D8D6; color: #2e3538; vertical-align: top;\">30% of the final execution costrial, including professional fees.<\/td>\n<\/tr>\n<tr>\n<th style=\"padding: 12px; border: 1px solid #D9D8D6; background: #ffffff; color: #2e3538; text-align: left; vertical-align: top;\" scope=\"row\">One-year guarantee<\/th>\n<td style=\"padding: 12px; border: 1px solid #D9D8D6; color: #2e3538; vertical-align: top;\">10 years.<\/td>\n<td style=\"padding: 12px; border: 1px solid #D9D8D6; color: #2e3538; vertical-align: top;\">Structural damage that compromises mechanical strength and stability.<\/td>\n<td style=\"padding: 12px; border: 1px solid #D9D8D6; color: #2e3538; vertical-align: top;\">100% of the final execution costrial, including professional fees.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<p style=\"margin: -14px 0 22px 0; color: #666666; font-size: 13px; line-height: 1.4;\">On mobile, slide the table horizontally to see all the information.<\/p>\n<h2>When is ten-year insurance mandatory?<\/h2>\n<p>The ten-year insurance is mandatory for buildings whose primary purpose is housing. This includes housing developments intended for sale and, as the case may be, residential buildings whose primary use is housing.<\/p>\n<p>It should not be applied automatically to any property. The obligation depends on the main use of the building, the type of work, and whether the operation falls within the scope of the Building Regulation Act.<\/p>\n<div style=\"display: block; width: 100%; max-width: 100%; overflow-x: auto; overflow-y: hidden; -webkit-overflow-scrolling: touch; margin: 24px 0; box-sizing: border-box;\">\n<table style=\"width: 100%; min-width: 760px; max-width: none; border-collapse: collapse; font-family: Roboto, Arial, sans-serif; font-size: 15px; line-height: 1.45;\">\n<thead>\n<tr>\n<th style=\"padding: 12px; border: 1px solid #D9D8D6; background: #2E3538; color: #ffffff; text-align: left; vertical-align: top;\" scope=\"col\">Type of building or structure<\/th>\n<th style=\"padding: 12px; border: 1px solid #D9D8D6; background: #2E3538; color: #ffffff; text-align: left; vertical-align: top;\" scope=\"col\">Is mandatory ten-year insurance necessary?<\/th>\n<th style=\"padding: 12px; border: 1px solid #D9D8D6; background: #2E3538; color: #ffffff; text-align: left; vertical-align: top;\" scope=\"col\">Important nuance<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<th style=\"padding: 12px; border: 1px solid #D9D8D6; background: #ffffff; color: #2e3538; text-align: left; vertical-align: top;\" scope=\"row\">Promotion of new-build housing<\/th>\n<td style=\"padding: 12px; border: 1px solid #D9D8D6; color: #2e3538; vertical-align: top;\">Yes.<\/td>\n<td style=\"padding: 12px; border: 1px solid #D9D8D6; color: #2e3538; vertical-align: top;\">It must be certified for the declaration of new construction when required.<\/td>\n<\/tr>\n<tr>\n<th style=\"padding: 12px; border: 1px solid #D9D8D6; background: #ffffff; color: #2e3538; text-align: left; vertical-align: top;\" scope=\"row\">Building primarily intended for housing<\/th>\n<td style=\"padding: 12px; border: 1px solid #D9D8D6; color: #2e3538; vertical-align: top;\">Yes, in general terms.<\/td>\n<td style=\"padding: 12px; border: 1px solid #D9D8D6; color: #2e3538; vertical-align: top;\">The key is the main destination of the building.<\/td>\n<\/tr>\n<tr>\n<th style=\"padding: 12px; border: 1px solid #D9D8D6; background: #ffffff; color: #2e3538; text-align: left; vertical-align: top;\" scope=\"row\">Individual self-propelled home promoter for personal use<\/th>\n<td style=\"padding: 12px; border: 1px solid #D9D8D6; color: #2e3538; vertical-align: top;\">You may be exempt.<\/td>\n<td style=\"padding: 12px; border: 1px solid #D9D8D6; color: #2e3538; vertical-align: top;\">If the seller sells within 10 years, they may have to take out warranty for the remaining term unless the buyer expressly waives it.<\/td>\n<\/tr>\n<tr>\n<th style=\"padding: 12px; border: 1px solid #D9D8D6; background: #ffffff; color: #2e3538; text-align: left; vertical-align: top;\" scope=\"row\">Hotel, office or commercial premises<\/th>\n<td style=\"padding: 12px; border: 1px solid #D9D8D6; color: #2e3538; vertical-align: top;\">Not generally speaking due to the mandatory housing guarantee.<\/td>\n<td style=\"padding: 12px; border: 1px solid #D9D8D6; color: #2e3538; vertical-align: top;\">It can be required by the contract, financing, investors, or project risk management.<\/td>\n<\/tr>\n<tr>\n<th style=\"padding: 12px; border: 1px solid #D9D8D6; background: #ffffff; color: #2e3538; text-align: left; vertical-align: top;\" scope=\"row\">Rehabilitation, expansion or change of use<\/th>\n<td style=\"padding: 12px; border: 1px solid #D9D8D6; color: #2e3538; vertical-align: top;\">It depends.<\/td>\n<td style=\"padding: 12px; border: 1px solid #D9D8D6; color: #2e3538; vertical-align: top;\">It must be checked whether it alters architectural configuration, structure, volume, or typical use.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<p style=\"margin: -14px 0 22px 0; color: #666666; font-size: 13px; line-height: 1.4;\">On mobile, slide the table horizontally to see all the information.<\/p>\n<h2>Ten-year guarantee for hotels, offices and non-residential buildings<\/h2>\n<p>In buildings that do not primarily serve as homes, the ten-year insurance is not generally required in the same way as in residential developments. This does not mean that it is irrelevant.<\/p>\n<p>In hotels, residences, offices, shopping centers, warehouses, rialindustrial buildings, or projects for tertiary use, it may be advisable to contract structural damage guarantees, all risks construction, civil liability, a deposit, or other technical insurance if required by the contract, the financier, the buyer, the investor, or the risk management policy itself.<\/p>\n<p>The General Directorate of Legal Security and Public Faith has recalled in recent resolutions that the requirement for ten-year insurance is linked to the main purpose of the dwelling, and has distinguished certain residential or lodging uses that do not necessarily have the character of housing for these purposes.<\/p>\n<h2>Is it possible to register a deed without ten-year insurance?<\/h2>\n<p>In cases where the ten-year insurance is mandatory, public deeds of declaration of new construction will not be authorized or registered in the Property Registry unless the establishment of the required guarantees is proven.<\/p>\n<p>In practice, this can block or complicate:<\/p>\n<ul>\n<li>Declaration of new construction.<\/li>\n<li>Registration in the register.<\/li>\n<li>Sale of new construction homes.<\/li>\n<li>Mortgage financing.<\/li>\n<li>Transmission within ten years in certain cases of self-promotion.<\/li>\n<\/ul>\n<p>If it is an individual self-promoter of a single single-family home for personal use, an initial exemption may exist. However, if a \u201cinter vivos\u201d transfer occurs within ten years, the self-promoter may be obliged to take out the guarantee for the remaining time, unless there is a contrary agreement and express exemption by the buyer in accordance with the terms provided for by law.<\/p>\n<h2>Who has to take out the ten-year insurance?<\/h2>\n<p>In the ten-year warranty, the guarantor is usually the developer. The Building Regulation Act allows the developer to explicitly agree with the builder that the latter will be the guarantor of the insurance on behalf of the developer, but the obligation must be properly covered.<\/p>\n<p>The insured are the promoter himself and the successive purchasers of the building or part of it. This is an important difference compared to other construction insurance: the decennial policy is designed to protect those who purchase the home during the warranty period as well.<\/p>\n<p>Before hiring, it is advisable to identify the following:<\/p>\n<ul>\n<li>Promoter.<\/li>\n<li>Constructor.<\/li>\n<li>Policyholder.<\/li>\n<li>Insured.<\/li>\n<li>Building or registered units insured.<\/li>\n<li>Final cost of execution material.<\/li>\n<li>Date of receipt of the work.<\/li>\n<\/ul>\n<h2>When does the ten-year warranty start and end?<\/h2>\n<p>The ten-year period begins upon receipt of the work, without reservations, or upon rectification of any defects if there were any. Receipt is the act by which the builder delivers the finished work to the developer, who accepts it.<\/p>\n<p>Therefore, to correctly calculate the validity of the ten-year insurance, it is not enough to look at the date of construction commencement or the date of license. The receipt of the work, the final certificate of completion, and, if any reservations existed, the documentation of rectification must be reviewed.<\/p>\n<h2>Ten-year insurance without OCT<\/h2>\n<p>The OCT, or Technical Control Office, should not be understood as an independent legal guarantee, but as a very relevant technical figure in insurance practice. Many insurers require it to analyze and accept the risk, especially in new residential construction.<\/p>\n<p>The OCT reviews technical aspects of the project and its execution to issue reports that help the insurer assess the quality of the work and the structural risk. Without this oversight, contracting a ten-year insurance policy can be more difficult, more expensive, or require additional technical reports.<\/p>\n<p>In completed works without OCT, solutions may exist, but they often require more intensive technical review. The insurer may require additional documentation, tests, structural reports, technical visits, or limit conditions.<\/p>\n<details style=\"font-family: Roboto, Arial, sans-serif; width: 100%; max-width: 100%; box-sizing: border-box; border: 1px solid #D9D8D6; padding: 14px 16px; margin: 14px 0; background: #ffffff;\">\n<summary style=\"cursor: pointer; color: #2e3538; font-size: 17px; line-height: 1.4; font-weight: bold;\">See the usual documentation to contract a ten-year insurance<\/summary>\n<ul style=\"margin: 14px 0 0 0; padding-left: 20px; color: #2e3538; font-size: 15px; line-height: 1.6;\">\n<li>Project of execution.<\/li>\n<li>Building permit.<\/li>\n<li>Geotechnical study.<\/li>\n<li>OCT report, if available.<\/li>\n<li>Act of redesigning or starting a construction project.<\/li>\n<li>Data from the promoter and builder.<\/li>\n<li>Budget or cost of execution matterrial.<\/li>\n<li>Memory of qualities.<\/li>\n<li>Final certificate of work.<\/li>\n<li>Act of acceptance of the work.<\/li>\n<li>Declaration of new construction, if applicable.<\/li>\n<li>Additional technical documentation for completed works or renovations.<\/li>\n<\/ul>\n<\/details>\n<h2>How much does a ten-year insurance cost?<\/h2>\n<p>The price of the ten-year insurance cannot be calculated with a single figure. It depends on the type of construction, the use of the building, the cost of executionrial, location, structural system, the promoter's experience, the existence of OCTs, additional guarantees, and the level of technical risk.<\/p>\n<p>The factors that usually have the greatest influence are:<\/p>\n<ul>\n<li><strong>Final cost of execution material:<\/strong> The legal reference for the insured capital is linked to rial the final cost of execution itself, including professional fees.<\/li>\n<li><strong>Use of the building:<\/strong> It is not the same to have a multifamily housing project than a single-family home, a rehabilitation project, a hotel, a mixed-use building, or a tertiary use building.<\/li>\n<li><strong>Structural complexity:<\/strong> Special construction systems, complex foundations or risky terrains can increase the cost of contracting.<\/li>\n<li><strong>Existence of OCT:<\/strong> Technical supervision can facilitate the acceptance of risk.<\/li>\n<li><strong>Recruitment moment:<\/strong> It is not the same to insure a work from the beginning as to seek a ten-year insurance for a work that has already been completed.<\/li>\n<li><strong>Additional guarantees:<\/strong> Waterproofing, impermeability, three-year warranty, damage to pre-existing structures, or renunciations to recourse may alter the cost.<\/li>\n<\/ul>\n<p>Instead of publishing closed prices, the most prudent thing to do is to request a quote with actual technical documentation. Two projects with similar budgets can have different premiums if the terrain, structure, use, or technical historyrial of the project change.<\/p>\n<div style=\"font-family: Roboto, Arial, sans-serif; width: 100%; max-width: 100%; box-sizing: border-box; border: 1px solid #D9D8D6; border-left: 6px solid #DDBA0E; padding: 20px 22px; margin: 28px 0; background: #F7F7F7;\">\n<p style=\"margin: 0 0 8px 0; color: #2e3538; font-size: 20px; line-height: 1.35; font-weight: bold;\">Do you need to take out a ten-year insurance policy?<\/p>\n<p style=\"margin: 0; color: #2e3538; font-size: 16px; line-height: 1.6;\">At PIB Group Iberia we review the type of work, the use of the building, technical documentation, OCT, insured capital, mandatory guarantees and additional coverages to help you find a suitable solution.<br \/>\n<a style=\"color: #2e3538; font-weight: bold; text-decoration: underline; text-decoration-color: #DDBA0E; text-underline-offset: 3px;\" href=\"\/en\/corporate\/contact\/\">Requests a personalized assessment<\/a>.<\/p>\n<\/div>\n<h2>One-year guarantee for completed work<\/h2>\n<p>It is possible to take out a ten-year insurance for a completed project, but it is usually more complex than doing so from the start of the project. The insurer has not been able to keep up with the progress of the project and therefore needs to technically reconstruct the risk through documentation and reports.<\/p>\n<p>In these cases you can ask for:<\/p>\n<ul>\n<li>Project and final documentation of the work.<\/li>\n<li>Final certificate of work.<\/li>\n<li>Receipt document.<\/li>\n<li>Building manual.<\/li>\n<li>Technical or structural reports.<\/li>\n<li>Additional tests or examinations.<\/li>\n<li>On-site inspection of the property.<\/li>\n<li>Historyrial of incidents, repairs or reservations.<\/li>\n<\/ul>\n<p>If OCT did not exist during execution, the underwriting may require more documentation and not all insurers will accept the risk under the same conditions.<\/p>\n<h2>Auto-promoter and ten-year insurance<\/h2>\n<p>The individual promoter who builds a single single-family home for their own use may be exempt from contracting the ten-year insurance at the initial stage. This exception should not be interpreted broadly for any particular development.<\/p>\n<p>To apply this exception, several elements must be reviewed:<\/p>\n<ul>\n<li>That it is an individual self-promoter.<\/li>\n<li>That it be a single single-family home.<\/li>\n<li>That it be for personal use.<\/li>\n<li>That such use can be proven if it is subsequently transmitted.<\/li>\n<li>That there is no promotion for sale to third parties.<\/li>\n<\/ul>\n<p>If the property is transferred before the ten-year period has expired, it may be necessary to contract for the remaining term, unless the buyer expressly exempts the seller from liability under the terms provided by law.<\/p>\n<h2>One-year insurance for renovations and repairs<\/h2>\n<p>In renovations, extensions or reforms, the obligation must be examined more carefully. The Building Regulation Act can apply to interventions on existing buildings when they alter their architectural configuration, produce a fundamental variation in the exterior composition, volume or structural system, or change the typical uses of the building.<\/p>\n<p>Therefore, not every renovation requires a ten-year guarantee. However, a thorough renovation, structural expansion, or a significant change in use may require technical and legal analysis before writing a deed, selling the property, or financing the transaction.<\/p>\n<h2>Difference between ten-year insurance and comprehensive construction insurance<\/h2>\n<p>The ten-year insurance and the comprehensive construction insurance respond to different times and risks.<\/p>\n<div style=\"display: block; width: 100%; max-width: 100%; overflow-x: auto; overflow-y: hidden; -webkit-overflow-scrolling: touch; margin: 24px 0; box-sizing: border-box;\">\n<table style=\"width: 100%; min-width: 760px; max-width: none; border-collapse: collapse; font-family: Roboto, Arial, sans-serif; font-size: 15px; line-height: 1.45;\">\n<thead>\n<tr>\n<th style=\"padding: 12px; border: 1px solid #D9D8D6; background: #2E3538; color: #ffffff; text-align: left; vertical-align: top;\" scope=\"col\">Insurance<\/th>\n<th style=\"padding: 12px; border: 1px solid #D9D8D6; background: #2E3538; color: #ffffff; text-align: left; vertical-align: top;\" scope=\"col\">When it acts<\/th>\n<th style=\"padding: 12px; border: 1px solid #D9D8D6; background: #2E3538; color: #ffffff; text-align: left; vertical-align: top;\" scope=\"col\">What it protects<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<th style=\"padding: 12px; border: 1px solid #D9D8D6; background: #ffffff; color: #2e3538; text-align: left; vertical-align: top;\" scope=\"row\">All construction risks<\/th>\n<td style=\"padding: 12px; border: 1px solid #D9D8D6; color: #2e3538; vertical-align: top;\">During the execution of the work.<\/td>\n<td style=\"padding: 12px; border: 1px solid #D9D8D6; color: #2e3538; vertical-align: top;\">Accidental damage to the work, equipment, rialmaterials, or other risks contracted during construction.<\/td>\n<\/tr>\n<tr>\n<th style=\"padding: 12px; border: 1px solid #D9D8D6; background: #ffffff; color: #2e3538; text-align: left; vertical-align: top;\" scope=\"row\">Civil liability in construction<\/th>\n<td style=\"padding: 12px; border: 1px solid #D9D8D6; color: #2e3538; vertical-align: top;\">During the construction and, according to the policy, in certain subsequent periods.<\/td>\n<td style=\"padding: 12px; border: 1px solid #D9D8D6; color: #2e3538; vertical-align: top;\">Damage to third parties resulting from the activity of the promoter, builder or intervening agents.<\/td>\n<\/tr>\n<tr>\n<th style=\"padding: 12px; border: 1px solid #D9D8D6; background: #ffffff; color: #2e3538; text-align: left; vertical-align: top;\" scope=\"row\">One-year guarantee<\/th>\n<td style=\"padding: 12px; border: 1px solid #D9D8D6; color: #2e3538; vertical-align: top;\">After receiving the work.<\/td>\n<td style=\"padding: 12px; border: 1px solid #D9D8D6; color: #2e3538; vertical-align: top;\">Structural damage covered for ten years.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<p style=\"margin: -14px 0 22px 0; color: #666666; font-size: 13px; line-height: 1.4;\">On mobile, slide the table horizontally to see all the information.<\/p>\n<h2>What happens if the ten-year insurance is not purchased when it is mandatory?<\/h2>\n<p>Not contracting the ten-year insurance when it is mandatory can have relevant consequences. The Building Regulation Act establishes that failure to comply with the rules regarding mandatory underwriting guarantees entails the obligation to personally respond to the person obligated to sign them.<\/p>\n<p>Furthermore, in cases where the guarantee is enforceable, the declaration of new construction will not be authorized or registered without proof of the establishment of the corresponding guarantees.<\/p>\n<p>In practice, this can affect the commercial and financial viability of the promotion:<\/p>\n<ul>\n<li>Difficulty in registering the new work.<\/li>\n<li>Problems selling the homes.<\/li>\n<li>Risk of registry blockage.<\/li>\n<li>Problems obtaining mortgage financing.<\/li>\n<li>Personal responsibility of the person obliged to contract the guarantee.<\/li>\n<li>Conflicts with buyers, financiers or third-party acquirers.<\/li>\n<\/ul>\n<h2>How to contract a ten-year insurance plan step by step?<\/h2>\n<p>Procurement must be planned from the very early stages of the project. Waiting for the work to be completed can complicate accepting the risk.<\/p>\n<ol>\n<li><strong>Check if insurance is mandatory:<\/strong> Main use of the building, type of construction, developer, and possible self-promotion.<\/li>\n<li><strong>Prepare technical documentation:<\/strong> Project, license, geotechnical study, budget and data from involved parties.<\/li>\n<li><strong>Valuing the need for OCT:<\/strong> Many insurers will require it to accept the risk.<\/li>\n<li><strong>Defining guarantees:<\/strong> Structural decennial, three-year, waterproofing, leakproofness, pre-existing structures or other coverings.<\/li>\n<li><strong>Request a quote:<\/strong> Comparing technical conditions, franchises, limits, exclusions, and required documentation.<\/li>\n<li><strong>Issuing the policy:<\/strong> Reviewing policyholders, insured persons, capital, registration units, and validity.<\/li>\n<li><strong>Accrediting the guarantee:<\/strong> For writing, registration and subsequent procedures when required.<\/li>\n<\/ol>\n<h2>Common mistakes with the ten-year insurance<\/h2>\n<ul>\n<li><strong>Thinking that it covers any defect:<\/strong> The mandatory warranty focuses on serious structural damage.<\/li>\n<li><strong>Confusing it with home insurance:<\/strong> Home covers ordinary risks of housing; the decennial covers structural defects in construction.<\/li>\n<li><strong>Waiting for the end of the construction:<\/strong> Signing up late can make the policy more expensive or more difficult to obtain.<\/li>\n<li><strong>Do not hire an OCT when the insurer requires it:<\/strong> It can block the acceptance of risk.<\/li>\n<li><strong>Assuming that the leaks are always covered:<\/strong> They may require additional guarantees.<\/li>\n<li><strong>Applying the self-promoter exception incorrectly:<\/strong> It operates only in specific circumstances.<\/li>\n<li><strong>Not reviewing the main use of the building:<\/strong> It is key to determine the obligation.<\/li>\n<li><strong>Do not keep technical documentation:<\/strong> It may be necessary for accidents, writing, sales, or financing.<\/li>\n<\/ul>\n<h2>What to check before hiring?<\/h2>\n<details style=\"font-family: Roboto, Arial, sans-serif; width: 100%; max-width: 100%; box-sizing: border-box; border: 1px solid #D9D8D6; padding: 14px 16px; margin: 14px 0; background: #ffffff;\">\n<summary style=\"cursor: pointer; color: #2e3538; font-size: 17px; line-height: 1.4; font-weight: bold;\">See recruitment checklist<\/summary>\n<ul style=\"margin: 14px 0 0 0; padding-left: 20px; color: #2e3538; font-size: 15px; line-height: 1.6;\">\n<li>Main use of the building.<\/li>\n<li>Type of work: new construction, renovation, extension or change of use.<\/li>\n<li>Status of promoter, self-promoter or builder.<\/li>\n<li>Destination for sale, rental or private use.<\/li>\n<li>Existence of OCT.<\/li>\n<li>Geotechnical study.<\/li>\n<li>Final cost of execution material.<\/li>\n<li>Capital insured per registration unit.<\/li>\n<li>Additional guarantees required.<\/li>\n<li>Applicable franchises.<\/li>\n<li>Exclusions from the policy.<\/li>\n<li>Receipt and reservation form.<\/li>\n<li>Documentation required for registration and entry into force.<\/li>\n<\/ul>\n<\/details>\n<h2>Compare your ten-year insurance with expert advice<\/h2>\n<p>The ten-year insurance is a key guarantee in housing promotions and a very relevant tool in the management of construction risks. But it must be contracted with rigor: not all works have the same obligation, not all policies cover the same things, and not all projects are accepted with the same technical documentation.<\/p>\n<p>At PIB Group Iberia we can help you analyze whether your project needs a ten-year insurance policy, which guarantees are advisable to take out, what documentation to prepare and how to coordinate it with other construction insurance policies, civil liability insurance, damage or bond insurance.<\/p>\n<p><a href=\"\/en\/corporate\/contact\/\"><strong>Requests a personalized assessment<\/strong><\/a> and sarewe reviewed what alternative of <a href=\"\/en\/companies\/insurance-solutions-for-businesses\/construction-insurance\/\">construction insurance<\/a> It may fit better with your work, promotion, or real estate project.<\/p>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>El seguro decenal de da\u00f1os es una garant\u00eda vinculada a la construcci\u00f3n de edificios que cubre, durante diez a\u00f1os, determinados da\u00f1os materiales causados por defectos estructurales. Su finalidad es proteger al promotor y a los sucesivos adquirentes frente a vicios o defectos graves que afecten a la estabilidad y resistencia mec\u00e1nica del edificio. No debe [&hellip;]<\/p>\n","protected":false},"author":14,"featured_media":13272,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"yasr_overall_rating":0,"yasr_post_is_review":"","yasr_auto_insert_disabled":"","yasr_review_type":"","footnotes":""},"categories":[152],"tags":[],"class_list":["post-13271","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-profesionales"],"yasr_visitor_votes":{"stars_attributes":{"read_only":false,"span_bottom":false},"number_of_votes":0,"sum_votes":0},"_links":{"self":[{"href":"https:\/\/pibgroupiberia.com\/en\/wp-json\/wp\/v2\/posts\/13271","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/pibgroupiberia.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/pibgroupiberia.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/pibgroupiberia.com\/en\/wp-json\/wp\/v2\/users\/14"}],"replies":[{"embeddable":true,"href":"https:\/\/pibgroupiberia.com\/en\/wp-json\/wp\/v2\/comments?post=13271"}],"version-history":[{"count":2,"href":"https:\/\/pibgroupiberia.com\/en\/wp-json\/wp\/v2\/posts\/13271\/revisions"}],"predecessor-version":[{"id":22938,"href":"https:\/\/pibgroupiberia.com\/en\/wp-json\/wp\/v2\/posts\/13271\/revisions\/22938"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/pibgroupiberia.com\/en\/wp-json\/wp\/v2\/media\/13272"}],"wp:attachment":[{"href":"https:\/\/pibgroupiberia.com\/en\/wp-json\/wp\/v2\/media?parent=13271"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/pibgroupiberia.com\/en\/wp-json\/wp\/v2\/categories?post=13271"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/pibgroupiberia.com\/en\/wp-json\/wp\/v2\/tags?post=13271"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}