Liberty Commercial Premises insurance (Castellano)
A.1. Material damage or losses sustained by the building and / or contents
2. Water damage
Direct material damage to the insured property is guaranteed if it is caused by water as a result of the following:
- A burst, rupture, leak, overflow or blockage in privately-owned pipes used to deliver, distribute and drain water, as well as pipes for heating systems, deposits, electrical appliances, all located in the premises of the insured establishment.
- Water being filtered or leaks coming from the premises or houses adjacent to or above the insured establishment.
- Oversights and failures to close taps or faucets, except when the business has been closed for more than 96 consecutive hours.
- Any expense incurred for work carried out to search for and locate malfunctions in the premises.
The limit on the indemnity for this guarantee shall be 100% of the insured sum for buildings and / or contents, with a limit of euros 600 for the cost of repairing or replacing damaged pipes.
THE FOLLOWING IS NOT COVERED:
a. Damages from septic tanks, sewers, rainwater or the overflow of water from the public sewage system.
b. Damages arising as a result of the failure to carry out actions and repairs required to ensure the normal condition and proper functioning of the installations or to correct the gradual wear and tear thereof.
c. Damages due to building flaws in the building.
d. Damages caused as a result of building and repair work in the insured business.
e. Damage caused to stock located less than 10 cm from the floor, providing that they could have been stored on shelves, in pallets or in other similar places, unless such damage would have occurred even if the items had been located above the aforementioned height.
f. Damage produced when the insured business is closed or without surveillance for more than 30 consecutive days, notwithstanding that set forth regarding the failure to close taps or faucets.
g. Damage due to frost.
h. Damage caused by humidity and / or condensation.
i. The costs of unlocking or cleaning any kind of piping.
A.2. Expenses and losses associated with material damages
4. Risks excluded from all guarantees