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Real estate

In the real estate sector, managing apartment buildings involves specific risks. From damage to buildings and installations to liability and disputes between co-owners: a carefully considered insurance solution is essential to protect your assets and returns. 

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The specialized insurance solution for apartment buildings and co-ownerships

Insuring an apartment building requires more than a standard fire insurance policy. Joint ownership involves specific risks, responsibilities, and legal obligations.

That’s why Van Dessel developed VD Building, a specialized insurance solution for property managers, associations of co-owners (VME’s), and apartment buildings. 

With VD Building, you benefit from broad protection for the building, the co-ownership, and all parties involved. 

What are the biggest risks?

Damage to buildings (fire, water, storm)

Major damage can lead to high repair costs and a loss of value for your property. 

Damage to common areas and installations

Elevators, heating systems, and technical installations are crucial and vulnerable. 

Liability of the co-ownership or owner

Damage to third parties caused by defects in the building can lead to substantial claims. 

Water damage between units

Leaks often cause damage to other residents and can lead to disputes and costs. 

Damage caused by tenants or users

Careless use or incidents can lead to damage to the building. 

Legal disputes within co-ownership

Disputes between co-owners, tenants or suppliers can escalate. 

Incorrect valuation of the building

Underinsurance can result in significant financial losses in the event of damage. 

Stagnation and loss of income

Damage can temporarily make renting out or use impossible, impacting returns. 

Why insure in the real estate sector?

Covers damage to buildings and common areas.

Covers liability towards third parties and residents.

Covers the financial consequences of fire, water, and other risks.

Covers legal disputes and unexpected costs.

"A professional and reliable partnership, underpinned by personal commitment, prompt service and a strong sense of mutual trust."

Matthias De Belie

Director DEBA Meubelen

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Stories from our customers

Testimonial Antilope De Bie Printing
Antilope De Bie Printing

Bart De Bie: “Van Dessel is een betrouwbare partner die vooral met zijn maatwerk het verschil maakt.”

Testimonial Groep Steylaerts
Groep Steylaerts

Patrick Steylaerts: “Wij hebben het volste vertrouwen in onze verzekeringspartner Van Dessel.”

Bram Gers van Germo bvba
Germo bvba

Bram Gers: "Vooral het maatwerk is de reden waarom ik met Van Dessel in zee ben gegaan."

Tom Bolsens van Van Wellen Group
Van Wellen Group

Tom Bolsens: "We waren verrast dat er uit zo'n kleine hoek dreiging kon komen."

Our promise to you

Personal & involved

a tailor-made partner

We start from your specific situation and take the time to thoroughly understand your risks, needs, and objectives. This way, you receive advice and guidance tailored to your business and everyday practice.

Expertise & experience

already 80 years in insurance

Thanks to our years of experience, we analyze your risks and insurance needs with a broad perspective. We provide a well-thought-out approach, clear solutions, and the right protection for your business.

Customization & innovation

beyond standard insurance

No standard formulas, but solutions tailored to your activities and challenges. From analysis and implementation to support in case of claims: we provide an approach that works in practice.

Would you like to receive a quote?

Are you active in the real estate sector as a property manager, investor or property owner? We would be happy to assess your property portfolio and develop an insurance solution tailored to your needs and objectives.

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Need help? Contact us.

Didn't find the answer to your question, or would you like to discuss your situation with a specialist? Our colleagues are happy to help you.

Prefer faster help? Check out our frequently asked questions.

Is insurance for co-ownership mandatory?

Yes, fire insurance for apartment buildings is legally required within co-ownerships. 

What exactly is a block policy?

A block policy insures the entire building and the common parts for all co-owners together. 

Are individual apartments fully insured?

The structure is usually included, but residents' contents must be insured separately. 

How is the value of the building determined?

Through an accurate assessment or appraisal, so that underinsurance is avoided. 

What happens in the event of damage between apartments?

The insurance handles the damage according to the cause, possibly with the involvement of liability coverages.