What is Cross Liability Coverage?
Cross Civil Liability is a type of coverage that exists in multi-risk insurance. It allows entities that are not considered third parties to be covered by civil liability if the insurance is activated.
What is this cover for?
This coverage applies to cases where there is insurance that affects a person who is not considered a third party, so that person can be compensated, such as a co-owner in a condominium insurance policy.
Some examples of cases covered:
- Pipe breakage affecting a condominium owner's property;
- A condominium owner's car is damaged after a broken garage door falls on it.
Which companies offer Cross Liability coverage?
- Allianz
- Zurich
- Caravel
These are some examples of companies that offer this insurance, however, not all companies include Cross Liability coverage in their multi-risk products. One such case is Tranquilidade product Tranquilidade common areas.
Can you take out civil liability insurance separately?
Cross Liability coverage is part of the condominium's multi-risk coverage and cannot be purchased separately.