It is an insurance policy that can be taken out for
a) The whole property (the whole property is insured under the same policy) with great advantages.
b) Part of the property (only some of the units are insured - a minimum of 50% of the units). This insurance maintains many of the advantages of having almost only one policy for the whole property. Common when one or more owners want to remain outside the condominium insurance policy
c) Common Parts - Insures the common parts of the property as well as problems that originate in that part of the building, such as plumbing, roofs and other common parts.
Care should be taken to insure according to the reconstruction value for the walls or the replacement value in new for the filling.https://dev.r2seguros.pt/blog/valor-de-reconstrucao-no-seguro-multirriscos