Any natural or legal person is liable to cause damage to a third party, whether by action, omission or negligence

The damage may entail criminal consequences, when the action, omission or negligence is classified as a crime, civil consequences when it is understood that it is not a crime, it is necessary to repair or replace the situation prior to the damage or both.

Civil liability is based on articles 1.902, 1.903 et seq. of the Civil Code:

Article 1.902 of the Civil Code establishes: “Anyone who by action or omission causes damage to another, through fault or negligence is obliged to repair the damage caused.”

Article 1.903 adds: “The obligation imposed by the previous article is enforceable, not only for one’s own acts or omissions, but also for those of those persons for whom one must be liable.

In the background, there is the underlying principle that in the event of damage caused and that must be repaired, the person who benefits from the existence of the work or service must be held accountable.

Civil liability insurance, like any insurance, consists of transferring the uncertainty of the cost that one or more damages caused to third parties may entail for the economy of a person, whether natural or legal, to a company in exchange for a known cost, the premium and up to the contracted limits.

In our opinion, civil liability insurance is of vital importance, in fact it is already mandatory in a multitude of activities, because unlike damage insurance, for example the all-risk insurance of a car, the consequences of a damage / claim are unforeseeable.

For this reason, EXTRA HOMES , whose administrator is FRICS by the prestigious institution, has contracted following the obligations set by it.