In the weeks following Hurricane Patricia, the communities that were not as severely affected have gone out of their way to help the communities that were in the storm’s path. People in communities all along the Pacific coast have held fundraisers, donated money and items, and personally driven to the affected areas to provide assistance to those in need.

Mexico is a country vulnerable by its geographical location to natural phenomena, the impact of these events has significant economic and social repercussions.

Fire is one of the most destructive accidents that occur in a home or establishment, coverage against fire is one of the principal coverages in Home Insurance, highlighting coverage against a lightning strike resulting in a fire in the home.

The collaborative economy is the new way of doing business. One of the most successful examples is Airbnb. Renting a short-term home through this platform seems like an easy way to get fast cash without so much work or investment, especially with the growing popularity of vacation rentals. However, despite the numbers demonstrating its economic benefits at full scale, this business model has become a challenge for prevention.

This is insurance designed to cover the responsibilities that arise from properties used for temporary rental and lodging through portals or applications in the sharing or collaborative economy. The insurance compensates the property owner for liability to a third party, for damage or injury caused unintentionally during the rental period. It includes the following coverages.

If you own a home or condo,your wealth may disappear overnight due to a fire, hurricane, or earthquake. You may also have partial damages that affect your economy and that may force you to rent a temporary space in which repairs are made and you can return to your home.

All condominium associations must have an HOA master insurance policy to protect common areas against damage caused by the risks they face in their daily operation. These exposures include: fire, explosion, lightning, earthquake, volcanic eruption, storms, hurricanes, floods, avalanches, landslides, damage to third parties and owners within the facilities, breakage of machinery and electronic equipment, theft, and breakage of glass.