Home Insurance In Spain

Having home insurance in Spain gives you peace of mind knowing that your Spanish property and the contents of your house are covered 24 hours a day whether you live in Spain permanently or if you have just a holiday home in Spain. It is essential that you arrange suitable home insurance cover in Spain and in fact this is usually a legal requirement if you have a mortgage in Spain.

We can offer you an extensive home insurance policy in Spain covering all your possible needs. Not having home insurance could be a very expensive mistake should something happen to your house or it's contents!

There are important facts to take into consideration when taking out home insurance in Spain.

Things to consider when applying for home insurance in Spain

• Security arrangements
• Occupancy
• Property rentals
• Year of construction of the property
• Square meter of the built up area of the property
• Retaining walls
• Type of property to be insured
• The insured persons
• Beneficiaries on the policy

Home Insurance Policy summary

• Fire, explosion and lightning
• Water damage
• Risks derived from natural events
• Flooding
• Vandalism
• Smoke damage
• Collision, crashes, falling aircrafts & sonic boom
• Breakage of glass, mirrors, marble, granite, vitro-ceramic surfaces
• Theft with violence, mugging or intimidation
• Valuable objects
• Cash
• Mysterious disappearance of valuable objects
• Mugging
• Credit card cover
• Key and lock replacement
• Miscellaneous expenses
• Electrical damage
• Aesthetic damage
• Garden reconstruction
• Refrigerated items
• Garden furniture
• Garaged vehicles
• All risk accidental damage to the building
• All risk accidental damage to the contents
• Liability
• Home assistance
• Professional services guaranteed
• Family legal defence/claim for damages
• Emergency home assistance 24 hrs

Home insurance consideration details

Security arrangements

When you insure your property it is very important to declare to your insurance agent the protection you have on your property if at all. In other words state clearly whether or not there are iron grills on all accessible windows, if the entrance doors to the property are steel reinforced, PVC or wooden. Declare whether or not you have a burglar alarm and if this is connected up to a central or not also if a safe has been installed.

Occupancy

It has to be stated on the policy the amount of time that the house is unoccupied for if it is left vacant for longer than 30 days.

Property rentals

If the property is owned by you and rented out this should be stated on the policy. What you must remember is that the insurance policy you have subscribed to is insuring you and your personal effects not that of a third person so therefore if it is a short term rent we recommend your tenants have a travel insurance to take care of their personal effects or if it is a long term rental then tenants should take out a contents only policy on their personal effects. If a theft should occurs the third party's contents would be insured but with a restricted amount on the payment.

Vandalism and fire damage would be covered by the policy but if you tenants should steal from the rented property it would not be covered as theft is covered when it is a forced entry into the property and tenants would have had access to the property.

A special legal defence policy is available see main page for more details.

Year of construction of the property

The year of construction of the property has to be declared along with the year that the property has been reformed i.e. new electrical installations and water pipers renewed.

Square meter of the built up area of the property

The correct sum insured is calculated according to the built up area of the property including adjoining buildings, garages, swimming pools, retaining walls etc when constituting an integral part of the home.

Retaining walls

All retaining walls should be declared to the insurer by merely stating their value only.

Type of property to be insured

This is usually broken down into the following:- Apartment, Penthouse, townhouse, terraced/semi-detached house, independent house. If it is in an isolated area this has to be stated. Isolated is usually referred to us not having any other neighbours or houses within 1 km of your property.

The insured persons

If there are two people living together who are not spouses both names should be added to the policy.

Beneficiaries on the policy

If a banks name has to be stipulated on the policy due to a mortgage etc. this can be done. Most mortgage providers will not let you have a mortgage without building insurance being in place. You are not legally required to take the insurance out through the bank and it is definitely more beneficial to ask your insurance broker.

Policy summary details

Fire, explosion and lightning

This would cover damage caused to the insured property due to the direct material damage caused by fire, explosion and even when no fire ensues including internal boilers, water heaters, fixes installations and piping and also the direct action of Lightning.

Water damage

This would cover the cost of burst pipes, leaks, escapes and overflows stemming from insured devices and installations. Also covered would be the Location and repair of damages including damages caused by water from other homes. Plumbers charges to locate and repair the damage.

Risks derived from natural events

Material damages caused by the action of rain, storms, frosts, tornados, hail, snow, wind and hurricanes so long as the damage is not covered by Consortium that usually cover Natural abnormalities

Flooding

This would cover damages occurred by the flooding of lakes, reservoirs, rivers, streams, canals, irrigation ditches, swamps and man-made surface channels. The flooding due to drains and other similar piping..

Vandalism

Any damage sustained to the insured property as a result of vandalism or ill intent.

Smoke damage

Smoke damage is covered when the cause of the claim is either from the insured property or in the near vicinity.

Collision, crashes, falling aircrafts & sonic boom

Any damage occurred to the insured property due to cars, animals, falling aircrafts, satellites, trees, flagpoles, radio and television antennas

Breakage of glass, mirrors, marble, granite, vitro-ceramic surfaces

Any damage caused to the above due to accidental breakage.

Theft with violence, mugging or intimidation

The above covers are all guaranteed when inside the home.

Valuable objects

Any one item is covered up to the amount of 2.000 €, thereafter items have to be itemised on the policy. If one item of jewellery is over the sum of 6.000 € this has to be kept in a safe.

Cash

Cash is guaranteed on a first loss basis but there is a restricted amount according to the policy conditions.

Mysterious disappearance of valuable objects

The removal of the insured's property against his will inside the insured property without force, violence or intimidation.

Mugging

Any loss sustained due to a mugging, theft or intimidation done by a third party in public places. Replacement of official documents is covered. Limitation applies.

Credit card cover

Fraudulent use of a credit card is covered within the first 48 hours of the card having been reported stolen.

Key and lock replacement

The replacement of keys and locks is covered due to a theft, mugging or mysterious disappearance.

Miscellaneous expenses

All justified expenses incurred due to an accident such as Fire brigade expenses, salvage of personal property, replacement of important documents, and temporary accommodation due to the insured home being uninhabitable.

Electrical damage

The repair or replacement of electrical items is covered due to surges or inductions caused by Lightning, abnormal currents, short circuits and combustion.

Aesthetic damage

This is covered when a claim arises and it is not possible to repair the affected area with the same materials or aesthetically similar.

Garden reconstruction

Reconstruction of the garden is guaranteed against fire, explosion, lightning, vandalism, smoke and debris removal.

Refrigerated items

Foods kept in the fridge or freezer  that are not able to be used due to a malfunction of the fridge, accidental leak of coolant liquid or gases or failures in the electrical supply lasting over 6 consecutive hours.

Garden furniture

The furniture is covered in the garden, terrace or balcony in the event of an accident.

Garaged vehicles

Material damage or disappearance of a vehicle as a result of fire, explosion, lightning, theft with violence and intimidation is covered when the vehicle has been declared on the policy. (Cover to be requested)

All Risk Accidental Damage to the Building

Material damage caused to the insured property regarding the structure specifically covering Atmospheric, meteorological, seismic and geological phenomena that are not construed as extraordinary risks. Any landslides or settlement movements, subsidence or the sliding or softening of the land that is not construed as an extraordinary risk according to current legislation. (Cover to be requested)

All risk accidental damage to the contents

Any sudden, unexpected or spontaneous event caused by circumstances beyond the insured's control that causes material damage to the insured contents. (Cover to be requested)

Liability

In the event of the of the insured causing any harm as regards to bodily damage, material damage or direct damage involuntarily. This is applicable to Pets, such as dogs, cats and birds that are for domestic company- also Dangerous Dogs maybe covered according to the dangerous dogs list and the legal requirements. Third party liability for Fishing can be included according to the Legal requirements. Third party liability for Hunters using Weapons to hunt can be included according to the Legal requirements.

Home assistance

In the case of an accident covered by the policy the following can be arranged according to the policy conditions-

Hotel expenses, expenses for surveillance of the home, moving furniture and storage expenses, legal advice in the case of theft with violence, temporary replacement of TVs and DVDs, early return due to a serious accident, transmission of messages, restaurants, laundry service, sending of a doctor in the event of an accident, medical transport in the event of an accident, sending of qualified medical personnel, delivery of medicines, early return in case of hospitalisation or death of a family member, emergency locksmith.

Professional services guaranteed

The professionals listed below can be arranged for the insured within 24 hours:-

Plumbers	Plasterers	Electricians	Carpet layers
Glaziers	Parquet layers	Carpenters	Metal carpenters
Locksmiths	Upholsterers	Electrical appliances	Varnishes
TV's & VCRs	Window cleaners	Antenna installers	Contractors
Interphones	General cleaning	Builders	Small transports
Painting	Security guards	Blinds

Family legal defence/claim for damages

This would cover any unforeseen event or occurrence that harms the interest of the insured or changes his/her legal situation.

Emergency home assistance 24 hrs

Work is guaranteed of the repairers, labour costs, materials used and the transportation of the operators when the 24 hrs telephone assistance is requested.

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