Real estate insurance
So, you can be congratulated — you have become the owner of your home in Spain. The mild climate and friendly atmosphere are what attract new residents here. It is very important to protect your property from all sorts of troubles.
From the point of view of Spanish law, home insurance is not mandatory, however, it is one of the most popular types of insurance in the Kingdom (second only to car insurance) and this is no coincidence because no one is insured against flooding, theft or a breakthrough of any pipe.
The standard insurance package usually includes such insured events as –
- water damage (leakage/flooding)
- fire and smoke
- property theft/robbery
- Civil responsibility
- damage from natural disasters
If desired, the policyholder can expand the policy to include, for example, legal support, acts of vandalism, an inspection of outlets, the extermination of harmful insects, etc.
The cost of insurance is calculated depending on the type of housing (apartment, duplex, private house, etc.) year of construction and subsequent repair, area of housing and adjacent territories, the value of the property, and settlement.
Our Agents will advise you on any insurance issues and select a policy depending on your needs, lifestyle, and wishes.
Also, in the event of an insured event, we will help you contact all the necessary services and provide all necessary assistance.