AUTO INSURANCE: CAR INSURANCE IN SPAIN
Is car insurance compulsory in Spain?
The only type of insurance that is mandatory in Spain is third party liability insurance. It is mandatory for any vehicle registered with the DGT (Directorate General of the Road).Why take out car insurance?
The compulsory civil liability policy covers the repair of damage caused to a third party in an accident in which your vehicle is involved and for which you are responsible. The insurance policy covers the repair of the car, and also ensures the payment of appropriate compensation.What types of car insurance are there in Spain?
- There are 3 main auto insurance models under which you can insure your car: Your mandatory third party liability (Terceros): will cover damage caused by a third party through your fault.
- Compulsory third party liability + glass, fire and theft of your car (Terceros + lunas, incendio, robo): will cover your civil liability in relation to a claim from a third party, as well as damages related to glass breakage, fire and theft your vehicle.
- Complete insurance with and without deductible (Todo riesgo): in addition to the mandatory civil liability, the policy will cover any damage to your car.
