Insuring your home

Once you’ve purchased a property in Spain, we recommend you insure both building and contents adequately.

Building insurance

Standard building insurance provides cover for the property itself, including the structure and fixtures, based on the insurable value (calculated as the cost of rebuilding the property, not including land), in line with standardised tables. The quality of the build affects its value, hence if your property is built with very high-quality materials, you should ensure the insurer is duly informed.

Contents insurance

This provides cover for everything that is not an integral part of the structure and fixtures of the property, including such items as furniture, electronics, white goods, jewellery, and other personal belongings. Typically, policies include umbrella coverage up to a certain sum, but may have limitations for specific items, so if you do own objects of value, confirm these are covered by the policy or pay a supplemental fee to include these. You should be able to reduce insurance premiums by fitting security measures, such as burglar alarms, window bars or shutters, and reinforced doors. Ask your insurer whether this is worthwhile in your case.

Third party liability and renting your property 

Almost all home insurance policies sold in Spain include some kind of third-party liability coverage for any claims that could result from issues with your property. This may well be less than you are used to if you live abroad, but awards for damages are also generally lower. If you plan to rent out your property, you should ensure your insurer is informed and your policy covers additional risks, if necessary.

Community Insurance

If your property is located in a development, the community may already have insurance in place to cover the building and third-party claims, but we recommend you always insure your own property individually. Any contribution to community insurance premiums is usually included in the monthly or annual community fees.

Costs

Home-insurance premiums in Spain are relatively cheap compared to many other countries. There are various online comparison sites where you can tailor a quote to your particular needs, but we can provide details of reputable insurance brokers who are used to dealing with overseas clients. We also offer specialised insurance for high-value properties from insurers such as Hiscox.

For recommended insurance providers please contact us.


Properties for sale

New
Development
San Pedro de Alcantara, Brand new cutting-edge beachside villa for sale in Elite Villas, Cortijo Blanco, San Pedro de Alcantara

Brand new cutting-edge beachside villa for sale in Elite Villas, Cortijo Blanco, San Pedro de Alcantara

Ref. TMNV0905

  • 4 beds
  • 4 baths
  • 247 m² built
  • 836 m² plot

An exciting new project from acclaimed Málaga based architects, AMES Arquitectos, Elite Villas is a boutique development of just 4 luxury villas. Located a short stroll from the seafront this contemporary...

1,995,000 €
New Listing Nueva Andalucia, 3 bedroom townhouse for sale in gated Nueva Andalucia community, Sol Europa

3 bedroom townhouse for sale in gated Nueva Andalucia community, Sol Europa

Ref. TMRT0807

  • 3 beds
  • 2 baths
  • 132 m² built
  • 25 m² terrace

A great opportunity to purchase a Nueva Andalucia 3 bedroom townhouse in the secure gated community of Sol Europa. As you enter the property you are greeted by the spacious and luminous living/dining room...

330,000 €
New Listing Casares, Elegant ground floor apartment with sea and golf vistas for sale in La Herencia next to Doña Julia golf course, Casares

Elegant ground floor apartment with sea and golf vistas for sale in La Herencia next to Doña Julia golf course, Casares

Ref. TMXA1203

  • 2 beds
  • 2 baths
  • 85 m² built
  • 44 m² terrace

This elevated ground floor apartment boasts plenty of privacy, unobstructed sweeping views, and stylish high-end finishes. Located within the peaceful development of La Herencia next to the Doña Julia golf...

220,000 €
New Listing Benahavis, Spacious Mediterranean style villa on a mature plot with sea views for sale in Puerto del Almendro, Benahavis

Spacious Mediterranean style villa on a mature plot with sea views for sale in Puerto del Almendro, Benahavis

Ref. TMXV1851

  • 5 beds
  • 5 baths
  • 400 m² built
  • 3.437 m² plot
  • 125 m² terrace

This partially refurbished villa is charming and inviting, situated on a large plot with mature gardens and shade trees that affords lovely sea and mountain views, located in Puerto del Almendro in...

1,995,500 €