Home Insurance in Spain

In Spain, it is particularly important that your home and its contents are insured for their correct value to cover fire, theft, water damage and other potential risks.

Home insurance is the most important type of voluntary insurance and is recommended whether you own your home or live in a rented property.

If you have a mortgage on your property, home insurance is generally mandatory. However, you are not obliged to take out the insurance with your mortgage provider.

Contents

When determining the value of your household contents, it is important to note that kitchen units and bathroom fixtures are considered part of the contents in Spain. The value of the contents should be calculated based on their replacement value as new, at current prices.

Coverage

Generali offers a wide range of home insurance products for primary residences, holiday homes, rented homes and rental properties.

For example, Generali Complete Home for primary residences is an exceptionally comprehensive home insurance policy in Spain. It covers, among other things:

• water damage, explosions and fire, as well as damage caused by natural events
• repair of leaking pipes without resulting water damage (max. €600)
• clearing blocked pipes and drains (max. €300/claim/year)
• refrigerated and frozen food (max. 1% of the insured contents value/max. €500)
• vandalism and malicious damage
• glass and mirrors in the home
• ceramic hobs and induction cooktop glass surfaces
• marble and porcelain fixtures in the property
• total destruction caused by construction work carried out by third parties
• electrical damage caused by lightning, power surges or theft
• demolition, debris removal and salvage costs resulting from damage (max. 25%)
• burglary and theft from the home, including: burglary involving forced entry into the property and resulting damage, damage to furniture and fixed fittings, burglary in annexes/storage rooms/outbuildings (max. 10% of the insured contents value/max. €1,500 per item), cash stolen during a burglary (1% of the insured contents value, max. €1,000), locks and keys following burglary or robbery (max. €600)
• replacement of locks and keys due to loss (max. 2% of the insured contents value/€600)
• robbery involving violence outside the home (max. €1,500; cash max. €300 and mobile phones and electronic devices max. €500)
• aesthetic repairs to the property and its contents
• liability insurance (€300,000)
• legal protection (€6,100)
• assistance services (Home Assistance, pest control max. once/year)
• new comprehensive coverage against illegal occupation (squatting), including up to €6,100 for legal and other administrative costs to recover possession of the occupied property, damage caused by squatters to household contents, mediation costs (max. €3,000) and psychological support (max. €3,000)

always subject to the terms and conditions of the insurance policy.

Home Insurance Claims

In the event of a claim, call Generali Seguros' 24-hour assistance service on 900 556 000 or +34 917 229 123 when calling from a non-Spanish mobile phone. An assessor and, if necessary, repair professionals will then be sent to the property. In the event of theft or burglary, report the incident to the police and send the police report to us at info@seguria.es.