At a minimum, insure the building to cover structural repairs. If the property has furniture/appliances, add contents. The optimal mix depends on how you use the home and the value of your property.
Home insurance in Spain
Price of the service
Free of charge for customers of the company
We provide a service for arranging property insurance in Spain. Our specialists will help you understand the Spanish insurance system and choose the optimal option for insuring your property in Spain.
Why is it necessary to take out home insurance in Spain?
Under Spanish law, home insurance is not mandatory. However, we still recommend insuring newly purchased property, because errors or accidents can always happen.
Main reasons:
- Financial protection — coverage of repairs to the building and contents in case of fire, flooding, or damage to building systems.
- Civil liability — compensation for damage to neighbors and third parties in the event of leaks, falling objects, or short circuits.
- Protection against theft and vandalism — reimbursement for stolen belongings and damaged locks/doors.
- Natural perils — under extended policies: wind, hail, flooding (in practice — according to the policy terms).
- Bank requirements — with a mortgage, building insurance is often a mandatory loan condition.
- Peace of mind for landlords — coverage of liability to tenants, rent downtime after damage, basic protection for furniture and appliances.
Additionally: assistance services (electrician/plumber), legal support for insurance claims, 24/7 helpline.
Risks without insurance
Financial
- Full repair costs after a fire/leak fall on the owner.
- Compensating neighbors’ losses from personal funds (if you flood the apartment below — you pay for their repairs).
- Loss of rental income due to downtime during repairs with no compensation.
- Theft — replacing doors/windows and purchasing new appliances at your own expense.
Legal and practical
- Lawsuits for civil liability.
- Conflicts with the homeowners’ association when common elements of the building are damaged.
- Stress and time spent organizing inspections, repairs, and negotiations on your own.
Comparison table: risks — with insurance vs without
| Risk | With insurance | Without insurance |
|---|---|---|
| Fire/leak in the apartment | Repairs to the building and/or contents covered within the insured sum; assistance services | Repairs and replacement of property entirely at the owner’s expense |
| Damage to neighbors (civil liability) | The insurer compensates the affected parties | The owner pays damages personally; lawsuits possible |
| Theft/break-in | Reimbursement for stolen and damaged items according to policy terms | Losses borne by the owner; restoration at own expense |
| Natural disasters (wind, hail, flood) | Covered under extended policies; terms and limits depend on the insurer | Full restoration costs |
| Rental downtime after damage | Optional loss-of-rent coverage | No income while utilities and other costs continue |
| Legal expenses | Legal support and claims handling included | Lawyers and expert assessments at your expense |
What’s usually included in the insurance
- Building (continente) — walls, floors, windows, utilities.
- Contents (contenido) — furniture, appliances, personal belongings.
- Civil liability — to neighbors and third parties.
- Assistance — emergency call-outs.
- Options — theft, glass, electronic devices, loss of rent.
If you have decided to insure property in Spain, you face the difficult task of choosing a reliable insurance company. In addition, there are several types of home insurance, and you need to select the one that fits your situation.
Alegria’s specialists will advise you on the key parameters, help you choose a suitable insurer, and handle the necessary paperwork.
Arranging property insurance in Spain through our company takes from 3 to 6 business days.
What does the property-insurance service in Spain include?
- Selection of possible insurance options for your home;
- Signing a contract with the chosen insurance company;
- Direct receipt of the insurance policy.
For questions about arranging property insurance in Spain, please submit a request on the website.
leave an application form for getting a consultation
Or contact us by phone, listed on the site.
FAQ
The law does not explicitly require all owners to insure, but with a mortgage the bank usually requires building insurance. In practice, even without a mortgage, a policy protects you from major expenses.
Yes, if civil liability is included. It’s recommended to set an adequate limit to cover serious leaks and fires.
Yes, advisable: it covers liability to tenants and theft/damage risks. For short-term rentals, check the conditions — in practice they vary.
At least once a year, or after renovations/purchasing expensive equipment — to avoid underinsurance.
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