HOME INSURANCE

What coverages can I get with a home insurance in Spain?

Fire

Internal or external explosion, smoke damage.

Electric phenomena

Short-circuits, overloads and lightning inductions, damage to installations and electrical appliances.

Water damage

Water spillage, leaks, overflows, burst pipes, non-catastrophic flooding and failure to turn off taps.

Storms

This includes lightning, wind, hail, snow and rain.

Impact

Such as falling aircraft or collision involving vehicles or animals and sonic waves.

Damage

Glass, marble surfaces, such as kitchen worktops, sinks, basins, toilet bowls and ceramic hobs.

Theft, pillage, robbery and mugging outside the home

An expat home insurance in Spain may cover theft, break-ins and replace or repair your belongings if they have been damaged.

Domestic Emergencies

Plumbing, electricity, security, lock smith, TV and video.

Complementary coverage

Food in refrigerator, temporary transfer or rent of temporary housing, travel and journeys, replacement documents.

Expenses

Fire brigade, clearance, salvage, temporary accommodation, replacement of documents, cleaning, locating conduits and deposits, fitting glass, marble, bathroom units and vitroceramic hobs, surveying of extraordinary losses, intervention by architect and technical architect.

Public liability

Real estate, private, family, head of family and owner of animals. Damage from water leaks.

Legal protection and advice

Claims for: damages to insured goods, nuisance for smoke or gas, faulty services, easement disputes, breach of contract on domestic goods.
Conflicts with: owners’ associations, rental contract. Defense: as member of the board of the owners’ association, claims by domestic service.

Protecting Your Spanish Property: Why Reliable Home Insurance in Spain is Essential

Owning or renting a property in Spain is a dream come true, but protecting that investment shouldn’t be left to chance. Whether it’s your main residence, a holiday getaway, or a rental property, securing robust Home Insurance in Spain is your ultimate safety net against the unexpected—from severe weather and fire to theft or accidental damage.

Here is why having the right coverage is a non-negotiable for expats:

Comprehensive Coverage (Building & Contents): We ensure your policy covers not just the physical structure of your Spanish home, but also your valuable personal belongings inside.
Crucial Legal Liability: Spanish law can be strict. If a guest, tenant, or even a neighbor is injured on your property, your insurance covers the legal fees and compensation, protecting your savings.
Alternative Accommodation: If a disaster makes your home temporarily uninhabitable, your policy will cover the cost of staying elsewhere so you are never left stranded.

Don’t let unforeseen events turn your Spanish dream into a financial nightmare.

Why choose our insurance brokerage?

TOP-TIER PROVIDERS

We partner with Spain’s most trusted and financially secure insurance companies.

This guarantees you reliable coverage, fast responses, and policies specifically tailored to meet the unique needs of expats.

OPTIMAL VALUE & COVERAGE

We actively scan the entire market to find the perfect balance between comprehensive protection and competitive premiums. We secure the best possible guarantees so you never overpay for your peace of mind.

DEDICATED CLAIMS SUPPORT

Facing an incident in a foreign country can be overwhelming. Our in-house, English-speaking team handles all the Spanish bureaucracy and negotiates directly with insurers on your behalf, start to finish.ing.

OUR CLIENTS

BMI Brokers Spain - Insurances for Expats

4.8

Based on 96 reviews

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Steven Moody

6 months ago

Parking available next door in The Food Co British shop

Sarah Hockley

6 months ago

Victoria was amazing to deal with for a last minute car re-insurance. She was so quick to find me the best deal and organise all the details. She found me a deal significantly better than what I had been offered by my original insurer and sent me all details within 2 hours of first making contact. Highly recommend!! Thank you Victoria!

S F

7 months ago

I recently had a very positive experience with BMI Brokers. I contacted them just a few days before Christmas to request a home insurance quote and was helped by Alejandro Molina. From the outset, Alejandro was extremely efficient, responsive, and clear in answering my questions.

What impressed me most was the speed and professionalism of his responses, especially given that it was over the Christmas period. He quickly understood exactly what I was looking for, found the right policy for my needs, and had everything set up in record time.

I would highly recommend BMI Brokers and would particularly like to commend Alejandro for his excellent service.

Louise

7 months ago

Victoria was absolutely amazing in sorting our health insurance for our NLV, we couldn’t have done it without her. Always quick to respond and a pleasure to deal with. Would definitely recommend.

Trish Sebastian

8 months ago

We were referred by our immigration lawyer to Jeremy to help us decide which insurance to procure for our residency application in Spain. It was a very seamless and straightforward process working with Jeremy. He was very knowledgeable. Communication and response times were excellent. He helped us navigate this process which otherwise would have been overwhelming and intimidating. We would highly recommend Jeremy to anyone looking for health insurance in Spain.

Samantha Dogan

10 months ago

We recently worked with Jeremy at BMI Brokers to arrange an insurance policy, and the experience was excellent. He was extremely fast, knowledgeable, and thorough in explaining all of the details. Jeremy made the process simple and stress-free, and he was always helpful and responsive to our questions. We truly appreciated his efficiency and professionalism in guiding our family through everything. Highly recommend working with him!

FAQS Home Insurance in Spain

Home insurance coverage

A home insurance in Spain covers the damages caused to your home and the contents inside for any inconvenience. You can cover both the damage for the home itself and the happened to a third party.

Is it compulsory to have home insurance in Spain?

In some countries, such as Spain, it is not compulsory to take out insurance, but it is highly advisable to contract one in order to avoid future unexpected costs that could lead to a major economic problem.

What are the benefits of home insurance?

Home insurance protects our patrimony. Home insurance is a guarantee of civil liability. Home insurance covers robbery and theft and all common incidents. Also, it covers additional expenses and legal and health assistance.

Why choosing BMI in your expat home insurance in Spain?

Searching for the right expat home insurance will be easier if you count on us.

CUSTOMISED SERVICE

We give you personalised attention to resolve your doubts and find the best insurance that fits your needs.

MADE TO MEASURE

We tailor the policy to your needs; with the exact cover you need so that you will not be taken by surprise in the future.

Experience

Our more than 30 years in the sector are the guarantee of professionalism and experience to achieve your satisfaction.

Understanding the Cost of Home Insurance in Spain

When planning to protect your home in Spain, understanding the nuances of home insurance costs becomes paramount. This comprehensive guide offers an in-depth analysis of what factors influence home insurance pricing in Spain, ensuring you make an informed decision to safeguard your property.

What Influences the Cost of Home Insurance in Spain?

The cost of home insurance in Spain is affected by several key factors, including:

Location and Risk Factors: Coastal areas prone to flooding or regions with higher burglary rates might see elevated insurance costs.
Type and Age of Property: Newer homes with modern safety features may benefit from lower premiums compared to older, traditional Spanish villas.
Coverage Options: Choosing between basic coverage and a comprehensive policy that includes natural disasters, theft, and third-party liability can significantly impact your premium.
Personal Claim History: Individuals with a history of multiple claims might face higher premiums due to perceived increased risk.

Tips for Reducing Home Insurance Costs in Spain

Reducing your home insurance premiums in Spain is possible with a few strategic choices:

Increase Security Measures: Installing burglar alarms, fire detectors, and other security systems can lower your risk profile.
Opt for a Higher Deductible: Agreeing to a higher out-of-pocket expense in the event of a claim can reduce your annual premium.
Bundle Policies: If you have other insurance policies (e.g., car insurance), bundling them with the same provider can offer discounts.

Excellence in Claims Handling: Spain’s Best Home Insurance Providers

Securing your home with insurance is a critical step for any homeowner in Spain. However, what truly sets a home insurance provider apart is the excellence in claims handling. This article delves into Spain’s top home insurance providers known for their superior claims service, ensuring you make an informed choice for comprehensive protection and peace of mind.

The Importance of Efficient Claims Handling

Efficient claims handling is the cornerstone of a reliable home insurance provider. It not only reflects the company’s commitment to serving its customers but also ensures that you are quickly and fairly compensated for any loss or damage. We’ll explore the key components that contribute to exemplary claims handling:

Speed and Efficiency: How quickly a claim is processed can significantly impact a homeowner’s experience.
Transparency: Clear communication throughout the claims process is vital for customer satisfaction.
Fairness: Assessing claims fairly and accurately ensures that policyholders receive the compensation they deserve.

How to Ensure a Smooth Claims Process

Being prepared can significantly streamline the claims process. Here are some tips to ensure a smooth experience:

Document Everything: Keep a detailed record of your belongings and any correspondence with your insurer.
Understand Your Policy: Knowing the specifics of your coverage can help avoid any surprises during the claims process.
Immediate Reporting: Report any damages or losses to your insurer as soon as possible to initiate the claims process promptly.

Analyzing Different Home Insurance Policies in Spain

Guarantees of home insurance coverage

Movable Goods
Movable goods are the objects that are part of the house but are not included in the structure. Because of their tangible nature, movable goods can be moved from one place to another without being damaged. Some examples of movable property are televisions, clothing, jewellery, vehicles, furniture, artworks, etc.
Immovable Goods
Immovable goods are defined as those things that are part of a structure and cannot be moved without damage. Immovable property includes buildings, parcels, estates, garages, roads, or rights over the title of the property such as the right to buy, sell, lease, among others
The Third Part Liability
One of the benefits of home insurance is that it generally covers the damage that has been caused to other persons or to other properties as for example in case of a fire.

How to take out adequate home insurance

To determine which Home Insurance is best for you, consider the following keys:

Do a total valuation of all the goods in your home, both movable and immovable.
Take out an insurance policy that provides full assistance, every day of the year and 24 hours a day.
You have to define all the characteristics of your home: number of years of construction, the area where it is located or the square footage, among others.
Depending on the amount you will pay, the policy will cover some contingencies. The more you pay, the greater the coverage.

Other solution to enjoy the major benefits of an insurance contract is to count on specialists who will help you find the one that best suits your needs.

At BMI Spain, we are specialized in insurance. You can count on us to find the company that has a policy that suits your needs and you do not have to worry about anything else.

If you have any questions, please do not hesitate to contact us, we will be happy to help you find the ideal home insurance for you and your family.