HOME INSURANCE IN SPAIN
TAYLOR COVERAGE
Choose the coverage that best suits you
for a home insurance in Spain
Home insurance in Spain helps protect your property and belongings. Viva Finance is not an insurance company and does not provide insurance advice or issue policies. We can connect you with trusted insurance professionals so you can request quotes and review available cover options directly.
Basic + theft
- Theft and damage due to theft
- Water damage
- Fire, explosion, smoke and total ruin
Plus
- Burglary inside and outside the home
- Pipe breakage
- Pest control service
Extra
- Leaks through walls and facades
- Aesthetic damage
- Preventive unclogging
All Risk
- Pet and plant assistance
- Electrical damage
- Damage to furniture
Types of Home Insurance in Spain
Providers structure home insurance in different ways, but most policies combine building protection with coverage for belongings and additional risks such as water damage, theft or liability.
Building
This covers the physical structure of your home: walls, roof, windows, plumbing, electrical installations and heating systems. It is typically required by lenders when taking out a mortgage.
Contents
This protects everything inside the property such as furniture, appliances, electronics and personal belongings. Renters often choose contents-only insurance.
Comprehensive (multirisk)
The most common option in Spain. It combines building and contents coverage with additional protections including water damage, theft, fire, liability and emergency home repairs.
Home Insurance Coverage Comparison
| Coverage | Basic + Theft | Plus | Extra | All Risk Best cover |
|---|---|---|---|---|
| Fire, explosion, smoke and total ruin | ✔ | ✔ | ✔ | ✔ |
| Natural phenomena | ✔ | ✔ | ✔ | ✔ |
| Theft and theft-related damages | ✔ | ✔ | ✔ | ✔ |
| Electrical damage | Up to €500 | Up to €1,500 | ✔ | ✔ |
| Breakage of glass, marble, sanitary ware | Up to €500 | Up to €1,500 | ✔ | ✔ |
| Water damage (pipe breakage) | — | Up to €300 | Up to €1,000 | Up to €1,000 |
| Civil liability | Up to €300,000 | Up to €2,000,000 | Up to €2,000,000 | Up to €2,000,000 |
| Aesthetic restoration expenses | Up to €1,000 | Up to €3,000 | Up to €12,000 | Up to €12,000 |
| Burglary inside the property | — | Up to €300 | Up to €5,000 | Up to €5,000 |
| Burglary outside the property | — | Up to €1,500 | Up to €2,600 | Up to €2,600 |
| Lock replacement (key theft) | — | — | ✔ | ✔ |
| Additional services (pest control, pets & plants assistance, etc.) | — | ✔ | ✔ | ✔ |
Note: Coverage and limits can vary by insurer and policy wording. Always confirm final terms directly with the insurer.
What types of home insurance is offer?
There are four types, ranging from Basic + Theft coverage that includes civil liability to All Risk, one of the most complete home insurance options in the market. You can view the different coverages in our comparison chart.
What do I need to do if I have an incident at home?
Your first step should be to implement necessary measures to minimize the impact of the incident, always prioritizing safety considerations. After taking these precautions, get in touch with your Allianz Advisor to inform us.
I am buying a property and the bank is offering a home insurance?
When you secure a mortgage to purchase a property, the financial institution will require you to obtain an insurance policy covering at least third-party fire and theft, with a minimum coverage amount equal to the mortgage value, possibly in exchange for a reduction in the applied interest rates. However, you are not obligated to purchase insurance directly from the company they recommend. You have the flexibility to choose any insurance provider and simply provide a copy of the policy to your mortgage provider. Have in mind that if you dont do the home insurance with them they can change the offer.