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Property insurance specifically for UK expatriates living in Spain is available through our partners Intasure. You get comprehensive cover underwritten by one of the world’s leading insurers, Norwich Union, that includes essential features such as cover during letting and protection when your property is unoccupied. It also covers parts of your home excluded in ‘community’ policies.
The following covers apply at all times to the buildings insurance: fire, aircraft, explosion lightning storm and flood, theft, riot and malicious damage, impact by vehicles, trains, animals or falling trees, earthquake. Subsidence cover is free.
- Accidental damage whilst property is occupied by the insured or family us available at extra cost.
- Public Liability cover of up to1,500,000 euros is included.
- The Sum insured can be increased to 7,000,000 euros for an additional premium.
- Breakage of glass and sanitary fittings.
- Trace & Access up to 2,500 euros.
- Debris removal, architect’s and surveyors fees.
Contents – this policy is index linked, on a new for old basis.
The basic cover for Contents of the property is similar to that for Buildings. Also included in the cover:
- Theft by violent and forcible entry
- Theft and loss of keys.
- Loss/ theft if garden furniture and contents in the open up to 1,500 euros.
- Occupiers and Personal Liabilty cover of up to 1,500,000 euros is include.
Optional cover for an additional premium for:
- Unspecified valuables and personal effects including 500 euros for personal money and 750 euros for fraudulent use of credit cards
- Specified valuables for items over 1,500 euros each. (Proof of purchase or current valuation is required for individual items in excess of 3500 euros)
- Pedal cycles
Type of property covered
The policy is designed to cover property overseas. The policy does not cover mobile homes, caravans, beach huts or any thatched properties
Summary of Intasure’s flexible cover
- Your cover is underwritten by one of the world’s leading insurers – Norwich Union
- 20% introductory discount in the first year of the policy (subject to claims experience). This will also apply to your renewal premium after one year
- You can further reduce your premium by up to 10% with an increased excess
- Your property is covered whether occupied or unoccupied
- Your property is covered if let short term or long term
- Excess from just 150€
- All policy documents are in English
- Policy covers your swimming pool as well as buildings
- Policy covers public liability of 1,500,000€ in regard to buildings and contents (traditionally, Spanish policies provide minimal public liability cover)
- Loss of rent included following a claim
- Covers the purchaser of your home during the period between exchange of contracts and completion
- Covers temporary accommodation following a claim
- Wider cover than a standard Spanish buildings and contents policy
- Wider cover than a ‘community’ policy
- Covers your children’s goods at universities in Europe; wedding gifts, office equipment, contents in your gardens, power surge damage and credit card fraud
- All claims are reported to and resolved by a UK based English speaking team
- Claims handled by local loss adjusters working for a UK adjusting organisation
- Claims paid in euros
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Expatriate home insurance guide: