Helping Hands

Home and Contents Insurance

Home Owner Services is able to organise insurance on your behalf, from the moment of handover, for both your Home and its Contents. We work with MAPFRE, a leading insurance company, who are one of the largest in Spain. We have found that their Homes Policy, which they provide in English and Spanish, is very comprehensive and their response to claims is prompt and professional.

Approximately two months before the handover of your property is due, the person dealing with insurances in this department will contact you and e-mail the appropriate forms for you to complete. You need only provide an estimate of the value of contents, including white goods, as the insurance company are familiar with the building costs applicable to your home. We will then obtain a no obligation quote.

Factors that affect the premium are the area of the property, amount of contents insurance, permanent residence or holiday home, letting of the property, Multi-risk or All-risks option and amount of third party cover.  Here are two examples at each extreme.

Apartment (104m2)	House  (185m2 + 154m2 terraces)
Contents 20 000 Euros	Contents 60 000 Euros
Permanent home	Holiday  home
Letting - No	Letting  - No
Multi-risk price = 230.00 Euros	Multi-risk price  = 720.00  Euros
All-risks price   = 253.00 Euros	All-risk price      = 837.00 Euros

Banks in Spain frequently offer apparently cheaper quotes, but our investigations have shown that a number of covers are often lacking, so please check the extent of that cover first. You should bear in mind that the premiums may be more expensive because you are letting your home. However, it is very important that you advise the insurance company of this and that you do not forget to do so, if you start to let at some time in the future.

The insurance policy can be pre-set to commence automatically from the day you sign your property deeds at the Notary. Policies are automatically renewed annually including inflation indexation. Payment of premiums is by direct debit from your Spanish bank account to MAPFRE.

Should you have any queries regarding insurance please:- 

• Call in at The Desert Springs Resort Information Centre or The Villaricos Sales Office between 9.00am and 2.00pm
• Telephone Brigid on (00 34) 607 617 430 between 9.00am and 2.00pm or
• Email Brigid: bei@almanzora.com at any time

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