Landlord insurance in Spain

It isn't required by law, but it is strongly recommended, and if you have a mortgage your bank will require buildings insurance. What matters is that your policy states the property is let, so claims aren't disputed. Our plans are suitable for rental properties.

Not the home policy itself. Unpaid rent is covered by a separate Allianz rent guarantee policy (seguro de impago de alquiler), which we can arrange alongside your home insurance. Loss of rent after an insured event such as a fire is included from the Plus plan.

Vandalism and criminal damage are covered from the Basic with theft plan, and accidental damage is added in Comprehensive. Normal wear and tear is not covered by any insurance; that is what the tenant's deposit is for.

A tenant who stops paying is not treated as a squatter under Spanish law: the eviction (desahucio) goes through the courts. A rent guarantee policy covers the unpaid rent and typically the legal costs of the eviction; ask us for the exact conditions.

If you are tax resident in Spain, or a non-resident living in the EU or EEA, the premium is generally a deductible expense against rental income. Non-EU non-residents, including UK residents since Brexit, generally cannot deduct expenses. Check your case with your tax adviser.

Yes. Many of our landlord clients live in the UK, Ireland or elsewhere in Europe. We handle quotes, policy documents, renewals and claims by phone, WhatsApp, email or video call, in English.

Yes. Insure the furniture and appliances you provide as contents, so they are covered against fire, water, theft and vandalism. Your tenant's own belongings should be covered by their own tenant insurance.