Introduction: Why Home Insurance Matters for Expats in Spain
Whether you are buying or renting property in Spain, understanding home insurance is essential. Spanish home insurance is affordable, flexible, and often required for mortgage agreements. Even when it is not mandatory, it provides financial protection against common risks such as water leaks, storms, and theft.
Since 2012, ExpatInsurances.es has helped expats protect their homes and belongings with insurance plans tailored to international residents. This guide explains everything you need to know for 2026.
Is Home Insurance Required in Spain?
If You Are Buying a Property
Home insurance is not legally required in Spain, but mortgage lenders typically demand a minimum level of coverage. This must include:
- Fire protection
- Structural protection
- Liability coverage
If You Are Renting a Property
Home insurance is optional for renters, but highly recommended. You can choose:
- Contents insurance
- Personal belongings coverage
- Liability insurance in case you cause damage
If You Own a Second Home
Holiday homes should always have insurance due to increased risks such as:
- Water leaks when the home is empty
- Break-ins during low season
- Storm or weather damage
How Much Does Home Insurance Cost in Spain in 2026?
Home insurance prices in Spain remain stable and competitive compared to other European countries. Costs depend on your location, property type, size, and coverage level.
| Property Type | Typical Price 2026 | What It Includes |
|---|---|---|
| Apartment (small to medium) | €95 to €180 per year | Water leaks, fire, theft, liability |
| Apartment (large) | €150 to €260 per year | Extended structural and contents coverage |
| House or villa | €180 to €450 per year | Structure, garden, external buildings |
| Rental contents only | €40 to €95 per year | Personal belongings, glass, electronics |
| High-value property | €300 to €700 per year | Premium coverage and low deductibles |
Prices vary by region. Coastal areas and large cities often have slightly higher premiums due to increased risk factors.
What Home Insurance Covers in Spain
Standard Coverage
Most home insurance policies include coverage for:
- Fire and smoke damage
- Water leaks and pipe damage
- Electrical incidents
- Storm, wind, and hail
- Theft and burglary
- Broken windows and glass
- Liability insurance for damages caused to neighbours
- Emergency home assistance
Contents Insurance
This covers:
- Furniture
- Electronics
- Personal belongings
- Clothing
- Appliances
Optional Add-Ons
Depending on your needs, you can add:
- High-value item coverage
- Jewelry protection
- Garden and exterior coverage
- Holiday home protection
- Extended theft protection
- Legal assistance
How to Choose the Right Home Insurance in 2026
For Homeowners
Look for:
- Full structural protection
- Replacement value (not depreciated value)
- Water leak coverage without high deductibles
- Fast repair service
For Renters
Focus on:
- Contents insurance
- Personal liability
- Accidental damage protection
- Glass and window breakage
For Landlords
Select:
- Third-party liability
- Rental income protection
- Damage caused by tenants
- Emergency repairs
For Holiday Homes
Choose:
- Unoccupied property protection
- Weather damage coverage
- Alarm and security-based policies
- Fast claim response in remote areas
Common Mistakes to Avoid in 2026
Watch out for these common mistakes:
- • Choosing the cheapest policy without checking deductibles
- • Not verifying coverage for water leaks, which are the most common claims in Spain
- • Insuring the home for market value instead of reconstruction value
- • Forgetting contents coverage if you rent your home furnished
- • Not requesting the English version of the policy document
How to Get Home Insurance in Spain in 2026: Step by Step
1Request a Quote
We help you compare prices from Spain's top insurance companies.
2Choose Your Coverage Level
We guide you through structural, contents, and liability options.
3Receive Your Policy in English
All documents can be delivered in English and formatted for your needs.
4Activate Your Coverage
Most policies activate instantly once payment is confirmed.
5File Claims Easily
You can open claims through mobile apps, customer service hotlines, or online forms.
