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What is a reasonable sum for contents insurance for a 3 bed apartment in Spain?
I need to be covered for water leaks/fire etc, but my understanding is that the building is covered by the community.
After 8 years using the bank provided insurance, I feel like they are now extremely uncompetitive.
Any suggestions of reliable companies?
Thanks.
Insurance for my 3 bed apartment in Mijas Costa was 277 euros this year through Groupama.
Insurance for my 3 bed apartment in Mijas Costa was 277 euros this year through Groupama.
jp1, do you mind saying how much you have been paying?
jp1, do you mind saying how much you have been paying?
We saved over £250 by going through a broker in Gibraltar. Not just the price, the willingness to pay out is important. Zurich had a bad reputation for paying out on the CDS. Some of the spanish companies have punative small print and when/if they pay out take ages.
We saved over £250 by going through a broker in Gibraltar. Not just the price, the willingness to pay out is important. Zurich had a bad reputation for paying out on the CDS. Some of the spanish companies have punative small print and when/if they pay out take ages.
I second katy’s comments. Please ensure that you inform your Bank in writing that you do not wish to renew. Watch the Bank statement like a Hawk. This is specially where the Bank has direct debit instructions.
I had my Car insurance paid out in a similar manner when the policy was cancelled and taken to another Insurance provider as a result I ended up have the Car Insured twice which is illegal.
You guessed it the bank is not accepting any responsibilty. I have little or no confidence in insuring contents wheter is UK or Spain as I know thay will just not pay up.
I second katy’s comments. Please ensure that you inform your Bank in writing that you do not wish to renew. Watch the Bank statement like a Hawk. This is specially where the Bank has direct debit instructions.
I had my Car insurance paid out in a similar manner when the policy was cancelled and taken to another Insurance provider as a result I ended up have the Car Insured twice which is illegal.
You guessed it the bank is not accepting any responsibilty. I have little or no confidence in insuring contents wheter is UK or Spain as I know thay will just not pay up.
I am paying just under 340 Euros for a 3 bed 100m2 first floor apartment.
This year it went up by 10%. Last year the increase was also around 10%
I think (at least compared to the UK where contents insurance is around £100 for my house) it’s extremely expensive.
I am paying just under 340 Euros for a 3 bed 100m2 first floor apartment.
This year it went up by 10%. Last year the increase was also around 10%
I think (at least compared to the UK where contents insurance is around £100 for my house) it’s extremely expensive.
In UK the property Insurance is roughly about -1.50% of the vlaue. Contents can vary due to the location of the property, excess, value of the items insured etc
In UK the property Insurance is roughly about -1.50% of the vlaue. Contents can vary due to the location of the property, excess, value of the items insured etc
@jp1 wrote:
I think (at least compared to the UK where contents insurance is around £100 for my house) it’s extremely expensive.
Welcome to rip-off Spain.
With a few exceptions like alcohol, tobacco and petrol, Spain is now more expensive than the UK.
Banks, telcos and insurance companies are the worst. They fleece us in Spain.
@jp1 wrote:
I think (at least compared to the UK where contents insurance is around £100 for my house) it’s extremely expensive.
Welcome to rip-off Spain.
With a few exceptions like alcohol, tobacco and petrol, Spain is now more expensive than the UK.
Banks, telcos and insurance companies are the worst. They fleece us in Spain.
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