HOME INSURANCE FOR YOUR PROPERTY IN SPAIN, GIBRALTAR, GREECE AND PORTUGAL

Features » Finance and Money » Spanish Spain Home Insurance

Jack Pot / 2011-07-26 12:50:05

Spain, Gibraltar, Greece, and Portugal are some of the most popular destinations in Europe for people to buy property for holiday use and it's obvious why! Sun, sea, sangria and much much more!

When selecting the insurance you require for your property, however, it is important to be selective and fully understand what your policy covers in order that you do not find yourself underinsured.

DOES YOUR HOME INSURANCE POLICY PROVIDE ADEQUATE COVER?

You may not discover until it's too late but there are a number of areas where certain home insurers provide inadequate cover in order to be able to offer a reduce priced premium to their clients. Here are some areas where they may not come up to scratch:

- Community building insurance in Spain usually only provides cover for communal areas such as pipes or windows; actual fixtures and fittings (bathrooms and kitchens) within apartment buildings may not be covered

- Cover for theft may be excluded unless the insurers strict security requirements (alarms, grills, security doors, etc.) are in use

- Water damage and escape of water due to burst pipes may be excluded when the holiday home is not occupied

- Accidental damage to contents cover may not be offered when holiday homes are used for holiday let

- Home insurance in Spain traditionally provides very low levels of third party personal and employee liability protection which may not extend to cover holiday letting, swimming pools, or communal areas

- Claims forms in the local language can be complicated if your knowledge of the language is limited

Consequently when you choose your home insurance for your Spanish, Greek, or Portugese property, you need to ensure that you are correctly covered.

Call one of our experienced advisers TODAY on +34 96 626 3675 or visit our website at http://www.theleader.info/home-insurance-quotation/ for your FREE, NO OBLIGATION quotation.

Home Insurance is offered in conjunction with Hercules Limited. Suite 2C Centre Plaza. Horse Barrack Lane. Gibraltar. Hercules Limited is a company registered in Gibraltar no. 102184. Licensed by the Gibraltar Financial Services Commission FSC1098B. Authorised to carry out General Insurance in Spain, Portugal, UK and Greece in Freedom to Provide Services.

Tags: Home Insurance, Propertyportal, Spanish Property