Intasure

Has anyone gone with these for there insurance?

Cheers Dan

 

Hi Danseex,

We have gone with  Intasure on our Penthouse -  Cover seems fine , Direct Debit from our UK account at no interest

 

Regards

 

Nick & Deb

Me too - all seems fine,

 

Peter

im going with intasure on my other property.saving  a fortune,thanks to whoever recommended.

Be careful of intasure, they are cheap for a reason they dont pay claims, and they under insure the buildings with the el consortio of insurance by up to half the rebuilding cost, so you will be left underinsured as many items are not covered by them in spain you have to submit the claim to the el consortio and they only pay the percentage of the insurance, my policy stated that the rebuilding cost was 1 million, intasure infact insured the full rebuilding cost with the consortio at 150k so the claim will be met at a reduced amount, i have refered intasure to the FSO and they have agreed to investigate them. Also the el consortio office in Madrid, came to my house inspected the damage, interviewed me and have taken a statement and a copy of the policy, in their words "revenue evasion"

Another tactic is once you make a claim they refuse to renew the policy on expiry, there are many complaints on google about them, you will get a glossy brouchure, you will get a certificate in any language you like, you will get piece of mind but god help you if you make a claim

This message was last edited by jd500 on 31/03/2012.

Sounds familiar !   We claimed almost 2 years ago for serious damage following the very wet winter 09/10.  They refused.  We complained and the matter is still being considered by the UK Ombudsman.

Like you, they refused to renew the policy......which leaves us without basic third party and unable to get any because of the damage to the property.

The Consorcio.....Same problem !    The consorcio website stipulates that the tax paid shall be .08% of the "Sum Insured". Our "sum insured" was £1 mill.  However, Intasure only payed for a rebuild cost (a figure applied by them, not me).  The result is that we are grossly underinsured with the consorcio.  The point of the Consorcio is to protect the insured for abnormal events not covered by the insurer and to protect the policyholder should the insurer be unable to meet their liabilities.  It is required by law in Spain, and not just for properties;  your car insurance also has to comply.  My solicitor mentioned   "breach of contract"  and I can understand why  "revenue evasion" was mentioned to you.  It is, after all, a tax.

For those who think they are saving a fiver.....I suggest you read your policy VERY carefully.

One example:.........   If you happen to live in the Sierra Nevada or anywhere at risk of avalanche.  Buildings cover section 5...."We will pay for damage caused by avalanche"...........     but not for damage caused by landslip or weight of snow !!      As clear as mud and open to be interpreted any way they choose.

If you receive any response from the FSO,  I would be very interested