Insurance companies

Can anyone recommend a good insurance company for my apartment in spain.The company I am with at the moment is very expensive as it was the only one used by the agent we bought the apartment from. I want contents insurance BUT as it is an apartment can anyone advise if I also need building insurance as I have heard so many different  stories on the buildings issue.THANKS

Where abouts do you live?  Anyone who lives near and who also live in apartments may be able to help.

I would have thought that buildings insurance in a flat would be a joint thing with all the other owners in the block but then again we are talking Spain.

Hi I did my insurance online yesterday with Hiscox, they have a department that deals with overseas homes. I obatined £25,000 of contents cover inc accidental damage (spanish insurance do not provide this) for about £9.50 per month. Least if i do have to make a claim it will all be dealt with in English. I also read the other day on the forum that it is more difficult when you do need to claim to get the spanish companaies to settle up.

Just google Hiscox overseas property insurance and it will provide you with a link. The form only takes 10 mins to complete.

Regarding buildings insurance we were told that it is a requirement as any damage arising from the inside of your apartment is your responsibilty. Say for instance you had a leak that went through to the apartment underneath and damaged his walls,tiling etc then you are responsible for the repairs.

Your community buildings insurance covers everything outside of your property and stops at you front door.

As Gypsy posted in here >> dentists asking for a dentist in/around Formentera del Segura that's our neck of the Spanish woods, Semi, so Gypsy go for one of these. We were insured last time with first company & this time with second company, as we found them a bit cheaper, but both very reasonable. Both in Torrevieja. English spoken in Saltsbay with English written policy (MOST IMPORTANT AS OFTEN IT'S NOT !!!) English people in Easycover with English written policy again.

http://www.saltsbay.com/
http://www.easycover.net/

You need to ask your President or administrator about insurance for apartment building. Karensun was explaining this recently (her OH is their communities President) & said it depended what had been arranged, but generally the insurance only covered communal areas.

Hi

can anyone help us please?

we have an apartment in spain, and of course, pay insurance as a community for all the community insurance. We also have insurance for building and contents, it came with the mortgage and is with a spanish company.  we had a break-in at christmas and a bit of damage to windows and grills was done - as well as our personal possessions such as camera, sat nav and jewllery which were taken. We claimed for possessions under our home policy in the uk ( easier, quicker and no quibbles).  The damage to the property we claimed for on the spanish insurance.  WHAT A NIGHTMARE!!  our phone bill is reeling and we are so fed up that we have now found a uk company who will do all  that the spanish  company hasn't and more. 

Our question is,  how on earth do we get the spanish policy cancelled ( they finally dumped a few hundred euro's in our account without telling us that they had decided we should be responsible for getting the damaged window and grill replaced)  we have had no  written communication with them and all the phone calls have been from us to them, no returns of calls, no emails NADA! Luckily our good friends in spain have found a glazier and locksmith and got a new window and grill made and fitted - but the amount the insurance company gave us doesn't cover it all, but as we paid cash for the jobs, we can't go to them for the extra, we just want  to get out of the agreement ( which was made for us when we took out the mortgage, and no one told us it was in existence until we asked what seguros meant on our statement!).

We have written to the bank and emailed the insurance company, no answer from them, so I called the bank last week and they said they couldn't cancel the premium which has just been debited ( it is an annual premium)  until they have sight of the policy which is to replace it  ( won't accept a faxed copy)  they also say that the bank should be named as beneficiary on the policy  - I think the girl I spoke to thougt we were talking about a life insurance.

if anyone can shed any  light  we'd be most grateful

Sorry to have rambled on, but getting information out of a spanish bank or insurance company is nigh on impossible and I know someone on EOS will have some gems of  wisdom

Hi cooberpedy

In the absence of anyone else here today  can I suggest that if the bank says it can cancel the insurance if you give them sight of a new policy you could contact our insurers & ask them for advice. They are English but in Torrevieja & La Zenia & really reasonable. They rang us when I emailed them for a quote so include your phone number.

http://www.easycover.net/

Email info@easycover.net

Hope you have better luck.

If you have a mortgage on the property, your lender will insist on being named as the beneficiary in the event of any claim that may write off the premises, a bit like your HP company will want first divvy if your car is written off. The lender will want to make sure that all of their requirements are met before agreeing to allow any policy you provide to be accepted, hence the reason it needs to be sent to them. It took our lender 3 days to decide that our policy was miles better than the one they offered. We were able to get the broker (Salt's Bay) to email a copy of the policy that they prepared for us, even though it was dated in the future as we hadn't completed.

Mark