overseas property insurance

n 2002, Spain signed in about 12 million policyholders multi household. But despite the fact that almost all Spanish households have this type of insurance is a product unknown to most consumers. Why? Neither the policies are written in a language (are full of technicalities), nor consumers are concerned to read the contracts until they have a problem.

Consumer organisations insist precisely on the latter: What's that policy though the contract before signing. And also ask all doubts and collate proposals from several companies. The most common questions posed by clients are these:

How do I value my house?
Continent: The amount you must ensure is that granting the reconstruction of the house in case of a total loss, for example, an explosion or fire. Do not mind the ground. The cost depends on the area and the quality of construction.
Content: the list and that there are objects in the home. Furniture, bedding and table utensils, appliances, books, records, etc.. We must calculate how much it will cost all that at the time of insurance, not when the comprises, because that replacement value is it to pay the company.

holiday home insurance

What is the rule proportional?


Companies apply when the client has assured Sui house with a value less than you should. In case of accident, fire, for example, compensation is reduced by a percentage proportionate to the share of the premium that the user has to pay.

How is it calculated the price? 

The premium is calculated according to the insured capital and also appreciate these concepts:
Type of housing. It costs more to ensure a villa that a floor of the same dimensions, and are more expensive low floors and high that the interim.
House season. It is believed that the house at the beach or field has more risk than usual housing.
Joined. Until 50 years, the price usually does not vary. From there, exceptions are made, for example, the damage caused by broken pipes are not covered at 100%.
Security. Take the door alarm or shielded lowers the premium.

What is the best insurance?

house insurance abroad

The cheapest offering the same coverage. So squaring the circle. In fact, it is difficult to make a thorough comparison between different tenders. It is true that all companies cover basic risks but it is also true that the inclusion or otherwise of broken earthenware health   or compensation for theft of cash make the difference between the various policies