Did you know that you are entitled to a discount when taking out your insurances in Spain just for the sake of being a foreigner? Now you do!
In 2018 there were over 53,000 real estate operations in Spain made by foreigners mostly from the United Kingdom but also from France, Germany, Italy, Denmark or Ireland who bought a home. Among the destinations Comunidad Valenciana, Andalucía, Catalunya, Canary Islands and Madrid were the preferred locations for their purchase.
As the population of foreign residents in Spain, currently amounting to over 4.7 million or 10% of the total population, keeps growing more and more insurance companies offer attractive packages for car insurances and home insurances with special focus on expats.
Basically there are two reasons for these offers:
- Spanish insurance companies target the increasing demand for this new segment of foreign residents in Spain
- Statistics show that foreign residents show lower claim rates than locals
At Cogesa Expats we offer you high discounts on car and house insurances if you are an expatriate living permanently or temporarily in Spain. The discount can reach up to 60% of what an Spaniard would pay for a car insurance and you do not need to provide a claim history from your country of origin. Regarding home insurances you can obtain a 30% discount just for not being a Spaniard.
If you are interested and would like to know more about these offers get in touch with us or fill the form below and we will contact you asap.