Community Insurance Lanzarote

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Community insurance for apartment complexes and urbanisations in Lanzarote. Spanish law requires all communities of owners to hold a policy — Turner Insurance arranges Generali community cover for the Canary Islands.

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Community Insurance in Lanzarote — Generali Cover

Lanzarote has a high proportion of apartment complexes and resort developments, particularly in Puerto del Carmen, Costa Teguise, and Playa Blanca. Under Spanish law (Ley de Propiedad Horizontal), all residential communities of owners are required to hold community insurance covering the shared structure, communal areas, and public liability.

Community insurance in Lanzarote is arranged by the community president or the appointed administrador de fincas. Turner Insurance works with community leaders across the Canary Islands to arrange annual Generali policies covering structure, communal facilities, public liability, and Consorcio natural catastrophe activation.

Community Insurance Lanzarote — Local Considerations

Lanzarote communities have specific construction characteristics — many resort properties feature flat roofs, lava-stone walls, and communal pool areas. Rebuild values must correctly reflect Canary Islands construction costs, which can differ significantly from mainland Spanish properties. Turner Insurance reviews declared rebuild values at each renewal to help communities stay adequately covered.

The volcanic nature of Lanzarote means Consorcio cover includes protection against volcanic eruptions and earthquakes — rare but relevant given the island sits on an active volcanic zone. Having a valid community policy in force is essential for Consorcio cover to activate following any extraordinary natural event.

How to Get a Quote

Call or email us — 966 461 625 or info@turnerinsurance.es — Monday to Friday, 09:30–15:00.
Tell us your situation — we ask a few quick questions about what you need to insure.
We compare options — as authorised Generali agents we present the plans that match your needs and budget.
Your policy is set up — we arrange everything and send your English-language documents promptly.

Approximate Community Insurance Pricing — Lanzarote

Annual premiums for typical residential communities in the area:

Small Community (up to 20 units)

from €480/yr

Shared structure covered
Communal areas
Public liability
Consorcio activation

Most Common

Medium Community (20–60 units)

from €950/yr

Full structure coverage
Pool and plant room
Public liability and legal defence
Consorcio activation

Prices are indicative. Contact us for a free personalised quote.

Frequently Asked Questions — Community Insurance in Lanzarote

Yes. Under the Ley de Propiedad Horizontal, all communities of owners in Spain — including the Canary Islands — must hold community insurance covering the shared structure. Individual owners cannot opt out. The obligation falls on the community collectively, arranged through the president or appointed administrator.

Volcanic eruptions and earthquakes are classified as natural catastrophes in Spain and are covered through the Consorcio de Compensación de Seguros. Your community insurance policy must be valid at the time of the event for the Consorcio to apply. This is a specific feature of Canary Islands cover that has no equivalent risk in most mainland areas.

Yes. Community insurance premiums in the Canary Islands are subject to IGIC rather than mainland IVA. This affects the premium total shown on policy invoices. Turner Insurance ensures all community policies for Lanzarote properties correctly apply the Canary Islands tax treatment.

More questions? Contact us — free English-speaking advice: 966 461 625.

Community Insurance Lanzarote — Get a Free Quote

GENERALI COMMUNITY INSURANCE · LANZAROTE · FREE ENGLISH ADVICE

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