Home Insurance Gran Canaria

Q: Does my Gran Canaria home insurance cover flood, storm or DANA damage?

The Spanish Consorcio de Compensacion de Seguros covers extraordinary natural events - floods, earthquakes, severe storms and DANA (cut-off low pressure) damage - provided you hold a contract that includes the Consorcio premium component (every standard Generali home policy does). The specific weather risk in Gran Canaria is shaped by salt corrosion on south-coast properties, occasional severe winter storms (Tormenta Filomena 2021 affected parts of the island), and tropical-style heavy rain when it does fall. We always confirm Consorcio cover is itemised in your quote schedule.

Q: How much should I insure my Gran Canaria home for (continente / rebuild cost)?

The continente sum-insured should match the rebuild cost - not the market value, and not the purchase price. In Gran Canaria, current rebuild costs typically run from EUR 1,200 to EUR 1,900 per built m² for an average villa, higher for new-build and very high spec. We calculate a free capital-asegurado figure with every quote using the Generali surveyor table, so you do not under-insure (which would cause a proportional claim reduction) or over-insure (which costs you needless premium).

↓ Jump to Frequently Asked Questions

Home Insurance in Gran Canaria from Generali. Home insurance is not legally compulsory in Spain for outright owners, but a continente (buildings) policy is mandatory if your home has a mortgage — lenders require it as a condition of the loan. most homeowners arrange a combined continente + contenido (buildings and contents) policy, plus responsabilidad civil familiar (family liability) and assistance cover. As authorised exclusive Generali agents, we arrange home insurance for expats across Gran Canaria and the surrounding Canary Islands (Islas Canarias) — in English, with our local office based in Jávea.

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Home Insurance in Gran Canaria — Generali Cover

Home insurance is not legally compulsory in Spain for outright owners, but a continente (buildings) policy is mandatory if your home has a mortgage — lenders require it as a condition of the loan. For expats who live in Gran Canaria and the wider Canary Islands (Islas Canarias), most homeowners arrange a combined continente + contenido (buildings and contents) policy, plus responsabilidad civil familiar (family liability) and assistance cover.

If you are arriving from the UK, Netherlands, Ireland or Belgium, we can arrange cover from the moment you settle in Gran Canaria — with all documents available in English and a local Generali office in Jávea to handle anything in person. The expat profile here is broad: Highly international — large German, British, Scandinavian and Dutch expat communities, mainly in Maspalomas, Playa del Inglés, Puerto Rico and along the south coast.

Home Insurance Gran Canaria — Local Considerations

The home-insurance risk in Gran Canaria is shaped by local property and weather patterns. The biggest underwriting concerns here are salt corrosion on south-coast properties, occasional severe winter storms (Tormenta Filomena 2021 affected parts of the island), and tropical-style heavy rain when it does fall. Climate is Subtropical — the famous "eternal spring" with year-round daytime temperatures of 20â€“28°C. Trade winds keep humidity moderate; very rare rainfall on the south side. Notable concentrations of expat homes that we cover include Maspalomas dunes, Roque Nublo, Las Palmas old town (Vegueta), MogÃ¡n fishing village. The local profile of the population — Highly international — large German, British, Scandinavian and Dutch expat communities, mainly in Maspalomas, Playa del Inglés, Puerto Rico and along the south coast. — means many homes are second residences or holiday lets, which changes the underwriting (unoccupied-property rules, water-damage exclusions and burglary cover all become more important).

For new-build owners, continente (buildings) cover must reflect the actual rebuild cost — in Gran Canaria that figure has risen sharply post-pandemic. We arrange a free capital asegurado review with each quote so your sum-insured stays current. Nearest medical referral — relevant for any 24-hour home-assistance call-out — is via Hospital Universitario de Gran Canaria Doctor Negrín (Las Palmas), Hospital Universitario Insular, Hospiten Clínica Roca and Hospiten Estepona for private cover in the south.

How to Get a Home Insurance Quote in Gran Canaria

Call 966 461 625 or email info@turnerinsurance.es — our English-speaking Generali team covers Home Insurance in Gran Canaria, across Canary Islands (Islas Canarias) and the rest of Spain, Monday to Friday 09:30–15:00. You can also request a quote online and we will reply the same working day.

Approximate Home Insurance Pricing — Gran Canaria

Annual premiums for a 150–200 m² main-residence villa or apartment in Canary Islands (Islas Canarias):

Hogar Esencial (continente + RC)

from €240/yr

Buildings (continente) cover
Family civil liability
Glass and screen
24-hour home assistance

Frequently Asked Questions — Home Insurance in Gran Canaria

Home insurance is not legally compulsory in Spain for outright owners. However, if your Gran Canaria home has a Spanish mortgage, your lender will require a continente (buildings) policy as a condition of the loan, and most lenders will arrange it through their own insurer at a significantly higher premium than the broker market. We can replace a bank-arranged policy with a Generali equivalent and write the bank's clause of mortgage interest into the new policy — this is a routine process in Gran Canaria.

The Spanish Consorcio de Compensación de Seguros covers extraordinary natural events — floods, earthquakes, severe storms and DANA (cut-off low pressure) damage — provided you hold a contract that includes the Consorcio premium component (every standard Generali home policy does). The specific weather risk in Gran Canaria is shaped by salt corrosion on south-coast properties, occasional severe winter storms (Tormenta Filomena 2021 affected parts of the island), and tropical-style heavy rain when it does fall. We always confirm Consorcio cover is itemised in your quote schedule.

The continente sum-insured should match the rebuild cost — not the market value, and not the purchase price. In Gran Canaria, current rebuild costs typically run from €1,200 to €1,900 per built m² for an average villa, higher for new-build and very high spec. We calculate a free capital-asegurado figure with every quote using the Generali surveyor table, so you do not under-insure (which would cause a proportional claim reduction) or over-insure (which costs you needless premium).

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

💡 Tip: always check that unoccupied-property cover is included if you spend long periods away from your Spanish home.

Home Insurance Gran Canaria — Get a Free Quote

GENERALI HOME INSURANCE · GRAN CANARIA, CANARY ISLANDS (ISLAS CANARIAS) · FREE ENGLISH-SPEAKING ADVICE

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