Home Insurance Mallorca

Q: Does my Mallorca 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 Mallorca is shaped by Tramuntana storm exposure, flash-flood risk in low-lying areas (Sant Llorenç), salt-air corrosion on the coast, and the holiday-home empty-property burglary trend. We always confirm Consorcio cover is itemised in your quote schedule.

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

The continente sum-insured should match the rebuild cost - not the market value, and not the purchase price. In Mallorca, 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 Mallorca 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 Mallorca and the surrounding Balearic Islands (Illes Balears) — in English, with our local office based in Jávea.

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Home Insurance in Mallorca — 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 Mallorca and the wider Balearic Islands (Illes Balears), 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 Mallorca — with all documents available in English and a local Generali office in Jávea to handle anything in person. The expat profile here is broad: Hugely international — the largest German community in Spain outside Madrid, plus very strong British, Scandinavian, Swiss and Dutch populations. Many German residents are centred around Palma, Andratx and the southwest; British communities are stronger in Pollença, Alcúdia and Santa Ponça.

Home Insurance Mallorca — Local Considerations

The home-insurance risk in Mallorca is shaped by local property and weather patterns. The biggest underwriting concerns here are Tramuntana storm exposure, flash-flood risk in low-lying areas (Sant Llorenç), salt-air corrosion on the coast, and the holiday-home empty-property burglary trend. Climate is Mediterranean — hot dry summers (28â€“32°C), mild winters (10â€“17°C). The Tramuntana mountains create local variations. Notable concentrations of expat homes that we cover include Palma cathedral and old town, the Serra de Tramuntana UNESCO World Heritage range, Sóller, Cap Formentor. The local profile of the population — Hugely international — the largest German community in Spain outside Madrid, plus very strong British, Scandinavian, Swiss and Dutch populations. Many German residents are centred around Palma, Andratx and the southwest; British communities are stronger in Pollença, Alcúdia and Santa Ponça. — 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 Mallorca 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 Universitari Son Espases (Palma), Hospital Son Llàtzer, Hospital Quirónsalud Palmaplanas, Clínica Juaneda, Hospital de Manacor.

How to Get a Home Insurance Quote in Mallorca

Call 966 461 625 or email info@turnerinsurance.es — our English-speaking Generali team covers Home Insurance in Mallorca, across Balearic Islands (Illes Balears) 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 — Mallorca

Annual premiums for a 150–200 m² main-residence villa or apartment in Balearic Islands (Illes Balears):

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 Mallorca

Home insurance is not legally compulsory in Spain for outright owners. However, if your Mallorca 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 Mallorca.

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 Mallorca is shaped by Tramuntana storm exposure, flash-flood risk in low-lying areas (Sant Llorenç), salt-air corrosion on the coast, and the holiday-home empty-property burglary trend. 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 Mallorca, 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 Mallorca — Get a Free Quote

GENERALI HOME INSURANCE · MALLORCA, BALEARIC ISLANDS (ILLES BALEARS) · FREE ENGLISH-SPEAKING ADVICE

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