Car Insurance Mallorca
What coverages are available with car insurance in Spain?
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Compulsory liability insurance
- If you are responsible for injuries to others, you have cover for bodily injury caused by you of up to €70,000,000.
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Travel insurance 24h basis
- If your vehicle breaks down, the insurance will repair it on the spot or tow it up to 200 km.
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Basic accident insurance
- If you are severely disabled after an accident, the insurance pays you the insured capital.
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Basic legal protection
- If you have an accident and need a lawyer, one will be provided for you without a cost limit or you will receive up to € 1,500 if you choose your own lawyer.
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Free choice of mechanic workshop
- If you need a workshop after an accident, you can choose one within a radius of 200 km.
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Authorised mechanic workshop network
- If your vehicle is damaged and you need to repair it, you have access to over 800 authorised repairers with exclusive benefits.
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Glass damage
- If you have a stone chip on your windscreen, the glass will be repaired or replaced.
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Theft
- If your vehicle is broken into and your sunglasses are stolen, you are covered for up to €300.
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Fire
- If your vehicle partially burns out, your car insurance in Spain will pay for the repair.
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Atmospheric phenomena and wildlife
- Don’t worry if hail dents your vehicle. The insurance will reimburse you for the repair.
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Valuation as a new car
- If your vehicle is stolen, your insurance will pay you for an equivalent vehicle for the first 3 years after the 1st registration.
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Total loss
- In the event of a total loss without the involvement of a third party, you will be reimbursed 100% of the value of the vehicle in the first 3 years after the 1st registration.
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Own damage with or without excess
- If you dent your vehicle on a pillar, you will be reimbursed for the repair costs or the corresponding share will be paid out depending on the excess.
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Own damage with excess
- If you want more protection at a lower price, you can add an excess of €200, €300 or €600.
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Extended travel insurance 24 h
- If your vehicle ends up in a ditch, car insurance in Mallorca and the rest of Spain will send you a tow truck and tow your vehicle with no mileage limit.
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Travel Protection Insurance 24 h Plus
- If your vehicle is in the workshop due to damage, you will have a replacement vehicle at your disposal during the repair.
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Extended legal protection
- If you have an accident and need a lawyer, one will be provided for you with no limit on costs or you will receive up to €6,000 if you choose your own lawyer.
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Extended accident insurance
- If you suffer an accident, you will receive unlimited care at your insurer’s contracted medical centres and cover up to €12,000 at the medical centre of your choice.
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Total loss
- In the event of a total loss without the involvement of a third party, you will be reimbursed 100% of the value of the vehicle in the first 3 years after the 1st registration.
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Replacement in case of loss of driving licence
- If you lose points or your driving licence, the insurance pays you a monthly replacement for up to 6 months.
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Liability for freight
- If freight falls out of your van, you will be covered for the cost of any damage caused.
Modalities and coverages of motor vehicle insurance in Spain
Compulsory insurance
Compulsory insurance is the insurance that is required by law for all vehicles, even if it is not driven.
The compulsory insurance for vehicles in Spain is third party insurance (RSO). Compulsory car insurance covers the driver’s liability. This concerns the damage that you, as the driver of a vehicle, may cause to third parties or other vehicles in the event of an accident for which you are responsible.
Compulsory insurance is the most basic insurance for your vehicle. Drivers also have the option of taking out voluntary insurance for their vehicle, which offers additional protection.
Voluntary insurance
Voluntary insurance, as the name suggests, is insurance that motorists choose to take out for their vehicle out of their own motivation.
The compensation provided by compulsory insurance is not unlimited. In the case of personal injury, the maximum amount per claim is 70 million euros, and in the case of property damage, 15 million euros per claim.
If only the compulsory Car insurance is taken out in Mallorca or Spain, any costs over and above this will be borne by the driver. We therefore recommend taking out voluntary liability insurance. This insurance covers the costs that exceed the costs covered by the compulsory insurance. The amount agreed in the conditions for property damage is usually 50 million euros per accident.
Further, however, it should be noted that neither compulsory nor voluntary third party liability covers the damages of the driver or his family members up to the third degree. For this purpose, you can take out driver’s accident insurance, under which the insurer covers the driver’s damages in the event of an accident.
Partial casco
This is an extension of third party insurance with certain benefits that supplement the insurance. The most common guarantees added to this type of policy are usually glass, theft and fire damage.
In addition, many insurers allow you to “tailor-make” your motor insurance policy. For this purpose, the companies offer packages with extended guarantees or give you the option to choose yourself which coverages you want to add to your policy.
The latter is an interesting option if you want to improve your insurance without excessively increasing the premium.
In addition, certain companies also offer the option of insuring damage caused by animal collisions, weather conditions or the total loss of the vehicle if the repair value exceeds the market value of the vehicle.
Bohemia Mallorca trusts in the products of all well-known insurance companies in Spain. So you can always find the product that best suits your needs. Whether it is a building & household insurance, travel insurance, insurance for self-employed or private health insurance in Mallorca and much more.
Fully comprehensive insurance
As it includes all the coverages of the previous modalities (third party liability, legal protection, driver’s insurance, windows, theft, fire, etc.), it is the most comprehensive modality of all.
Own damage is added as an additional cover. This guarantee now covers the damage caused to the vehicle, even if the insured is at fault. As it is the most comprehensive option, it is of course also the most expensive of all.
After all, this way you can take advantage of most of the services and benefits of comprehensive insurance.
The car insurance company in Majorca usually sets an excess, which is applied to the damage to the vehicle itself and for which the insured must pay a fixed amount or a percentage of the costs incurred in the event of a claim.
If you are a good driver and have not had many accidents in your past, this can therefore be a recommendable option to reduce the premium this way.
