Commercial Insurance in Spain

• Cover against Theft
• Property, Stock and Contents damage
• Public and Employer Liability

It is paramount to have a qualified insurance broker with experience to assess and identify the risks to your business. We also provide a choice of quotes from insurers, which give the best rates.

Employee dishonesty is an options cover which some businesses will benefit from having.

Loss of Profit is a optional cover which is very popular. Daily Indemnity for 100 euros to 3000 euros per day. If the business needs to close from no fault of its own then this type of cover will enable the business to continue to pay its staff , rent and other bills.

Deterioration of refrigerated stock
And many more…

Buildings: If you own the building then covering its rebuild value is important. If you are renting your rental contract may require you to cover the building or liability for damage you cause to the build.

IT equipment:  If you have computers or any type of IT installations then you can include cover for these for value as new.

Stock:  Any food stock if you are a restaurant or general stock for your business.

Furniture and machinery: This will include tables, chairs and curtains among other things. Machinery is usually included in this area of cover.

Product liability: This can be damage your product causes a customer or food poisoning if you are a restaurant.

General Public Liability: Any personal injuries caused to customers while on your premise.

Employee accident (Convenio): This cover is required by law and covers your business against accident claims from staff.

Interruption Insurance: If you have road works outside or a water or fire leak, you will no doubt have to close. You can insure against this eventuality and the insurer will pay a daily rate to cover your base costs such as rent or wages.

Professional Liability coverage: Follow this LINK to get a individual quote

Discos and bars which have dance floors are considered very high risk and only a limited number of insurers accept this risk. We can advise here the best route for getting cover.

If you have a warehouse based in an industrial estate (poligono) we can offer excellent coverage. Protections are usually required such as an alarm and the value of stock can be an issue for some insurers. Knowing which company will accept a high level of stock is something we have many years experience in.

Many businesses now require a commercial policy to cover the public liability aspect.

For example setting up a Real Estate office now not only requires a commercial policy, but the local council (junta ) also require a professional liability cover and accidents insurance for staff. This is not part of a commercial policy. However we can advise the most cost effective way to go about getting these extra covers