Affordable Business Insurance Quotes For Expats In Spain
Business insurance, also known as commercial insurance, offer competitive pricing without minimum premiums, enabling the insurance cost to be adjusted for each client based on your activity.
small and medium-sized commercial insurance in Spain
Protect your business from unexpected expenses related to property damage, legal liability, and more. Coverage for 14 different commercial sectors, tailored to modern needs: telecommuting, home delivery, home-based businesses, pick-up points.
Top quality services
Emergency assistance in the business 24 hours a day; up to âŽ600 for the insured’s return in the event of a serious incident; surveillance expenses if the business is left unprotected due to a serious incident, and more.
Buy the best business insurance policy for expats in Spain
Benefits of business insurance companies in Spain
- Damage from fire, explosion, lightning strike, and total ruin of the building.
- Damage from atmospheric phenomena, floods, smoke or soot, collision, impact, sonic waves, and vandalism.
- Water damage: leaks, breakages, and leaks; leak detection and repair; excessive water consumption.
- Breakage of glass, signs, windows, and sanitary fixtures.
- Electrical damage.
- Damage to refrigerated products.
- All-risk material damage.
- Replacement of files.
- Aesthetic damage.
- Damage to gardens.
- Machinery and computer breakdown.
- Theft and looting of contents.
- Theft and damage to the property.
- Replacement of keys and locks.
- Legal liability.
- Telecommuting.
- Home delivery.
- Home-based business.
- Legal defense (lawyer services for the business).
- Loss of profits due to an incident.
- Forced evacuation, debris removal, and demolition, expert fees.
- Looting during cash transport.
The perfect complement to your business . Workers' Compensation Insurance
workers' compensation insurance
This insurance is designed to provide financial stability to companies in the face of unforeseen expenses arising from accidents or work-related illnesses of their employees, as well as those for whom the policyholder may be responsible.
It is aimed at both companies required by law to protect their employees and those that are not, offering a wide range of customized coverages. The goal is to ensure peace of mind for both the company and the individuals working within it.
+ Different company profiles: small, medium, and large enterprises, sharing a common base of coverages and guarantees but featuring specificities based on the company's activity and, furthermore, the collective agreement.
+ Periodic update of the current agreement, so you always have up-to-date coverage.
+ Option for coverage in private life 24/7 or within the professional scope chosen by the policyholder, or as established in the agreement.
+ Basic coverage: accidental death. Wide range of optional coverages.
- Death: Due to accident, Due to traffic accident, Due to occupational disease, Due to myocardial infarction (in the course of work), Natural death (funeral expenses).
- Total permanent disability for the usual occupation: Due to accident, Due to occupational disease.
- Total permanent disability for all types of work: Due to accident, Due to occupational disease.
- Permanent disability: Due to accident, Due to traffic accident, Due to occupational disease, Due to myocardial infarction (while performing work duties).
- Professional incapacity (subject to a special scale).
- Temporary disability: Due to accident, Due to occupational disease.
- Severe disability: Due to accident, Due to occupational disease.
- Medical assistance expenses due to an accident.
- Supplementary diet due to hospitalization.
- Travel assistance.
- Repatriation expenses.
- Non-disabling permanent injuries.
Agreement. Coverages required by the mandatory collective accident insurance for each of the agreements in different labor sectors.
Unnamed. For groups of workers grouped by professional activity, where it is necessary to specify the name and birth date of each worker.
Named. Reserved for small groups where the names and professional activities of the members are detailed.
Take advantatge of business insurance
- Comprehensive Liability with very generous limits and no sub-limits, except for employer liability. Including the extension of liability in public terraces for restaurants.
- The payments of claims at new value, without deducting depreciation of insured property.
- Cover damages entirely without implementing any deductible (excluding computer and machinery breakdowns).
- Accidental damages receive coverage through a comprehensive material damage policy.
- Home-based business (duo): the possibility of insuring both home and office or workspace in the same policy.
Frequently asked questions
What is business insurance and why is it crucial for my company?
Business insurance safeguards your company against financial losses resulting from unforeseen events like property damage, theft, liability claims, and more. It's vital to protect your assets and mitigate risks.
Is business insurance mandatory?
Coverage for third-party damages is regulated by each municipality and might be a crucial requirement for obtaining a business opening license. Having business insurance is highly advisable to minimize the impact that any unforeseen events may have on your business, even preventing temporary closure.
What coverages does business insurance offer?
The primary events covered by business insurance include: fire, water damage, electrical faults, glass breakage, theft, public liability, and loss of earnings. Additionally, we provide many more coverages so you can tailor your insurance to your needs.
How much does business insurance cost?
The cost of a policy for your business will vary depending on the coverages selected since not all businesses have the same needs or are the same size...
How do I determine which type of business insurance best suits my needs?
Assess your industry, potential risks, and the specific needs of your business. Consulting an insurance agent or broker can help tailor coverage to your requirements.
How does general liability differ from other types of business coverage?
General liability insurance primarily covers bodily injury, property damage claims, and legal costs arising from your business operations, while other coverages like professional liability focus on specific risks.
What is the process for filing a claim under a business insurance policy?
Notify your insurer promptly, gather necessary documentation, and submit the claim details. An adjuster will assess the claim, and upon approval, compensation will be provided.
What aspects of my business are not covered under a standard policy and how can I protect them?
Certain risks like cyberattacks, specific natural disasters, or high-value equipment may not be fully covered. Consider additional policies or endorsements to fill these gaps.
How does the size and type of business impact the cost of business insurance?
Larger businesses or those with higher risk exposures often face higher premiums due to increased coverage needs and potential liabilities.
What additional benefits does customized business insurance offer?
Tailored insurance can provide added protection against unique risks, ensuring comprehensive coverage and peace of mind for your specific business needs.