What is expat car insurance?
It is a contract where the risk of partial or total damage of the vehicle is assumed by the owner of the car due to any kind of accident. The owner of the vehicle has to pay a certain amount of money every year as premium. There are several types of car insurance in Spain depending on their risks covered and the legal requirement. And the insurance signed by a person who is not a permanent resident of that country but still resides there due to some reason or the other is known as expat vehicle insurance. Car insurance is a legal necessity in Spain.
The policy includes accident with other objects or vehicles, nasty damage by any third party, broken windows, damage to the car’s upholstery, damage due to hailstorm, damage caused to any personal belongings because of the accident etc.
Benefits of expat insurance of cars
There are several benefits of expat insurance in Spain taken for the vehicles. Few of them are;
The companies offer tailored policies to meet the needs and the budget of their customers.
Special premium rates for persons over 40 years. This is a good way of retaining the senior age group clients.
Discount on the insurance of the 2nd car and also discounts on policies of other items. In this way the insurance companies try to retain their clients.
Online coverage facility which is very easy to use by the expats who are not that acquainted with the facilities of that place.
Who all are eligible for temporary insurance on cars?
Those people who have moved abroad from some other place to visit their family and friends or for sightseeing usually hire a car or borrow from their relatives. Where the person borrows the car from any of his relatives in such cases temporary car insurance is a good solution to insure the vehicle for a short tenure. Expat insurance in Spain is offered to people who have to keep visiting Spain for some reason or the other. But there is a certain age limit for attaining this temporary insurance. The cost of attaining temporary car insurance is much cheaper than hiring a car and flexible too. It is simple and easy to purchase.
Vehicle insurance in Spain
While going for any expat vehicle insurance in Spain, I was advised to take it from such a company which covers both Spanish and UK plated cars. The company has to be reputed as well and should have good experience in spanish car insurance. It is always better to purchase the insurance from such a company which has a direct sales team who will be able to solve the queries of their customers either over the phone or internet. Being an expert I was quite benefitted by taking up the coverage from a car insurance company whose specialty is dealing with expats.
Initially there were not many facilities for the expats residing in Spain, but being an expat myself what I feel is now the facilities of expat insurance in Spain are much better.