Insurance for residents of Spain

More than half of Spanish people insure their property, which in total amounts to about three billion euros, several times the GDP of the country. Especially insurance concerned about the inhabitants of coastal areas who still remember with horror the flood of the eighties, when a lot of property was simply destroyed.

According to the reports of the insurance companies of Spain, more than half of the population insures your property.

More calmly the situation from the point of view of insurance in the Islands, where a very low percentage of property insurance of the population.

the Most common causes of insurance is the fault of the Sewerage system, or Windows. More than half a million times a year, Spanish residents complain of problems with electricity, or failure in the supply system.

In apartment buildings, residents often insured in order to provide for the possible harm inflicted by unscrupulous neighbors or thieves.

Thus, the insurance in Spain has become a kind of "mania" what is possible and useful, given the crisis situation in the country.