Landlords relax! Liberty Seguros has you covered
Hundreds of thousands of expats own property in Spain and a large percentage of these are rented out either long or short term. Whether you are a seasonal or year long landlord there is great money to be made renting your property out whilst you are away!
However there is a potential risk and worry when someone else is living in our home for permanently or for a few months. But now Liberty Seguros has improved its home insurance by developing some new measures to assure you can relax and rest assured that as a landlord here in Spain you are secure and protected. Nobody likes to consider the thought of our property being damaged but unfortunately it does happen. So in the eventuality of any unfortunate event Liberty has introduced the following new benefits to further protect you from any accident liability or damage from a careless tenant.
As the proprietor of a rented property Liberty Expatriates offers the following benefits:
• Personal Liability of the owner against the tenant, for personal and / or material damages to the tenant, caused by ‘building’ or in case of securing the content, derived from the furniture of the property.
• Personal liability of the tenant against the owner as a result of a loss of water damage, with limits of 15,000 euros for the Basic mode and 30,000 euros for the Plus and Premium mode.
• Damages arising from acts of vandalism committed by the legal tenants of the insured home are guaranteed, with a compensation limit per accident and year of 1,000, 1,500 and 2,000 euros respectively for the Basic, Plus and Premium modalities. Fixed-rate fee equal to the rent deposit for the period of stay will be applied (min. 300€)
• Legal defence and claims for damages, Limited exclusively to claims related covered content that are owned by the policyholder.
If your house is intended to be permanently rented, over the whole year, even by Airbnb, Liberty Seguros also adds the following new benefits for extra peace of mind:
• Loss of rentals, compensation of a monthly payment with a maximum limit of 1,000, 3,000 and 4,000 euros respectively for the Basic, Plus and Premium modalities.
• Personal liability of the tenant against the Community, with a maximum limit of 50,000 euros per accident.
With Liberty Seguros all documents can be provided to you in different languages so you know exactly where you stand and if not they are able to give you advice face to face through their local agents and you also have at your disposal a 24/7 emergency assistance, through a multi-lingual freephone number.
Liberty Seguros is considered the preferred expat insurer in Spain today and has an extensive network of over 300 brokers and agents, who have many years of experience, and are dedicated to give you in-depth information about the different policies not only for home, but also car, life, business, commercial, funeral, etc., and advise you on the best cover to suit you and your family, in your own language.
For further details call us on 91 342 25 49, or visit www.libertyexpatriates.es