In Spain, squatting has become an increasingly pressing concern for property owners. In response to this issue, anti-squatting insurance has emerged as an essential safeguard.
If you're a landlord and want to understand the effective solutions and coverage provided by the Anti-Squatter insurance, created in partnership between idealista and ARAG, keep reading. Here, we explain everything you need to know.
Squatting protection coverage
Our anti-squatter insurance is tailored to address the specific needs of property owners at risk of illegal occupation. Here is the main coverage it provides:
Eviction expenses: up to €2,000
If your property is occupied, the insurance offers financial compensation to cover the costs associated with the immediate eviction process. This can also be used to hire additional services, such as locksmiths, cleaning or any other necessary actions to help restore your property.
After recovering his occupied home, Javier used this coverage to repair the damaged door and carry out a thorough cleaning of the property.
Legal defence: up to €12,000
Dealing with squatters can be a complex and expensive legal process. This insurance covers the costs of hiring lawyers who specialise in evictions, as well as court fees, ensuring that you don't have to shoulder these expenses yourself.
In Spain, legal procedures to vacate a home can cost more than €6,000.
Claim for associated damages: up to €12,000
If squatters cause damage to your property or facilities, such as walls, windows or electrical systems, this coverage allows you to claim compensation to repair your home.
After squatters damaged her kitchen, Carmen was able to recover part of the repair costs through this coverage.
Coverage for damage to the building: up to €6,000
Vandalism in occupied properties can result in significant damage. With this coverage, you can receive financial compensation to repair any damage caused.
The insurance covered the cost of repairing the broken windows and blinds at Maria's holiday home.
Defence against municipal administrative sanctions: up to €12,000
In some cases, squatters may create administrative issues, such as fines or municipal sanctions for illegal activities on your property. There may also be complaints from neighbours due to disruptive behaviour, including noise, litter and general nuisance. Our insurance covers the legal costs associated with these proceedings.
Telephone and virtual legal assistance: up to €6,000
From the outset, you will have access to a team of specialised lawyers who will guide you through the steps needed to initiate the eviction process and claim compensation for any damages caused.
What properties can you insure?
For just €39.85 per year, a single policy can protect both your main residence and your second home. By covering both properties, you'll be safeguarded against any attempts of illegal occupation, no matter where you are.
Pros of taking out idealista's Anti-Squatters insurance by ARAG
Protecting your home is simpler and more affordable than you think. Taking out anti-squatter insurance is not just a preventative step, but also an investment in your peace of mind and securing your property:
- Absolute peace of mind: You can rest assured that, in the event of illegal occupation, you won’t be alone and will have the support of specialised professionals.
- Significant savings: You can avoid the high legal and repair costs associated with eviction and property restoration after an occupation.
- Quick and easy contracting: In just five minutes, you can secure your properties and forget about worries.
Take out your Anti-Squatter Insurance now, the protection you need is just a click away!