House Insurance In Portugal

In general, a house and contents insurance is not mandatory  in Portugal. But..

• If you have a mortgage with bank associated with your villa or flat then the house insurance becomes mandatory.
• On the other hand, if you own or rent in a condominium or in a multi apartment building you will probably be obliged to take out a civil liability insurance to cover water damage caused to others by a broken private pipe and a fire insurance.

But let’s say you have a detached villa in Portugal… even though a house insurance it is not compulsory, any person with good sense should have one… Why?

• To cover any unforeseen event that may arise in your beloved home, from the smallest incident such as a broken electrical appliance, to the most common claim such as water damage or wrecked awnings due to strong winds.
• And most importantly, you need to be protected in the event of really important accident that may constitute a personal and financial catastrophe, such as house fire or a civil liability reclamation.

At C1 Broker, you will find house insurance solutions in Portugal  with the best covers at unbeatable prices.

We study and compare hundreds of home insurance policies in Portugal to be able to offer you the best coverage. Ask us now for your free no obligation quote!

You can choose various cover options when taking out your home insurance policy in Portugal…from the basic civil liability guarantee to several other covers such as:

• Water Damage
• Home Assistance
• Legal Protection
• Pipe and Gutter Cleaning
• Electrical Risks
• Pest Control,
• Private Civil Liability
• Theft or Robbery
• Online Medical assistance
• Repair or replacement of Electrical Appliances
• Travel Assistance
• Legal Protection
• Fire
• Natural Phenomena
• Seismic and Earthquake Phenomena
• Collision of Vehicles
• Landslides
• Photovoltaic Panels and Solar Panels
• Liability for dangerous animals (dangerous dogs insurance)
• Third Party Liability for Rentals
• Breakdown of machinery (swimming pool pumps, central heating pumps, central boilers, intelligent central air conditioning, etc.)
• Vehicles in garage
• Breakdown search
• Aesthetic damage
• Readaptation of the property due to an accident by the insured
• Garden reconstitution
• Refrigerated goods
• Loss of rental income
• etc.

Insurance companies organise their products with various types of cover in what is known as “multi-risk home insurance” with different cover plans, ranging from basic guarantees to the most comprehensive packages.

At C1 Broker we compare and study hundreds of home insurance policies in Portugal to offer you the best coverage. Ask us now for your free no obligation quote!

There are several reasons why the price of your home insurance may increase. The premium for your house insurance in Portugal is not the same as that of your neighbours, because there are factors that determine the price that each one pays for the same service:

• Not all houses are the same, have the same constructed areas, nor are they built with the same quality of construction.
• The use you give to your villa also influences the premium, it is not the same to use it as your main residence in Portugal or to long-rent it or to rent it out for tourists & short term holidays.
• Not all villas have the same security protection measures and therefore there are different levels of risk. The existence or not of an alarm connected to a central or to the police, security bars on the windows, reinforced door, double-glazing windows, 24-hour security, etc. will certainly reduce the value of your insurance premium.
• The age of the house and how long ago the last plumbing and electrical installations refurbishments were carried out.
• The capital sum insured. Since the higher is the capital you insure, the more the policy premium will increase proportionally

• The geographical area where the villa is located – If statistically there is a lot of burglary or the house is in an area with seismic faults or a propensity to floods, these factors also affect the algorithm responsible for calculating how much you pay for your house insurance in Portugal.
• Most insurers in Portugal update the value of home insurance, at the time of contract renewal.

C1 Broker, specialist in insuring expats and foreign residents in Portugal can help you find the best solution for your home insurance in Portugal. Ask us now for your free no obligation quote!

Not sure how to choose the right insurance for your villa or apartment in Portugal? That’s normal, as there is a variety of offers with different prices and several basic and complementary covers. 

• The best thing is to put yourself in the hands of a professional insurance broker who will help you make the right decision. Remember that insurance brokers are impartial, and their mission is to put the customer’s interests first. At least, that is our motto here at C1 Broker!
• Make a detailed comparison of market offers – Here, C1 Broker can help you by studying and comparing hundreds of house insurance quotes from different insurance companies, to offer you a wide range of options at different price levels and coverage levels.
• Find out what is covered and what is not – ask your broker to explain what is covered and what would happen in the event of an accident.
• See how much you can afford to pay and what your real needs are – evaluate the offers to find a balance between the cover offered and the price you are willing to pay for the service.

Ask us now for your free no obligation quote!