Car insurance in Spain (Seguros Ginestar Costa Blanca).

Spanish insurance policies may vary from the standards of other EU countries. In this article you can find out some information to bear in mind:
- It is obligatory for all cars to have at least third party, fire and theft insurance (part comprehensive). This is called: seguro a terceros or responsabilidad civil obligatoria
- Fully comprehensive: (Seguro a todo riesgo) is available and often obligatory when leasing a car or buying on hire purchase.
- Driver and passenger insurance (Seguro de ocupantes) provides compensation for loss of earnings and death. Special insurance may be required for exceptional contents and accessories.

- The Spanish insurance system operates on a no-claims bonus (bonification/sistema bonus-malus). In order to benefit, evidence of no prior claims will need to be provided. It can significantly reduce the cost of insurance. - If the car spends over six months of the year in an EU country other than Spain, it is necessary to take out a European insurance policy with the home insurer. EU regulations mean that all vehicles must be insured in the country in which they are registered. Therefore if the car is (for example) UK-registered it cannot be insured with a Spanish company. The vehicle can, however, be insured with a British insurer in Spain, by using the Spanish branch of a UK insurance company. To register a car in Spain it needs to be deregistered in the country of origin then re-registered with the authorities in Spain. For further information you can call Seguros Ginestar Costa Blanca.