Private client insurance in Spain
High-value homes, art and collections, family liability and family protection in Spain — placed with insurers licensed there and with specialist high-net-worth capacity, to the same standard we apply in Portugal, by the same adviser.
Key facts
- Who it is for: homes whose rebuild cost, contents or valuables go beyond what a standard policy was designed for; each specialist insurer sets its own entry level. Below that, a well-built standard policy is usually the better answer, and we say so in writing.
- Proportional rule: we check in writing how each wording applies it and how a total loss is settled.
- Art, jewellery, watches and collections on agreed value, with personal possessions covered away from home, abroad included.
- Individually underwritten with specialist capacity, with the conditions agreed in writing before any claim.
- Portugal and Spain with one adviser; where the insurer writes both countries, on one policy.
- Written opinion. ASF-registered broker no. 425591790/3, not tied to any insurer. We never ask for your total net worth.
Art, jewellery and watches: who insures them and on what terms →
More answers: private client insurance, questions answered →
The Adler & Rochefort Private Office: who we are and how we work →
One household, one review
A household with a main residence in Madrid, a house on the coast, a collection, two or three cars and a family to protect rarely has one insurance question. It has several, usually bought at different times, from different insurers, sometimes in different countries — and nobody has looked at how the limits, dates and exclusions fit together.
We review the whole household, place each risk where it is individually underwritten, and say plainly when a well-built standard policy is the better answer. Households that also live in Portugal keep the same adviser, and — where the insurer writes both locations — the same policy.
What we analyse in a high-value home
In a property of real value the right cover is a matter of analysis, not of choosing a product. We look at the house, the way it is used and what is inside it, and only then approach the insurers whose underwriting fits.
Rebuild cost and sums insured
How the cost of rebuilding is established, whether the sums insured are sufficient and whether the policy limits the indemnity in any way — including how underinsurance and the proportional rule would apply.
Fire, flood, storm, earthquake and water
Which natural and accidental perils are covered, on what terms, with which excesses, and what local exposure — coast, river, slope, seismic zone — means for acceptance.
Contents, art, jewellery and collections
Whether contents are insured at a realistic value, which items need to be scheduled, how they are kept and what limits apply per item and in total.
Gardens, pools, outbuildings and equipment
Walls, pools, annexes, garages, solar installations and outdoor equipment: what is part of the building sum and what needs to be declared separately.
Liability, staff and the way the house is run
Liability limits set against the real exposure — guests, domestic staff, contractors, management services — and the cover that each of them may need.
Special properties and ownership structures
Historic or listed houses, unusual construction, properties owned through a company, and several homes in Portugal and Spain that should be insured coherently.
What we need to prepare a proposal
- Address, year of construction and gross area.
- An estimate of the rebuild cost, which we review with you; for Portugal we use the APS SCRIM simulator as a reference.
- Contents and valuables to insure, and how they are kept.
- Security, occupancy and any claims in the last five years.
- Your current policy, if there is one.
We assess the risk, analyse the conditions available and look for the protection that fits. All cover is subject to the insurer’s acceptance of the risk and to the terms of the policy issued.
What we analyse in a collection
Art, jewellery and watches are insured well only when the policy reflects how each piece is valued, kept and used. We analyse that before approaching the insurers whose underwriting suits the collection.
Valuation and agreed value
Who values the pieces, how often valuations are updated, and whether they are insured on an agreed value or on market value at the time of loss.
Scheduled and unscheduled items
Which pieces must be listed individually, and what limits apply to items that are not listed, per piece and in total.
Where the pieces are kept and worn
At home, in a safe, in a bank vault or when travelling: each location changes the conditions and has to be declared.
Partial loss, restoration and loss of value
How restoration is handled and whether a loss of value after repair is considered.
New acquisitions, loans and transport
How new pieces are added, and what applies to works lent to exhibitions or shipped between countries.
Security and prevention
Alarm, storage and transport conditions that the insurer may set, and how they fit the way the collection is actually used.
What we need to prepare a proposal
- A list of the pieces with recent valuations or purchase invoices.
- Where each piece is kept, and the security there.
- Pieces worn or taken abroad, and how often.
- Any loans, exhibitions or planned transport.
- Your current policy, if there is one.
We assess the risk, analyse the conditions available and look for the protection that fits the collection. All cover is subject to the insurer’s acceptance of the risk and to the terms of the policy issued.
Insurers and specialist partners
Adler & Rochefort works with insurers and specialist partners in the protection of private wealth, including Hiscox, Chubb, Liberty Mutual, Hispania and Innovarisk. The choice of solution depends on the characteristics of the property, the sums insured, its use and the underwriting conditions available. All cover is subject to the insurer’s acceptance of the risk and to the terms of the policy.
Family liability
Guests, domestic staff, a pool, a boat, children studying abroad: exposure grows with the household, and a standard liability limit rarely keeps pace. See family liability insurance in Spain for the detail.
- Limits that match the householdFamily liability limits set to the household’s exposure, confirmed in writing.
- Defence costsLegal defence costs are covered; whether they sit inside or on top of the limit depends on the wording, and we confirm it in writing.
- Who is coveredThe household, including children studying away, and anyone looking after your pets occasionally; guests and domestic staff in connection with the residence.
- Every residenceAs owner, tenant or occupier — in Portugal, in Spain, or wherever the family has a home.
Region by region
Where the house is in Spain changes what the policy has to answer — wind and salt on the coast, months standing empty, a boat on a mooring, a villa let for part of the summer, a townhouse inside a community of owners. Those local questions are covered region by region in our guide to insuring a high-value home in Spain.
How we work
One adviser, from the first review to the renewal and, if it comes to it, the claim. Everything in writing, in English, whether you live in Spain full-time or run the household's Spanish affairs from another country. We never disclose who our clients are or what they insure, and never show photographs of insured items; what you own goes only to the underwriters you instruct us to approach.
These are the reference conditions of the high-net-worth wordings we place. Cover, limits, excesses and exclusions vary by insurer and by risk, and are confirmed only in the policy documentation issued to you.
Request a private client review
Tell us what you currently hold, and with whom. We reply in writing with what should be reviewed together and what we recommend.
Ask for a quote — it takes under a minute
Leave just the essentials and we will reply in writing. As each proposal is specific and requires a detailed analysis of the risk, response times may vary. We ask for the rest by email.
In Spain we place home and property cover with specialist insurers that underwrite there. Every proposal names the insurer and the conditions in writing.
What we will ask for your quote
After the first contact we ask for these details by email. If you have them to hand, you can send them now to insurance@adlerrochefort.com.
- Full name
- Full address of the property
- Spanish NIE (or passport number if you do not have one yet)
- Gross construction area
- Year of construction
- Main or second home
- Occupation
- Age
- Buildings sum insured
- Contents sum insured
- Valuables sum insured
- List of the items to insure (art, jewellery, watches, cars), with values and any valuations
By sending this form you agree to us using your details to prepare and discuss your quote, in line with our privacy policy. We never sell your data. Adler & Rochefort is a trading name of Ownizo, Unipessoal Lda., registered in Portugal with the ASF under no. 425591790/3 and in Spain with the DGSFP under the freedom to provide services (LPS).
No obligation to proceed. We may contact you for additional information before obtaining terms, and insurer acceptance and pricing remain subject to underwriting.
Already insured with us and need help with an existing claim? Claims support — this form is for new requests.
Thank you
Your request has been received. We will come back to you with a written answer.
Frequently asked questions
What does "private client" insurance mean here?
Cover written for homes, contents and valuables that a standard home policy was not designed to carry — rebuild costs above the retail market, items worth more than a single-article limit, several residences, collections — together with family liability and family protection, reviewed as one household.
Which insurers do you use in Spain?
Specialist private-client insurers that underwrite in Spain. We are not tied to any of them; the insurer proposed depends on the risk and is named in writing with the proposal.
Can my homes in Spain and Portugal sit on one policy?
Often, yes, where the insurer writes both locations: several residences, their contents and scheduled valuables under one policy with one renewal date. Where that is not possible, we align the policies so that limits, dates and conditions leave no gap between them.
Do you insure art, jewellery and collections in Spain?
Yes. Scheduled items can be insured on an agreed value; territorial scope and any excess on valuables depend on the wording, and we confirm them in writing. Items above a stated threshold need a recent valuation; we tell you exactly what the underwriter will ask for before anything is requested.
Is there a minimum value?
It depends on the insurer: each specialist insurer sets its own entry level for a permanent residence. In practice individually underwritten cover makes clear sense when a home’s rebuild cost is around one million euros or more, when contents include pieces above a standard single-article limit, or when the household has homes in more than one country. Below that, we will tell you if a well-built standard policy is the better answer.
Will you need detailed financial information?
No. We ask only what the underwriter needs for the specific risk — the property, the sums insured, valuations for scheduled items and the security in place. Never your overall wealth.
Guides worth reading first
- Insuring a high-value home in Spain: what international owners should check — rebuilding value, security, occupancy and valuables
- Why expats in Spain should review their insurance as a whole — the gaps a policy-by-policy approach tends to miss
- Insurance to consider when buying property in Spain — the full picture for a new purchase
- All private client guides for Spain
Related cover
Also in Portugal
Households that also live in Portugal are handled by the same adviser, to the same standard — and, where the insurer writes both countries, on the same policy.
Adler & Rochefort is a commercial brand of Ownizo, Unipessoal Lda., registered in Portugal with the ASF under no. 425591790/3 and in Spain with the DGSFP under the freedom to provide services (LPS). This page is general guidance, not a statement of what any specific policy covers, and not legal, tax or immigration advice. Cover, limits and conditions depend on the property, the household and the insurer, and are confirmed only in the policy documentation issued.