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Independent · Local · Insurance in Spain since 1998
Home Insurance
in Lanzarote
For owners and tenants on the island: cover for the building, your contents and your liability, written around how the property is actually used, whether you live in it, keep it as a second home or let it to holidaymakers.
- Advice in English
- Holiday lets handled
- Independent broker
- A real office in Tías
Request your quote
About five minutes to complete, an answer within 24 hours
We compare the leading home insurers in Spain for you
Everything we cover on Lanzarote
One broker for the policies you actually need
Three steps to the right policy
Send your enquiry
You fill in the form in English, in about five minutes. Tell us how the property is used, because that is what decides which cover actually applies when you claim.
A personal conversation
William gets back to you within 24 hours, by phone, email or video call, whichever suits you. If you prefer, come into the office in Tías.
A comparison, not a sales pitch
You receive a written comparison of the policies that match your property, with the exclusions spelled out. No obligation, and no pressure to decide on the call.
William Smith
C1 Broker's representative on the island, based in Tías
“I started out at AXA in Manchester underwriting fleet business, then spent years in compliance for an international telecoms company. That background is why I read the small print before I recommend anything: and why I would rather tell you a policy is wrong for you than sell it.”
- Phone: +34 928 132 334
- Mobile: +34 611 604 174
- Email: [email protected]
- Office: Calle Libertad 24, 35572 Tías, Lanzarote
- Languages: English and Spanish
4.8 out of 5 from 169 Google reviews
Excellent service from Will — quick, easy and efficient from start to finish. Everything was handled smoothly and professionally. Highly recommended
Chris Anderson
Lanzarote · 2026
We have 3 policies with C1, two for car insurance (which was more competitive on both counts than our previous provider.) and house insurance. All policies in English. Great service from Will at C1
Karen MS
Lanzarote · 2023
What does home insurance cost in Lanzarote?
The premium for a Spanish home policy (seguro de hogar) depends mainly on the property: whether it is an apartment, a townhouse, a detached house or a finca, the floor area and the way it was built, the sums insured for the building and the contents, and whether a pool, a large garden or high-value fittings are included. For an average apartment the premium is typically somewhere between €12 and €20 a month. For detached houses and villas with a pool and garden it is noticeably higher, because both the rebuild value and the exposure are greater.
The examples below are ranges for orientation, carried over from the figures on our Mallorca home page, not binding quotes. Your own figure comes out of your details and out of a comparison across several insurers. What moves it most is the rebuild value of the building, whether there is a pool, and how the property is used. One thing worth knowing: the levy for the Consorcio de Compensación de Seguros is collected with the premium of every ordinary Spanish property policy, so it is already part of what you pay.
Apartment in Puerto del Carmen, around 90 m²
Building, contents and liability · roughly €12 to €20 per month
Detached house with pool, around 220 m²
Building, contents, pool and garden · from around €55 per month, depending on the rebuild value
How the property is used decides what you are actually covered for
This is the part that catches people out on Lanzarote more than anywhere else we work, because so many properties here are not simply somebody’s home. A policy is priced and worded for a particular use. Live in the property, leave it empty for half the year, or let it to holidaymakers, and you are looking at three different risks, even if the building is identical. Declaring the use correctly costs very little. Getting it wrong is what turns a claim into an argument. If you rent rather than own, the same logic applies to a smaller policy: the building is your landlord’s responsibility, your contents and the damage you cause are yours.
Your main home
Lived in all year
- The straightforward case: building, contents, liability and assistance on one policy, priced on the assumption that someone is normally there.
- Insurers define this in the wording. One of the large Spanish insurers, for example, treats a property as a main home only if it is not left unoccupied for more than 30 consecutive days a year.
- Worth checking before you sign, because holidays and long trips back to the UK or Germany add up faster than people think.
Second home
Empty for part of the year
- An unoccupied property is a different risk, and the wording says so. Theft cover in particular can be capped while the property stands empty: in one large Spanish insurer's standard conditions at just over €3,000.
- Water escaping from a pipe while nobody is there is the other classic. It runs for weeks instead of hours, and the damage is on a different scale.
- Tell the insurer how many months the property is empty. There are policies written specifically for second homes, and they are not necessarily more expensive.
Holiday let
Let to holidaymakers
- An ordinary home policy is written for a home you live in. If the property is let to holidaymakers and that was never declared, an insurer can reduce or decline a claim.
- You also need liability cover that works when the injured person is your guest, not a member of your household.
- Holiday letting in the Canaries is regulated and needs to be registered. The rules changed with a new regional law (Ley 6/2025) in December 2025, so we tell you what the current wording asks of you rather than what it asked last year.
Water damage is the claim you are most likely to make
People buy home insurance thinking about fire and burglary, and then claim for a leaking pipe. Across Spain, water damage is both the most frequent and the most expensive category of household claim: the Spanish insurance association UNESPA counted 3.4 million cases in 2024, paying out just under 1.5 billion euros.
What matters in the wording is the detail. Is the search for the leak covered, or only the repair of what it damaged? Are the pipes under the terrace and out to the pool included? If the water comes through the ceiling from the flat above, whose policy pays first? These are the questions we go through with you in English before you sign, rather than after a claim has been turned down.
Storms, flooding, and where the Consorcio takes over
Lanzarote is dry, which leads people to assume the weather is not a factor. It is, and the record is specific. Tropical storm Delta hit the Canaries on 28 and 29 November 2005 and caused damage serious enough for central government to legislate a relief package. More recently, on 12 April 2025, heavy rain flooded parts of Arrecife and Teguise, with more than 200 incidents reported and a request for the area to be declared a disaster zone. Rain here arrives rarely and all at once, and it lands on flat roofs and drainage built for a dry island.
For events on that scale Spain has a separate mechanism. The Consorcio de Compensación de Seguros, a state body, compensates what it calls extraordinary risks: earthquake, seaquake, volcanic eruption, meteorite impact, atypical cyclonic storm above 120 km/h and extraordinary flooding, along with terrorism and civil unrest. You are covered by it because you hold an ordinary property policy: the Consorcio levy is collected with the premium automatically. Damage should be reported to the Consorcio within seven days of you becoming aware of it.
Volcanic eruption sits on that list, and it is not theoretical in the Canaries. After Cumbre Vieja erupted on La Palma in 2021, the Consorcio handled around 12,600 claims and had paid out roughly 230 million euros by April 2023, most of it on homes. Lanzarote’s own eruptions are historical, the Timanfaya event of 1730 to 1736 and a further eruption in 1824, and the island sits within the national volcano monitoring network. We mention it not to alarm you but because clients ask, and because the answer is reassuring: it is covered, provided you hold a valid policy.
What that means for you in practice is short. You report the damage to us at the office in Calle Libertad 24 in Tías, in English, and we decide which route the claim takes and start it the same day. If a loss adjuster has to see the property, we arrange the appointment and, where the adjuster comes over from Gran Canaria, we work around that. You do not deal with the Consorcio yourself.
If you own an apartment in a comunidad
Most apartments on the island belong to a comunidad de propietarios, and the community holds a policy on the building. It is worth knowing that this is not compulsory everywhere: Madrid and Valencia oblige a community to insure, and we have found no such rule for the Canaries. So the first question is whether your comunidad actually has cover, and the second is what it covers.
As a rule the community policy covers the structure and the shared areas: the roof, the façade, the stairwell, the risers. It does not cover what is inside your own front door, and it does not cover fittings you installed yourself. That is the gap your own policy fills. We read your community’s policy alongside the one we recommend, so you are not paying twice for the same thing or, more commonly, assuming you are covered for something nobody insured.
Home insurance across the seven municipalities
Our clients own property right across Lanzarote, and where the property sits changes what a sensible policy looks like. In Tías, Puerto del Carmen, Costa Teguise and Playa Blanca a large share of the housing stock is holiday lets and second homes, so the use declaration and the liability section matter more than the headline premium. In Arrecife the typical case is an apartment in a comunidad, where the split between the community policy and your own is the question worth getting right.
In Teguise, San Bartolomé, Tinajo, Yaiza and Haría we see more detached houses and fincas, with outbuildings, water deposits, solar panels and boundary walls that are easy to leave out of the sums insured and costly to discover only when you claim. The same applies to the smaller places: Tahíche, Guatiza, Arrieta, Punta Mujeres and Órzola in the north, La Santa and La Vegueta on the west side, and Femés, El Golfo and Playa Quemada in the south.
Wherever the property is, we work out the rebuild value with you rather than copying the purchase price into the form. Underinsuring the building is the single most common mistake we correct on policies clients bring us, and it is the one that hurts most, because the insurer reduces the payout in proportion.
Frequently asked questions
Is home insurance compulsory in Spain?
Not for the owner as such. If you have a Spanish mortgage, the lender will require buildings cover for the rebuild value, and that part is effectively compulsory for as long as the mortgage runs. Everything else, contents, liability, assistance, is your choice. What you should not do is let the bank set the sums insured and never look at them again: that is how properties end up underinsured years later.
Do I need to tell the insurer that I let the property to holidaymakers?
Yes. An ordinary home policy is written on the basis that you live in the property. Letting it to holidaymakers changes both the risk and the liability exposure, and if it was never declared an insurer can reduce or decline a claim. Tell us how often you let it and we will place it with an insurer that accepts that use, rather than one that will argue about it later.
My property stands empty for several months a year. Does that matter?
It does, and it is worth being precise about it. Insurers distinguish between a main home and a property that is regularly unoccupied, and the wording follows: one large Spanish insurer treats a home as a main residence only if it is empty for no more than 30 consecutive days a year, and caps theft cover in an unoccupied second home. Declare the months honestly and you get a policy written for that situation, at a price that reflects it.
Are volcanic and earthquake damage covered on the Canaries?
Yes, through the Consorcio de Compensación de Seguros. Earthquake, seaquake, volcanic eruption, extraordinary flooding and atypical cyclonic storms are compensated by this state body, and the levy that funds it is collected with the premium of every ordinary property policy. The precondition is simply that you hold a valid policy. After the Cumbre Vieja eruption on La Palma in 2021 the Consorcio handled around 12,600 claims, the majority of them on homes.
My comunidad already has a policy. Do I still need my own?
In almost every case, yes. The community policy covers the structure and the shared areas, the roof, façade, stairwell and risers. It does not cover your contents, your own fittings, or your personal liability. It is also worth checking that the policy exists at all: unlike Madrid and Valencia, the Canaries appear to have no regional rule obliging a comunidad to insure. We read the community wording alongside your own so the two fit together.
Will my UK or German home policy cover a property in Lanzarote?
Generally not. A policy written in your home country covers a residence there, and for a property in Spain it is usually either not liable at all or only in a very limited way. A Spanish policy is written around Spanish law, around the Consorcio, and around a local claims process. It also means that when something happens you can report it to an office on the island rather than to a call centre two thousand kilometres away.
How does a claim work if my Spanish is limited?
You report it to us, in English, by phone or at the office in Tías. We take the details, deal with the insurer and, where an extraordinary event is involved, with the Consorcio as well, and we stay with it until the claim is settled. You do not have to fill in Spanish forms or explain a burst pipe on the telephone in Spanish.
C1 Broker Lanzarote · Visit us in Tías
Your home on Lanzarote, insured for the way you actually use it
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