YOUR AFFORDABLE CAR /
AUTO INSURANCE

For Mallorca, Canary Islands, and Mainland Spain

Securely to Your Car Insurance with Iberia

All vehicles used by residents must be registered in Spain and require valid car insurance.

We strive to offer you the best options tailored to your individual needs—even for younger drivers. Our goal is to provide you with comprehensive protection at affordable rates, with flexible policies that fit your personal situation.

Since we represent not just ONE insurance company, IBERIA INSURANCE BROKERS offers you a wide selection of insurers. We find the best and most affordable insurance for you.

Why Choose Iberia Insurance Brokers?

Customized Rates and Wide Selection

We work closely with various insurers to achieve the best special rates FOR YOU.

We are Independent

We offer free and non-binding advice. We work with various insurers to ensure you get the best insurance coverage.

Always There for You

Excellent German-speaking customer service, 24 hours, even on holidays.

What Our Car Insurances Provide

Car Liability Insurance:

Partial Comprehensive Car Insurance:

Full Comprehensive Car Insurance:

More than Just Standard

At Iberia Insurance Brokers, customers receive the Iberia Service+. This means you get more service for which you don’t have to pay extra or need to sign an extra contract. This includes:

Selection of Insurances from over 10 Different Insurance Companies
24-Hour Hotline - Free - Across Spain
Personal Consultation at the Customer's Location
Cost-Benefit Analysis of Existing Insurances with Optimization Suggestions
Advice in Your Language

The Benefits of Car Insurance in Spain

A car insurance in Spain offers legally mandated liability protection, flexible additional coverages such as comprehensive and theft insurance, and prompt assistance in case of damage, often with 24/7 service – ideal for foreigners in Spain too.

Mandatory Protection and Legal Compliance

Liability insurance is legally required and protects against financial consequences due to damages inflicted on others. Without this coverage, high fines or the immobilization of the vehicle are likely.

Individual Protection through Additional Insurances

Spanish insurers offer flexible packages like partial or full comprehensive, theft, or accident insurance. You can adapt your policy to your personal needs.

Support in Case of Claims

Many insurers in Spain offer quick assistance in accidents, such as 24/7 breakdown service and claims settlement, often in your language – especially beneficial for foreigners in Spain.

Important Questions & Answers

Frequently Asked Questions About Car Insurance:

WHAT does the car liability insurance cover in Mallorca and Spain?

The car liability insurance in Spain not only provides you with legally required protection but also a sense of security that you are not alone in difficult moments.

Bodily injuries: If you are involved in an accident and someone is injured, your liability insurance covers medical expenses, hospital bills, or necessary rehabilitation measures. This way, you don’t have to worry about financial burdens during an already stressful time.
Property damage: Whether it’s about the damaged car of another driver or damages to someone else’s property – the insurance kicks in and covers costs for repairs or replacements so that you don’t have to pay out of your own pocket.
Legal support: Should legal issues or disputes arise, the insurance assists you and covers attorney and court costs. Thus, you are also legally protected and can rely on professional support.

WHAT does the partial car insurance cover in Mallorca, Spain?

Fire: If your car is damaged or destroyed by fire – whether from an engine fire or an external incident such as vandalism – the partial coverage covers the damage costs. Especially in parts of Spain prone to hot summers and occasional fires, this is an essential protection.
Theft: If your vehicle is stolen, the partial coverage in Spain helps compensate for the loss. This protection is particularly reassuring in tourist areas where the risk of car theft may be higher.
Natural disasters: Spain can experience extreme weather conditions like hail, floods, or storms. In Spanish partial coverage, these natural hazards are typically covered, which is a major advantage.
Vandalism: A scratched paint job or broken windows due to vandalism? Partial coverage protects you from the costs of such damages. This is an important aspect, especially in larger cities or tourist regions.

WHAT does the comprehensive car insurance cover in Mallorca, Spain?

Accident damages to one’s own vehicle: No matter whether it’s a self-caused accident or hit-and-run by the other party – the comprehensive insurance in Spain covers damages to your own vehicle, including repair costs or replacement in the event of a total loss.
Theft and vandalism: If your car is stolen or damaged, whether by burglary, theft, or deliberate vandalism, the insurance kicks in. Especially in urban areas or tourist hotspots in Spain, this can be a crucial protection.
Damage from natural events: The Spanish comprehensive coverage also includes damage from extreme weather conditions, such as floods, landslides, hail, or storms, which occur more frequently in certain regions of Spain (such as the coast or mountain regions). This coverage is often already included in the standard contract, which is often only offered as an additional option in Central Europe.
Fire and explosion: If your vehicle is damaged by fire or explosions, the insurance covers the costs for repair or replacement. This is important especially in the hotter and drier regions of Spain, where fires are more common.
Glass damage: Damage to windows, such as stone chips or cracks in the windshield, is also covered. This coverage is included as standard in many Spanish comprehensive policies.
Damage caused by animals: If there’s an accident with an animal – whether on country roads or in rural areas – the damages to your vehicle are also covered.
Optional deductible: In Spain, you can often choose between various models, with or without a deductible (franquicia). A higher deductible lowers the monthly costs, while comprehensive insurance without a deductible is more expensive but offers the best protection.

WHAT is fundamentally different in Spanish car insurance?

In most countries, the damage of the injured party is covered by the insurer of the party at fault. In Spain, this is regulated differently. The so-called “Convenio” is a framework agreement of all car insurers licensed in Spain and stipulates that the injured party is compensated by their own insurance.

WHY am I not allowed to tow a vehicle myself in Spain?

In Spain, towing a vehicle yourself is generally not allowed, and there are some good reasons for this, relating to both safety and traffic regulations.

Unlike in some countries, where you can simply grab a towing rope and pull a friend’s car to the nearest workshop, Spain is more strict about this. Self-towing is considered too risky. The highway code states that vehicle towing can only be carried out by authorized towing services.

Why? One of the main reasons is safety. Amateur towing poses the risk that the towing equipment is not properly secured or that the towed vehicle is not adequately secured. Abrupt braking or a sharp turn could result in an accident, especially on Spain’s often narrow and winding roads. Moreover, professional towing vehicles have specialized equipment to transport the vehicle safely – something that can be easily lacking in a DIY action.

Another aspect is the traffic regulations. Traffic in Spain, especially within cities, can be hectic and chaotic. Self-towing could bring additional risks here and severely disrupt the traffic flow. Also, the risk of misunderstandings in traffic, especially among tourists, is a point considered by the authorities.

So, if your vehicle breaks down in Spain, it’s best to call an official towing service. This way, you avoid fines, dangers, and the stress that an unprofessional towing attempt might bring.

WHY is it difficult to insure young drivers between 18 and 25 years old in Spain and how is it different from Germany, Austria, and Switzerland?

In Spain, it can indeed be a challenge to insure young drivers between 18 and 25 years old. The main reason is that statistically, young drivers are more often involved in accidents. For insurers, this means a higher risk, reflected in significantly higher premiums. Some insurance companies even refuse to insure drivers under 25 or require additional insurance products, such as life insurance in a package, to reduce the risk.

Compared to Germany, Austria, and Switzerland, there are a few differences. While insurance premiums for young drivers are also higher in these countries, there are often more opportunities to reduce them. For instance, special rates or offers, like driver’s training to lower costs, are quite common in Germany. In Switzerland, young drivers can also benefit from good driver programs or family discounts.

In Spain, such flexible models are not yet as widespread. Here, the insurance conditions for young drivers are stricter, and premiums are often uniformly high. However, it’s worth comparing offers, as there are insurers with more attractive conditions – it just requires some patience and good advice.

Ultimately, it’s crucial to be well-informed and perhaps plan long-term. As you get older and gain driving experience, premiums decrease significantly. Until then, it is about finding the best possible solution to drive safely and under fair conditions on Spain’s roads.

WHAT should one do after a car accident in Mallorca and Spain?

The damaged traffic participant reports the damage to their car insurance.
This insurance then coordinates with the car insurance of the other party involved in the accident and clarifies the question of liability.
The injured party then takes their car to a workshop they trust.
Their insurer sends an appraiser to this location to determine the extent of the damage with the workshop.

WHAT should you do in the event of a car damage incident in Mallorca and Spain?

If you’re involved in an accident or have a damage incident in Spain, there are several important steps to follow to resolve the situation smoothly:

Stay calm
Notify the police
Fill out the accident report
Take photos
Inform Iberia Insurance Broker
Repair

More detailed instructions can be found in our article on reporting car accidents in Spain.

HOW does the standard accident report look in Mallorca and Spain?

Carrying a standard accident report (Declaración Amistosa de Accidente, DAA) is also mandatory. A translation of the individual positions is provided further down.
Both parties enter their information and provide a written statement on the question of liability. This report is signed by both parties and submitted to their respective insurers.

Download DAA (Declaración Amistosa de Accidente)

Translation of the Spanish car accident form:
Please print and keep with your vehicle documents. The items in the questionnaire are numbered consecutively. Download the DAA in German. Download the DAA in Spanish

Accident date and time
Accident location, road, kilometer marker, etc.
Accident injuries (also minor injuries) yes/no
Other property damage than to vehicles A or B yes/no
Witnesses with address and indication of whether they were passengers in A or B
Insured according to policy: Name, address
Vehicle: make, model, license plate
Insurer: Name, policy number, agency, possibly green insurance card with number, indication if comprehensive insurance exists
Driver: Name, address, driving license number with class, place and date of issue, validity of the driving license
Mark the point of impact with an arrow
Estimated damage
See below
Sketch with street names, traffic signs, position at the moment of collision
Remarks
Signature of both drivers

Tick questions for point 12: Each tick what applies to the accident on their side.

The vehicle was parked
I started from a standstill
I stopped
I drove out of a parking lot, property, dirt road
I drove into a parking lot, property, dirt road
I entered a roundabout
I drove in a roundabout
I rear-ended another vehicle in the same direction and lane
I was driving in the same direction in another lane
I changed lanes
I overtook
I turned right
I turned left
I reversed
I drove onto the opposite lane
I came from the right (at an intersection)
I didn’t observe a right of way sign.

Indicate the number of boxes checked!

WHAT are the advantages and disadvantages of Zurich car insurance?

Zurich’s car insurance offers flexible coverage options, where you only pay for what you really need. Key benefits include four levels of coverage starting with the mandatory liability insurance up to 70 million euros, roadside assistance, and basic legal and accident protection. Additional benefits include free choice of garage from over 800 partner workshops and optional extras such as extended legal protection or glass breakage protection that can be added individually.
A possible disadvantage is that optional coverages like theft protection, extended accident insurance, or total loss protection can increase the premiums. Although Zurich offers a great advantage through flexible customizability, the additional price may be seen as a disadvantage for some drivers seeking comprehensive coverage from the base.

WHAT are the advantages and disadvantages of Liberty car insurance?

The Liberty car insurance offers significant advantages for foreigners in Spain, including full coverage for drivers and passengers, roadside assistance from kilometer zero, and a no-claims discount of up to 65%. In case of total loss, fire, or theft, the vehicle is replaced at new value within the first two years. Additional benefits include legal support for fines, accident insurance, and free choice of workshop.
One downside is that optional additional coverages like vandalism or theft protection can increase premiums. The reduced premiums under the “set drivers” category only apply to certain drivers. While the insurance is particularly beneficial for foreigners in Spain, other insurers might offer more tailored options.

Free service:

We review and optimize your existing insurance.

We take a close look at your current insurance policies and offer you tailor-made comparison offers from leading insurers like Allianz, Generali, Zurich, DKV and many more.

Whether you have had insurance for a long time or just want to ensure you have the best coverage at the best price – we are here for you. Together, we check your existing policies and compare them with the latest offers we have created for you.

Personal consultation

Would you like a personal consultation? Let us advise you without obligation. Provide us with your email address or phone number, and we will contact you immediately.