Business and Operational Liability Insurance

For Mallorca, Canary Islands, and Mainland Spain

Business and Operational Liability Insurance in Mallorca and Spain

As an expatriate, you must first know that a business and operational liability insurance is essential for every company in Spain, regardless of its size or industry.

It protects you against personal injury, property damage, legal claims, and financial losses. Whether someone is injured on your premises or you accidentally cause damage to a third party, your insurance steps in to cover costs and legal fees. Why is this important?

Even small accidents can lead to significant financial consequences. With customized liability insurance, you protect your business and mitigate the risks it faces. It is advisable for you to focus calmly on running your business and its success. We help you find the best insurance coverage at the most affordable rates, all in your language. We aim to make this process as smooth as possible.

Since we do not represent just one insurance company, you enjoy a wide selection of insurers with IBERIA INSURANCE BROKERS. We find the solution that suits your needs.

Why choose Iberia Insurance Brokers?

Tailor-made rates and a wide selection

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

We are independent

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

Always there for you

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

What does our business and operational liability insurance cover?

Personal Injury
Property Damage (repair or replacement costs)
Financial losses resulting from personal injury or property damage
Fire
Fire, explosion, smoke damage.
Water damage (rain, flood, plumbing)
Water damage to materials and inventory, detection and repair of water damage.
Natural hazards (storm, hail, snow, lightning)
Damage due to vandalism
Glass Breakage
Burglary - Theft
Overvoltage Damage

More than just Standard

At Iberia Insurance Brokers, customers receive Iberia Service+. This provides you with more service without having to pay extra or sign an additional contract. This includes:

Selection of insurance from over 10 different insurance companies
24-hour hotline - free - nationwide in Spain
Personal consultation at the customer's location
Cost-benefit analysis of old insurance with optimization proposals
Consultation in your language

The benefits of business and operational liability insurance in Spain

We offer special conditions, flexible insurance solutions, and free, independent consultation in German, tailored to your needs.

Special Conditions

through our partnerships with top insurers.

Flexible and individual solutions

that comprehensively protect your business.

Free consultation in German

independent and tailored to your needs.

Important Questions & Answers

Frequently asked questions about business and operational liability insurance:

WHAT exactly is commercial liability insurance, and do I really need it in Spain?

Commercial liability insurance protects you if something unexpected happens – for example, if someone gets injured in your business or you accidentally damage someone else’s property. Even if it’s not always legally required in Spain, it’s a smart safeguard to avoid high costs from accidents or legal disputes. Consider it a safety net for your business.

DOES my business really need commercial liability insurance?

No matter whether you run a small café, a start-up, or a larger business – commercial liability insurance is important. Every business, big or small, takes certain risks. In particularly risky industries like construction or healthcare, it’s even more crucial. But any company that interacts with customers or the public can benefit from this coverage.

WHEN does commercial liability insurance provide protection?

Commercial liability insurance covers damages caused by you as a business owner or your staff during work to third parties (so-called personal injuries) or their property (property damage).

WHAT does this insurance actually cover?

It covers costs if something goes wrong – such as if a customer falls in your store or you accidentally damage a customer’s property while working. It also covers legal fees if someone sues you. In short, it protects you from the costs that can arise in daily business operations and helps you avoid financial worries.

IS commercial liability insurance mandatory in Spain?

In most cases, it is not legally required. However, in certain industries like construction or specific service sectors, it may be mandatory. Even if it is not required for your business, this insurance provides peace of mind by ensuring you are protected in an emergency.

CAN I tailor the insurance to my business?

Yes, absolutely! Every business is unique, and your insurance should reflect that. Whether you’re in retail, hospitality, or a specialized sector – we work with insurers who offer customized solutions for your business. So you only pay for what you really need.

HOW high should the coverage amount be for commercial liability insurance?

When choosing the coverage amount for commercial liability insurance, the greatest possible damage case that could occur in your business should be taken into account. Particularly in the case of personal injuries, sufficient coverage is absolutely necessary.

Since very high damage amounts can sometimes arise depending on the type of damage caused, it is very important in the context of commercial liability insurance to pay attention to sufficient coverage when signing the contract.

Iberia Insurance Brokers will be happy to help you determine appropriate values for your business.

WHAT will it cost me?

The costs depend on the size of your business, the type of activity, and the desired coverage scope. But don’t worry – we help you find a plan that fits your budget and offers the best possible protection. It’s about finding the right balance between affordability and security.

WHAT happens if someone makes a claim against my business?

If a claim is made, your insurance covers legal fees, any compensations, and other related expenses – up to the coverage limit of your policy. This way, you can focus on your business without fearing that a lawsuit will strain your finances.

CAN I adjust the insurance as my business grows?

Definitely. If your business changes or grows, your insurance should grow with it. Whether you hire more staff, offer new services, or expand – we adjust your coverage so that you are always optimally protected.

HOW quickly can I be insured?

We can generally set up your policy quite quickly. Once we know the risks of your business, we help you arrange the right coverage quickly so you can focus on what’s important – your business.

WHAT is the difference between commercial liability insurance and professional liability insurance?

Commercial liability insurance covers general risks such as accidents or property damage. Professional liability insurance, on the other hand, protects you if a customer claims you made a mistake or were negligent in your professional activity. Depending on the industry, you may need both – and we help you make the right choice!

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 personal advice? Let us provide you with non-binding advice. Provide us with your email address or phone number, and we will contact you immediately.