3 ms·

I suppose you don't get a lot of hurricanes in Madrid, do you? My premium in the US for a 4000sq ft home in an area with mild hurricane risk (Cat 1-2 possible,

I suppose you don't get a lot of hurricanes in Madrid, do you? My premium in the US for a 4000sq ft home in an area with mild hurricane risk (Cat 1-2 possible, but uncommon) is around $1400/year. Florida is a very high risk area, so it makes sense that premiums are high.

fasteo 3y ago
>>> I suppose you don't get a lot of hurricanes in Madrid, do you? It works different in Spain. No standard home insurance policy will cover any natural disaster. Instead, there is a higher state organization (Consorcio de Compensación de Seguros) that will cover damages from natural disasters, terrorism, riots, revolts, etc