Running an SME in Spain is an adventure to be proud of. You put your time, passion and savings into it. But one unexpected event - a fire in the warehouse, a break-in or water damage - can bring your business to a sudden halt. With our business insurance for SMEs you don't have to worry about that. You protect your property, your resources and your future.
Who is this for?
This insurance is for small and medium business owners who want to protect their business from the most common risks. Whether you have an office, a workshop, a small production unit or a catering business, with this package you are not alone when the unexpected happens.
What if things go wrong?
Your business remains protected from incidents that could shut down your operation:
- Fire, explosion or lightning strike
- Storm, flood, smoke or vandalism
- Water damage, including leak detection and repair
- Glass breakage and damage to signs, windows or plumbing fixtures
- Electrical damage to plant and equipment
A leaking water pipe or a storm destroying your storefront window? With this coverage, you recover quickly and can continue to do business.
Your financial security
Not only material damage counts. This insurance also catches the financial consequences:
- Liability to third parties (material or physical)
- Theft or burglary, including damage to your premises in the event of attempted burglary
- Loss of income when your business shuts down due to an insured loss
This allows you to continue serving your customers even after a setback.
Tailored to your business
No two companies are the same. That's why you can count on flexible terms:
- Liability applies in Spain and Andorra, and in the EU at fairs or exhibitions
- Payment annually or in installments, as you prefer
- Automatic renewal with the freedom to cancel in a timely manner
Entrepreneurship with peace of mind
With GrupoXandra, you choose a partner who understands what doing business in Spain means. You focus on your growth, we make sure your business is protected.
Request your free quote to and discover how easy business can be with the right insurance.
Do you have any questions? Here are the answers
What companies is business insurance for?
For small and medium-sized enterprises (SMEs) in Spain: stores, offices, studios, restaurants, production companies and self-employed people with their own business.
What risks does the policy cover by default?
Among others fire, explosion, lightning strike, storm, water damage, vandalism, burglary, glass breakage and damage caused by electricity to plant or equipment.
Is liability to third parties included?
Yes. The insurance covers material and physical damage that you or your company inadvertently cause to third parties.
Can I protect my income if my business has to close?
Yes. In an insured claim, you are covered for loss of income (business interruption), so that your business can continue to run financially.
Are burglary and theft also insured?
Yes. The policy covers theft and damage due to burglary or attempted burglary, including repair of doors, windows and locks.
Does the coverage only apply in Spain?
No. Liability also applies in Andorra and the EU, such as when participating in fairs or exhibitions.
Are machines and electronic devices insured?
Yes. Damage due to electricity or malfunction of machinery, computers and installations is included, depending on the coverage selected.
Can I co-insure glass breakage and billboards?
Yes. Storefront windows, signs and plumbing. can be insured as standard or optional.
How is compensation calculated?
A insurer's expert determines the damage. Then the cost of repair or replacement is reimbursed up to the agreed limit.
What if my premises are rented?
Tenants can also purchase business insurance. You then insure mainly the contents and improvements of the property. The owner is usually responsible for the building itself.
How do I report a claim?
In case of damage, contact GrupoXandra immediately. We will take care of the complete claim settlement in your own language, in cooperation with the insurer.
Can I pay my premium in installments?
Yes, you choose annual payment or payment in installments, depending on what best suits your cash flow.
Can I expand the insurance as my business grows?
Yes. The policy is flexible and can be easily adjusted as your business grows or covers more risks.
In what languages will I receive documents and service?
The official policy documents are available in Spanish and often in English as well. GrupoXandra also offers service, advice and claims support in Dutch, English, German, French and Spanish.
Why do expatriate entrepreneurs choose GrupoXandra?
Because for more than 20 years we have been Guide expatriates and entrepreneurs in Spain. With our multilingual service and experience, we ensure that your case is always well protected, without surprises or language problems.