From 2025, the Balearic Islands will require that all tourist accommodation have a liability insurance that covers damages to third parties and guests. This measure aims to increase legal certainty and protect both owners and visitors.
The minimum coverage required will be: 300,000 euros, although it is recommended to expand them depending on the type of property or its location.
In addition, owners must keep valid insurance certificates and present them upon request.
Mallorca Owners offers a service of policy comparison and direct contracting with insurers specializing in the Balearic market, including additional coverage against non-payments or cancellations.