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A home key held in an open hand describing the insurance offered by Lagos Homes your personal buyer’s agent to purchase your dream home in Portugal

Insurance

At Lagos Homes, we recognize the significance of obtaining dependable insurance coverage for your property. That's why we've established partnerships with reputable insurance providers to deliver customized solutions that cater to your specific requirements and effectively safeguard your assets. Whether it's insurance for your house, health, car, or more, our extensive network of trusted partners ensures that you receive comprehensive coverage tailored to your needs. With our expertise guiding the process, you can have peace of mind knowing that your valuable assets are protected, allowing you to enjoy your investments without worry.

A white Doctor's Desk describing the insurance offered by Lagos Homes your personal buyer’s agent to purchase your dream home in Portugal

1.Health Insurance

Health insurance is essential for all, yet finding comprehensive and affordable coverage can be challenging. Our dedicated partners specialize in analyzing health insurance products tailored for expats and foreign residents in Portugal, ensuring to provide you with the optimal solutions. 

Health Plan vs. Health Insurance

It's crucial to understand that a health plan differs fundamentally from insurance, whether health-related or otherwise. Unlike insurance, health plans operate independently of the oversight of the Portuguese Insurance and Pensions Supervisory Authority (ASF). Consequently, companies offering such "health plans" can operate without adhering to ASF regulations, potentially leading to irregularities. In contrast, insurance companies providing health insurance are subject to stringent oversight by the ASF, as well as compliance with Portuguese and European regulations and laws.

Companies

In Portugal, numerous insurance companies provide health insurance products and health plans, ranging from local firms to those affiliated with prominent international conglomerates. When considering health insurance, we strongly advocate selecting companies renowned for their reliability and integrity, such as:

- Allianz Health Insurance in Portugal
- Cigna Global Health Insurance in Portugal
- Multicare – Fidelidade – Health Insurance in Portugal
- Victoria – Future Healthcare
- Médis – Health Insurance in Portugal

What to Consider

In Portugal, health insurance options are available from both leading international insurers and local private providers.

Quotes for health insurance can fluctuate significantly based on factors such as the extent of coverage, age, co-payment arrangements, reimbursement systems, and access to doctors or clinics. Depending on your age and any pre-existing conditions, you may be required to complete a health questionnaire to obtain an accurate quote.

When purchasing health insurance in Portugal, it's crucial to scrutinize any clauses that grant insurers the authority to terminate your policy or raise premiums once you reach a specific age. These details warrant careful attention to ensure you select a policy that aligns with your long-term needs and financial security.

A beige Luxurious Home describing the insurance offered by Lagos Homes your personal buyer’s agent to purchase your dream home in Portugal

2.Home Insurance

Insuring your property after purchasing in Portugal is paramount to safeguarding your investment and ensuring peace of mind. Unexpected events such as natural disasters, accidents, or theft can pose significant financial risks without adequate coverage. The Portuguese insurance market offers various options and products to protect your villa, condo or flat.

Basic Plan

There are various options for home insurance in Portugal, each offering different levels of protection tailored to your needs and budget. Basic plans typically include essential coverage like Civil Liability, Water Damage, Home Assistance, Legal Protection, and Cleaning of Pipes and Gutters.

Medium Plans

For more comprehensive protection, medium insurance plans may include additional benefits such as Electrical Risks, Pest Control, Private Civil Liability, Theft or Robbery coverage, Online Doctor services, and repair or replacement of Electrical Appliances.

Multi-Risk Palns

For those seeking the highest level of coverage, multi-risk home insurance policies provide the most extensive protection. These plans encompass all the aforementioned benefits along with additional guarantees such as computer data recovery, coverage for gardens and jewelry, and higher coverage limits. With different coverage plans offered by insurance companies in Portugal, ranging from basic to comprehensive, it's essential to carefully consider the levels of coverage, limits, and deductibles to ensure your property is adequately protected against various risks and losses.

A white Electric Car Charging describing the insurance offered by Lagos Homes your personal buyer’s agent to purchase your dream home in Portugal

3.Car Insurance

When driving in Portugal, ensuring your vehicle is adequately insured is crucial. Not only does insurance protect your assets from potential harm, but it also ensures legal compensation in case of any untoward incidents. However, selecting the appropriate insurer and insurance level can be a complex task, much like in many other countries.

Coverage Options

There are various options for home insurance in Portugal, each offering different levels of protection tailored to your needs and budget. Basic plans typically include essential coverage like Civil Liability, Water Damage, Home Assistance, Legal Protection, and Cleaning of Pipes and Gutters.

Application Process

Expatriates seeking car insurance in Portugal must provide accurate information about their vehicle and driving history during the application process. This includes details such as vehicle specifications and previous claims history.

Claims Procedure

In the event of an accident, expatriates can file a claim with their insurance provider following the procedures outlined in their policy. It's essential to understand the steps involved in making a claim and to comply with any requirements set forth by the insurance company.

A Woman running through a field describing the insurance offered by Lagos Homes your personal buyer’s agent to purchase your dream home in Portugal

More Insurance Options

  • Life insurance

  • Business/ Shops

  • Boats

  • Pet insurance

  • Travel Insurance

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Do you have any questions?

We go beyond helping you find your dream property, offering expert guidance across all aspects. 

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