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LINEA DIRECTA LAUNCHES FIRST COMPREHENSIVE ANTI SQUATTING INSURANCE

'Squatting' has become a major problem in Spain, with more than 16,700 complaints last year, which means more than 45 a day.

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Today, Monday, Línea Directa will present a new comprehensive 'anti-squatting' insurance in order to provide coverage to the thousands of homeowners concerned about the illegal occupation of their real estate, a move which will be, the company, assures, the first insurance with this coverage in Spain.

The new Housing Law provides instruments to owners to take measures both for occupants who entered by force and those who do so without violence, as is the case of those who have stopped paying the rent, being able to request the intervention of the State Security Corps and Forces provided that a series of requirements are met. Although we will have to wait for the announcement later today to find out all the coverage and conditions of this new anti-squatter insurance holds, it will be especially interesting for homeowners in Catalonia, which leads the occupancy ranking in Spain with 42% of cases, the Valencian Community, Extremadura and Murcia, which saw the number of occupied homes increase in 2022.

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