Insurer profile
Pelayo Mutual Insurance and Reinsurance Company at Fixed Premium
Pelayo is a Spanish fixed-premium mutual insurer founded in 1933. It is 100% Spanish-owned with no external parent group, operating across all of Spain with over 850,000 policyholders and nearly 1,200,000 policies. It offers a wide range of insurance products including motor, home, health, life, accidents, communities, commerce, pets, hunting, bereavement, and agricultural insurance.
Source- Legal entity
- Pelayo Mutual Insurance and Reinsurance Company at Fixed Premium
- Headquarters
- Madrid, Spain
- Regulator
- Directorate-General for Insurance and Pension Funds (DGSFP)
- Phone
- +34 915 200 500
- protecciondedatos@pelayo.com
- Founded
- 1933
- Last verified
- Jul 17, 2026
Products from Pelayo Mutual Insurance and Reinsurance Company at Fixed Premium
motor
Third-Party Basic Car Insurance
Basic mandatory and voluntary third-party liability coverage for cars, including driver protection, roadside assistance, and legal protection.
motor
Third-Party with Glass Car Insurance
Third-party basic coverage plus repair or replacement of vehicle glass, including home windscreen repair for small impacts.
motor
Extended Third-Party Car Insurance
Third-party coverage including glass, fire, and theft protection, with 100% vehicle value reimbursement in the first two years.
motor
Comprehensive Car Insurance (All Risk, No Excess)
Full comprehensive coverage including own damage without excess, with 110% vehicle value payout in the first two years.
motor
Comprehensive Car Insurance (All Risk, With Excess)
Full comprehensive coverage with a deductible applied when the policyholder is at fault; Pelayo covers amounts exceeding the excess.
motor
Basic Motorcycle Insurance
Mandatory and voluntary third-party liability for motorcycles, including driver insurance, roadside assistance from km 0, legal protection, and licence loss benefit.
motor
Extended Motorcycle Insurance (Fire and Theft)
Motorcycle insurance covering third-party liability plus fire and theft, with 100% vehicle value recovery in the first year if stolen.
motor
Moped Insurance (up to 50cc)
Specific policy for mopeds and scooters up to 50cc, including mandatory and voluntary liability, legal protection, and a monthly subsidy if the licence is lost.
property
Home Insurance
Comprehensive home insurance covering fire, theft, water damage, glass breakage, legal protection, and liability, available in Basic, Plus, and Premium tiers.
property
Commerce and Offices Insurance
Insurance for small and medium-sized businesses and offices, covering material damage, liability, and urgent repairs resolved in under three hours.
property
Residents Community Insurance
Insurance for residents' communities covering building damage, communal water damage, fire, and civil liability, with urgent interventions guaranteed within three hours.
health
Health Insurance
Private health insurance providing access to a wide medical network, covering diagnostic tests, specialist consultations, and surgical procedures.
life
Life Insurance
Life insurance covering death by any cause and permanent disability, with optional critical illness and accident double-capital riders.
other
Personal Accident Insurance
Personal accident insurance covering hospitalisation, permanent disability, death from accident, and optional double capital for traffic accidents.
pet
Pet Insurance (Domestic Animals)
Pet insurance covering owner civil liability for damage caused by pets, veterinary assistance for accidents, and indemnity for animal death or sacrifice.
other
Bereavement (Funeral) Insurance
Funeral and bereavement insurance covering all funeral costs, legal formalities, psychological assistance, and optional repatriation for deaths abroad.
liability
Hunting and Fishing Insurance
Liability and accident insurance for hunting and fishing activities, covering third-party damages and personal protection during these sports.
property
Agricultural Insurance
Agricultural insurance products for all farming models, offered in partnership with Agromutua through AgroPelayo.
financial
Pension Plans
Individual pension savings plans offering tax benefits and flexible contribution options to prepare for retirement.
Regulatory updates
According to the DGSFP's 2024 Complaints Report, Pelayo Mutua ranked second among Spanish insurers in complaints per million euros of earned premiums, with a ratio of 0.65. The DGSFP also issued a ruling against Pelayo in late 2025 regarding the improper application of multiple franchise deductibles for vandalism damage claims, requiring Pelayo to report compliance within one month and warning of potential sanctions for non-compliance. Pelayo is registered in the DGSFP under key M0050 and CIF G-28031466.
Reputation and reviews
Offer pages
Motor casco
Pelayo is a motor casco insurance for the Spain market with online purchase and 24/7 assistance.
Last verified Jul 18, 2026
Motor third-party liability
Pelayo is a motor third-party liability insurance for the Spain market with online purchase and 24/7 assistance.
Last verified Jul 17, 2026