Insurer profile
Pelayo Mutual Insurance and Reinsurance Company at Fixed Premium
Pelayo Mutual Insurance and Reinsurance Company at Fixed Premium · Spain
Overview
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.
Source19
Products in this market
2
Offer pages
Company details
- Regulator
- Directorate-General for Insurance and Pension Funds (DGSFP)
- Phone
- +34 915 200 500
Products from Pelayo Mutual Insurance and Reinsurance Company at Fixed Premium
Motor8
Third-Party Basic Car Insurance
Basic mandatory and voluntary third-party liability coverage for cars, including driver protection, roadside assistance, and legal protection.
Third-Party with Glass Car Insurance
Third-party basic coverage plus repair or replacement of vehicle glass, including home windscreen repair for small impacts.
Extended Third-Party Car Insurance
Third-party coverage including glass, fire, and theft protection, with 100% vehicle value reimbursement in the first two years.
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.
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.
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.
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.
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.
Property4
Home Insurance
Comprehensive home insurance covering fire, theft, water damage, glass breakage, legal protection, and liability, available for main homes, second homes, landlords and tenants.
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.
Residents Community Insurance
Insurance for residents' communities covering building damage, communal water damage, fire, and civil liability, with urgent interventions guaranteed within three hours.
Agricultural Insurance
Agricultural insurance products for all farming models, offered in partnership with Agromutua through AgroPelayo.
Other2
Personal Accident Insurance
Personal accident insurance covering hospitalisation, permanent disability, death from accident, and optional double capital for traffic accidents.
Bereavement (Funeral) Insurance
Funeral and bereavement insurance covering all funeral costs, legal formalities, psychological assistance, and optional repatriation for deaths abroad.
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
Casco (own-damage car insurance)
casco (own-damage car insurance) from Pelayo for the Spain market, with online purchase and 24/7 assistance.
Last verified Jul 18, 2026
Motor third-party liability
motor third-party liability insurance from Pelayo for the Spain market, with online purchase and 24/7 assistance.
Last verified Jul 17, 2026