REGULATION CAPACITY |
ALLOCATING FACTOR |
Filing and payment forms and payment deadlines |
Location of the risk or commitment in the Basque Country |
INSURANCE PREMIUMS |
RULES FOR LOCATION OF THE RISK IN THE BASQUE COUNTRY |
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Real property | Only real property | Location of the property in the Basque Country | |
Real property and its content in same insurance policy | Location of the property in the Basque Country | ||
Only movable goods inside real property | Location of the property in the Basque Country | ||
Real property located in both common territory and foral territory | In proportion to the value of the property located in each territory | ||
Vehicles | Habitual residence or fiscal domicile of the person or entity under whose name the vehicle is registered in the Basque Country | ||
Risks arising during travel (for a period equal to or less than four months) | Policyholder signs the contract in Basque territory | ||
Other cases not explicitly covered | Individuals | Habitual residence of the policyholder in the Basque Country | |
Others | Corporate or branch domicile referred to in the contract is located in BC | ||
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RULES FOR LOCATION IN THE BASQUE COUNTRY |
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Life insurance policies | Individuals | Habitual residence of the policyholder in the Basque Country | |
Others | Corporate or branch domicile referred to in the contract is located in the BC |
SUBSIDIARY RULES FOR LOCATION IN THE BASQUE COUNTRY |
Contracting party is an entrepreneur or a professional who has the effective seat of management or a permanent establishment, or in lieu thereof, his or her place of residence in the Basque Country. |