Rather than making comparisons with other countries lets just look at what is available in Spain and what it entails.
There are two types of motor vehicle insurance policies available in Spain.
The maximum indemnity covered by this type of insurance is:
In the event of personal injury, the person responsible for the accident will not be obliged to pay indemnity if the injuries resulted through negligence on the part of the injured party or through force majeure.
Third party liability will not cover:
The policy does not cover any liability caused in any of the following circumstances:
All the same, in such cases, the insurance company shall pay the corresponding indemnity to the injured party, which may then be claimed against the insured.
Extra cover can be added to the insurance policy for the driver and passengers (seguro de ocupantes), which is strongly recommended so as to include the driver and his family, who would otherwise not be covered.
The Fully Comprehensive Policy (Seguro a todo riesgo), as the name implies covers all risks, mainly as follows:
Should the insured fail to pay the premium, he or she will have 5 months grace and, if paid within this period of time, cover will be resumed in 24 hours. In order to contract a policy, it is advisable to show proof of no claims from your previous insurer, as this will help reduce the cost of your insurance premium.
If you have moved from another European country it may be possible that your old insurance company also operates in Spain, this would help to get a better rate as they can check your claims history much faster.
Of course as usual, we advise that these are just general guidelines and any questions referring to individual cases or circumstances should be directed to a Spanish Lawyer.