How to deduct more than €1,300 on your Income Tax Return for home insurance

More than 1,300 euros in deductions at your disposal for the Income Tax return. If you have a mortgage contracted before 2013 and a linked home insurance, you can save a good sum with the 2025 IRPF.

The Tax Agency has confirmed the conditions that allow you to benefit from this deduction, which can exceed 1,000 euros and reach up to 1,356 euros, as long as the requirements for the contract and validity of the mortgage loan are met.

Requirements to deduct home insurance linked to the mortgage

Temporal and contractual conditions

The key lies in the acquisition date of the property: it must be before January 2013. In addition, the mortgage must remain active with the same financial institution and the home insurance must be strictly tied to this loan.

This temporal limitation marks the difference between who can claim the deduction and who cannot, a detail that often goes unnoticed but conditions access to this tax benefit.

Base and percentage of the deduction

The maximum base to apply the deduction is 9,040 euros of capital invested annually. On this amount, 15% can be deducted, which raises the deduction up to a maximum of 1,356 euros.

It must be kept in mind that it is not possible to deduct the total insurance premium; only the part linked to the mortgage risk can be included in the return.

Which home insurance concepts are deductible?

Part linked to the mortgage

Only the coverage that protects the home against incidents related to the mortgage is deductible. This means that basic coverages, such as protection against fire or major damages, are included in the tax calculation.

Exclusion of complementary coverages

Any additional coverage, such as minor damages, travel assistance, or theft of personal belongings, is excluded from the deductible base. This restriction complies with regulations that only allow deductions for elements directly related to the investment in the main residence.

Other deductions in force in the 2025 Income Tax return

Family and cohabitation deductions

The 2025 campaign maintains other tax incentives, such as a deduction of up to 2,500 euros for families who live with and care for ascendants over 75 years old, provided the cohabitation requirements and income limits are met.

Deductions for improvements and transitional regimes

Deductions related to the acquisition or financing of housing under transitional regimes and for improvement works intended for people with disabilities also remain in force, each within its regulatory scope.

The Income Tax return is a minefield of details that can mean significant savings. Home insurance linked to mortgages prior to 2013 is a tax ally that many overlook.