Which people with home insurance will be able to deduct more than €1,000
Homeowners with a mortgage and home insurance can deduct up to 1,356 euros on the 2026 Income Tax Return. This deduction only applies to homes purchased before 2013 and with an active mortgage loan linked to the insurance.
If you have home insurance associated with an active mortgage, it is likely that you can save more than 1,000 euros on your Income Tax Return. But not everyone qualifies: there are conditions that must be met.
Requirements to qualify for the home insurance deduction
What are the essential criteria to claim the deduction?
The deduction only applies to homes acquired before January 2013, with an active mortgage and insurance contracted with the same financial institution from the beginning of the loan. Without these points, no discount applies.
Why is this deduction of interest to homeowners with a mortgage?
Because the maximum deductible base for investment in primary residence is 9,040 euros annually. With a rate of 15%, the deduction reaches 1,356 euros. A figure that can make a difference in the final amount to pay or receive back.
Deductible coverage of the home insurance
What part of the insurance can really be deducted?
Only the part of the insurance linked to the mortgage can be deducted, usually the coverage of serious damage to the home. Coverage for minor damages or supplements do not count for the deduction.
Why can't the entire home insurance be deducted?
Because the Tax Agency limits the deduction to the actual investment in primary residence. This excludes services or coverages that do not directly affect the guarantee of the mortgage loan.
Other current deductions related to housing
What other deductions can benefit families?
Deductions remain active for caring for elderly ascendants over 75 years old, with a limit of up to 2,500 euros, as well as incentives for acquisition or improvement of housing under special regimes or for people with disabilities.
How does all this affect the 2026 Income Tax Return?
These deductions create a scenario where the tax burden can be greatly eased if the requirements are met, making the return not just an obligation, but a saving opportunity.
| Type of deduction | Conditions | Maximum deductible amount |
|---|---|---|
| Home insurance linked to mortgage | Home purchased before 2013 and active mortgage | 1,356 € |
| Deduction for care of elderly ascendants | Co-residence and income according to requirements | Up to 2,500 € |
| Deductions for home improvements | People with disabilities or transitional regimes | Variable depending on case |
The deadline to file the 2025 Personal Income Tax Return has been open since April 8 and affects all people with income over 22,000 euros a year from a single payer, or more than 15,876 euros if they have several. But this home insurance deduction could be the best news you get if you have a mortgage and active insurance.
The reality is that not everything is as simple as it seemed when you signed the mortgage. This deduction is only for a minority with old contracts and active mortgages, a detail that excludes many current homeowners. And, no matter how expensive the insurance is, only a part can be deducted—the part related to the mortgage.
So, before filing your return, carefully check if you meet the requirements so you don’t miss this saving opportunity that not everyone knows about.
