Mapfre vs Pelayo: which is better? Comparison 2026

By our public methodology Mapfre scores 85 out of 100 and Pelayo scores 70. Below: the factors and facts where they differ, each fact with its source.

Insurance companies in Spain 2026: a ranking built on verified facts How we rank

1

Mapfre

85/100
3

Pelayo

70/100

Score breakdown

MapfrePelayo
Reliability6375
Service10043
Products10083
Transparency100100

Pros and cons

Mapfre

  • Wide range of products for private customers
  • Holds a financial strength rating from a recognised agency
  • Publishes annual financial reports
  • Policies can be bought online

Pelayo

  • Long track record as a licensed insurer
  • Wide range of products for private customers
  • Publishes annual financial reports
  • Policies can be bought online
  • No rating from a recognised agency stated on the website

Facts side by side

FactMapfrePelayo
Licensed sinceNot verified1933 pelayo.com
Buy a policy onlineYes mapfre.esYes pelayo.com
Rating from a rating agencyYes mapfre.comNo grupopelayo.com
Financial reports onlineYes mapfre.comYes grupopelayo.com
Part of a groupYes mapfre.comYes pelayo.com
Report a claim onlineYes mapfre.esNot verified
Mobile appYes mapfre.esNot verified
24/7 phone lineYes mapfre.esYes pelayo.com
Offices in the country2,945 mapfre.esNot verified
Retail lines offered (of 6)6 mapfre.es5 pelayo.com
Policy terms onlineYes mapfre.esYes pelayo.com
Complaints procedure publishedYes mapfre.esYes pelayo.com
Calculator or tariffsYes mapfre.esYes pelayo.com

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