Consorcio is the insurer of last resource of compulsory motor car third-party liability insurance for vehicles rejected by the market, as well as for fleets of any public body that requesting this cover. It is also the guarantee fund for damages caused by unknown, uninsured or stolen vehicles.
Damage to persons following claims occurring in Spain, in which the vehicle causing the occurrence is unknown. However, if as a consequence of an accident caused by an unknown vehicle there were to be significant personal injury, the CCs will also have to indemnify eventual losses to goods deriving from the same accident. In this case a deductible not exceeding 500 Euros could legally be established. Considered to be significant damages are: death, permanent invalidity or temporary invalidity which requires, at least, hospitalisation for a period exceeding seven days.