€1,400 deposit even with full insurance. Normal in Spain?

Looking at renting with Centauro and even after adding full insurance, they’re asking for a €1,400 refundable security deposit.

I checked a few other companies and they all seem to be in the €1,000 to €1,500 range.

Is this just standard practice in Spain now? Or is there something I’m missing in the fine print?

Would appreciate hearing what others have experienced recently.

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