Your insurance may be different, but my EU green card issued in Germany was (on request) validated for both Morocco and Turkey and the Balkan states at no extra cost and was accepted without problems. British insurance companies aren't so accommodating.
Our motorhome is registered and insured by a company even though we paid for it, and at the Morocco border, we had to satisfy them that we were entitled to be driving it.
One way around that is if you get the ferry ticket in Spain, some agencies will also type up the import papers as a service and you can ask them to put your name on the documents as well as the leaseholders name. Then there will be less hassles.
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