Home & Condo Insurance Thailand

Main Points of Home & Condo Insurance Thailand

Main Home and Condo Insurance Coverage

Home and Condo Insurance covers both structural damages to your home space and furniture and belongings inside your home. Coverage against all potential risks. This type of insurance will also provide additional coverage against burglaries and damages that are made as well as third party liabilities.

Fire and other hazards

The coverage of home and condo insurance protects from natural disasters such as fire, lighting (including damage to electrical appliances) and damage caused by short circuit, aircraft disasters, smoke and water hazard and protection from flood. The coverage from flood depends on each plans as mentioned by the insurance company. Most flooding damages are covered (but there are also some companies who do not) - Check with your agent the details of your home and condo insurance to be sure.

Robbery (stealing, stealing, plundering)

Coverage will also protect from theft. It will cover the loss of furniture or contents inside your property within the building. In addition to protecting lost items, damage to property is also covered such as tampered with doors or windows. (IT equipment is also covered such as notebook, mobile, computer, etc.)

Cash Insurance

Cash insurance covers and protects cash that is in the home during an incident of theft or robbery. Some insurance companies cover and protect the home with this coverage with a limit on the cash lost, although some companies do not cover this as well - check with your agent or broker to see if this is covered in your chosen plan.

Expense for temporary accommodation

The coverage for temporary accommodation compensation is the payment of the insurance company for you to stay in a rented room or hotel while your home is being repaired due to damage cost by an incident. If your place is not livable, the insurance company will compensate your alternative living expenses until your house is livable again. This coverage is limited as well and not all companies cover this - check with your broker or agent about the details of your plan to be sure.

Glass insurance

Damage to the glass or replacement of glass that is installed in your house will be covered as well. Damaged or broken glass due to theft or robbery will be covered under the terms and conditions of an insurance company.

Third party liability

Coverage of third party liability is covered, if there is a death or injury that occured within your home or condo that is caused by an incident. This will be covered under the terms and conditions of the insurance company.

Personal Accident

Personal Accident for home and condo insurance is covered should the acccident happen in the home or condo ( Coverage is only available to ages Persons under 70 years old )

Additional coverage

In addition to the main coverage, each insurance company has a different additional coverage such as flood coverage, family members death compensation, temporary placement compensation if the facility is not livable, maintenance cost, design costs, work control and so on. Please check with your agent or broker about the inclusions of your policy.

To find the best plans for home, you must always compare between available plans and options and also take a look at the terms and conditions from both of the insurance companies and the OIC thoroughly.

How to Buy Home and Condo Insurance

Buying home insurance is simple & easy

To apply for home insurance, we will need the documents from you as below (This applies to every insurance companies) :

1. Complete the Application form via our website. Or buy through our staff through email or @LINE
2. Send a copy of Passport(Foreigner) or ID Card (For Thais)
3. Send a copy of the House Registration
4. Pay Premium
5. Immediate Protection (We will Send a Temporary PDF to you confirming your coverage)
6. The original documents (policy) will be sent to your mailing address within 7-14 days

Documents can be sent as a photo via LINE. Chat with us or by Email [email protected]

FAQs

What is Home Insurance and Condo Protection?

Home and Condo Insurance will protect you from any unforeseen damages caused by natural disasters or theft or robbery. It will protect you from loss of the contents of your home and furniture so that if some incidents will happen your loss is covered.

Can I get coverage for home insurance?

Primary coverage protects Buildings, furniture and property of home insurance. For single detached houses, townhouses or commercial buildings, the coverage can be equal to the sum insured. The insured person can choose and adjust the appropriate coverage for the home and contents, such as: the sum insured is 1,000,000 baht. 500,000 baht for the building and 500,000 baht for the furniture and property (totaling 1,000,000 baht) or 300,000 baht for the building and 700,000 baht for the furniture and property (including 1,000,000 baht). The amount is dependent on the owner to where she/he would like to appropriate coverage.

Is home insurance and condo property protection valuable?

All plans of home and condo insurance cover the protection of valuable assets such as mobile, notebook, computer, TV, refrigerator and so on. Theft (burglary, robbery, robbery), where there must be signs of tampering.

Is there any compensation for temporary accommodation?

There are some companies that will cover compensation for temporary accommodation, this depends on what plan you choose.

Is there any coverage for cash?

Most of the plans on our website do have cover for cash lost inside the home. The insurance company will cover loss or damage to cash that is the result of theft or burglary. There is a limit for each plan.

Does home and condo insurance protect property from theft?

Every home and condo insurance plan offers protection against theft of stolen property (including robbery, robbery, robbery) with leashes. The coverage of theft will be covered by a certain amount. (Per and per year)

Does Home and Condo Insurance cover Natural Disasters?

Every home and condo insurance plan has coverage for natural disasters. Like fire, lightning, water hazard, theft, fire, smoke, earthquake. Flooding depend on the insurance plan of each company. (Some plans cover this but for some plans you can add this as an add on.

What does home and condo insurance exclude?

And for non-guaranteed objects, exceptions are silver bars, silver bullion, gold jewelry, jewelery, antiques, artifacts, manuscripts or copies of documents, plans, paintings, patterns or designs. Securities collateral, securities, important documents, postage stamps, stamp duty, money stamps, banknotes, checks, goods under the care of the insured.

How long until I get my original policy ?

We can send you a PDF file via LINE of email within 3-4 days. Customers can keep this as a copy until the original policy arrives via post. The original policy usually arrives dependent on which insurance company you have chosen. Usually it ranges from 7- 10 business days. You can also pick it up in our office.

What are the payment methods ?

We do have a variety of payment methods you can choose from. Please see the details here.

How to contact you ?

You can always call us at our Hotline : 02-985-9123 or Chat with us LINE@ @mr.prakan or Email us : [email protected]

Office hours Mon-Fri : 08:00 - 17:30

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