Home & Condo Insurance Thailand

Home & Condo Insurance in Thailand: Comprehensive Protection for Your Property

Looking for reliable home or condo insurance in Thailand? At CheckDi we offer comprehensive plans starting from just 5 000 baht per year. This guide will walk you through everything you need to know about protecting your property in Thailand whether it's a house apartment condo or villa.

Why Do Expats and Residents Need Home & Condo Insurance in Thailand?

Living in Thailand offers a unique experience but it also comes with its own set of risks. Home and condo insurance provides peace of mind by protecting your property and belongings from unexpected events such as natural disasters theft or accidents. For expats and long-term residents it's an essential safeguard for your Thai home.

How to Determine Your Insurance Needs and Get The Premium

The key factor in determining your home or condo insurance premium in Thailand is the sum insured amount. Here's how to approach this:

1. Determine Your Sum Insured Amount: This is the total value you want to insure your property for. It can be based on:
   • Market value of your property
   • Purchase value
   • A specific value you choose based on your assessment
   Remember the higher the sum insured the more expensive your premium will be.
2. Assess Your Property: For houses consider the cost to rebuild. For condos focus on the value of your contents and any improvements.
3. List Your Valuables: Make an inventory of high-value items like electronics jewelry and imported furniture.
4. Consider Additional Factors:
   • Your lifestyle (frequent travel working from home)
   • Specific risks in your area (flooding theft)
   • Any additional coverage you might need
5. Get a Quote: Use our online tool or speak with a CheckDi agent. Provide your desired sum insured amount and other details for a personalized premium estimate.

It's important to strike a balance between adequate coverage and affordability. While a higher sum insured provides more comprehensive protection it also increases your premium. Conversely underinsuring your property to save on premiums could leave you financially vulnerable in case of significant damage or loss.

Our CheckDi experts can help you determine an appropriate sum insured amount based on your property's characteristics and your personal needs. We'll work with you to find the right balance ensuring you're adequately protected without overpaying. Don't hesitate to reach out for a personalized consultation to optimize your coverage and premium for your Thai property.

What Does Home & Condo Insurance Cover in Thailand?

Key Coverage Areas:

• Fire and Other Hazards:
  • Protection against fire lightning (including damage to electrical appliances)
  • Damage caused by short circuits
  • Aircraft disasters
  • Smoke damage
  • Water hazards
  • Flood protection (coverage may vary by insurer and plan)
• Theft and Burglary (Robbery):
  • Loss of furniture or contents inside your property
  • Damage to property during break-ins (e.g. tampered doors or windows)
  • Coverage for IT equipment (notebooks mobile phones computers etc.)
  For comprehensive theft protection check out our Property Theft Insurance in Thailand.
• Cash Insurance: Protection for cash in your home during theft or robbery (limits apply and coverage varies by insurer)
• Temporary Accommodation Expenses: Compensation for alternative living arrangements (e.g. hotels) if your home becomes uninhabitable due to a covered incident
• Glass Insurance: Coverage for damage or replacement of installed glass including incidents due to theft or robbery
• Third-Party Liability: Protection if someone is injured or dies on your property due to a covered incident
• Personal Accident: Coverage for accidents occurring in your home or condo (typically for persons under 70 years old)
• Additional Coverage (varies by insurer):
  • Flood coverage (if not included in main policy)
  • Family member death compensation
  • Maintenance costs
  • Design costs
  • Work control expenses

It's important to note that coverage can vary significantly between insurers and specific plans. Always check with your CheckDi agent about the details of your chosen plan to ensure you have the protection you need for your Thai property.

For property owners looking for comprehensive protection including coverage for tenants learn more about our Property Owners Insurance in Thailand.

If you're renting in Thailand don't forget to protect your personal belongings. Explore our Renters Insurance options in Thailand tailored for expats and long-term residents.

How to Determine Your Insurance Needs and Get a Premium Estimate

The key factor in determining your home or condo insurance premium in Thailand is the sum insured amount. Here's how to approach this:

1. Determine Your Sum Insured Amount: This is the total value you want to insure your property for. It can be based on:
   • Market value of your property
   • Purchase value
   • A specific value you choose based on your assessment
   Remember the higher the sum insured the more expensive your premium will be.
2. Assess Your Property: For houses consider the cost to rebuild. For condos focus on the value of your contents and any improvements.
3. List Your Valuables: Make an inventory of high-value items like electronics jewelry and imported furniture.
4. Consider Additional Factors:
   • Your lifestyle (frequent travel working from home)
   • Specific risks in your area (flooding theft)
   • Any additional coverage you might need
5. Get a Quote: Use our online tool or speak with a CheckDi agent. Provide your desired sum insured amount and other details for a personalized premium estimate.

It's important to strike a balance between adequate coverage and affordability. While a higher sum insured provides more comprehensive protection it also increases your premium. Conversely underinsuring your property to save on premiums could leave you financially vulnerable in case of significant damage or loss.

Our CheckDi experts can help you determine an appropriate sum insured amount based on your property's characteristics and your personal needs. We'll work with you to find the right balance ensuring you're adequately protected without overpaying. Don't hesitate to reach out for a personalized consultation to optimize your coverage and premium for your Thai property.

Types of Properties Covered

Our insurance plans cater to various property types popular among expats and residents in Thailand:

• Houses
• Condos
• Apartments
• Villas
• Holiday homes

If you're a property owner looking to protect your investment learn more about our Property Owners Insurance in Thailand.

Special Considerations for Expats in Thailand

• Extended Absence Coverage: Protection during long trips back home.
• High-Value Item Protection: Coverage for imported belongings and valuables.
• English Language Support: Assistance with claims and customer service in English.

Renting in Thailand?

If you're renting a property in Thailand it's crucial to protect your belongings. Discover our comprehensive Renters Insurance options in Thailand tailored for expats and long-term residents.

How Much Does Home & Condo Insurance Cost in Thailand?

Insurance for your Thai property is more affordable than you might think:

• Plans start from just 2 000 baht per year
• Average cost at CheckDi is around 2 000 to 15 000 baht per year
• Prices vary based on property value location and coverage level

How to Apply for Home & Condo Insurance in Thailand

1. Fill out our online form or contact our staff
2. Send us your ID/Passport and House Registration copies
3. Pay the premium
4. Get instant coverage (we'll send you a temporary PDF)
5. Receive your official policy document within 7-14 days

Frequently Asked Questions About Home & Condo Insurance in Thailand

Does my home insurance cover short-term rentals or Airbnb in Thailand?

Coverage varies by policy. Some insurers exclude short-term rentals while others offer limited coverage. Always check your specific policy details.

If I have a water leakage in my condo that damages the building elevator is this covered?

Coverage depends on the cause of the leakage. If it's due to a covered event (like natural perils) it may fall under personal liability coverage. Damage from wear and tear or accidents is typically not covered.

Is there compensation for temporary accommodation in Thai home insurance policies?

Some policies offer compensation for temporary accommodation if your home becomes uninhabitable due to a covered event. Check your specific policy for details.

Does my home insurance cover periods when I'm away from Thailand?

Many policies offer coverage during extended absences but it's essential to check the specific terms. Some may require you to inform the insurer of long trips.

Can I get coverage for high-value items I've brought from my home country?

Yes many policies offer additional coverage for high-value items. You may need to declare these items separately and provide valuation certificates.

Is English-language support available for claims and customer service?

At CheckDi we provide full English-language support for all our services including claims processing and customer inquiries.

Protect your home in Thailand with comprehensive insurance tailored for expats and English-speaking residents. Don't leave your property unprotected – get a quote today!

How long does it take to receive my original policy in Thailand?

You'll receive a PDF copy within 3-4 days. The physical policy typically arrives within 7-14 business days depending on the insurer.

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 0 000 baht. 500 000 baht for the building and 500 000 baht for the furniture and property (totaling 1 0 000 baht) or 300 000 baht for the building and 700 000 baht for the furniture and property (including 1 0 000 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 : 02-985-9000 or Chat with us LINE@ @checkdi or Email us : support@checkdi.com

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

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.