What protection can home/contents insurance provide?
Here are some common perils....
Fire
Whether you own a house or a condo, fire damage can lead to significant losses and damage to your property. Fire coverage is an essential part of home insurance.
Flooding
Flooding is when your property is inundated with water, potentially leading to catestrophic damage to your home.
Theft
Theft of your belongings can be a very stressfull experience, and can lead to a significant financial loss.
Storm Damage
Storms in Thailand can be particularly ferocious, especially during the transition period from the dry to rainy season. Ferocious storms can result in damage to your property.
Accident
Accidents can occur at any time. That can be an accident in which you are involved, in which case personal accident insurance is essential. It could be an accident you caused, in which case liability cover is important.
What can be covered...
Key elements to cover in your home/contents cover...
Buildings
These are the fixtures and fittings of the physical home, which is owned by the landlord.
Contents
Contents are items which stay inside your home. They include furniture, furnishings, and electronics. They are items you would take with you if you moved to a new home.
Personal Effects
These are items which can be carried or worn, outside of the home. Examples include mobile phones, laptops, jewellery, and sports equipment.
Personal Liability
Should a third party suffer from bodily injury, or property damage, as a result of your actions, you may be legally liable.
Personal Accident
This is a lump sum amount which can be paid in the event of you, or your family members, being injured leading to death, permanent disability, or dismemberment.
Workmans Insurance
This covers your legal liability towards your domestic helper, or driver, who may be sick or injured as a result of the work they undertake for you.
