Can anyone recommend a company that offers 'Landlord' insurance in Thailand.

[advancebooking]

We want to rent our building and want a policy that covers fire and flood where tenants are residing in our building not us. 

 

Can anyone recommend a company that is good in Thailand?

 

thanks

[CharlieH]

This may be better suited in Real Estate.

 

Will move it  there and leave a link here too.

[topt]

On 1/29/2021 at 10:29 PM, advancebooking said:

Can anyone recommend a company that is good in Thailand?

I would ask a broker to give you a couple of options and then read the ts and cs of the respective policies to make sure it meets your requirements.

A number of people here (me included) use AAInsure but any broker should be able to give you options.

[Etaoin Shrdlu]

As topt has said, it is best to contact a good local insurance broker and then read carefully the policy wording and ask questions.

 

One issue that a landlord needs to discuss with their broker and fully understand is the length of time that a condo unit can remain unoccupied before coverage is suspended and what, exactly, constitutes unoccupied. With the exception of buildings that are in high demand, it is not unusual for a condo to be without a tenant for months at a time. Some policies only cover for 30 or 45 days without someone actually residing in the unit.