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Wooden House Insurance Question

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I have been told that you can not get insurance in Thailand if the house is more than 20% wood. Is this correct?

Does this mean that you could not get a bank loan on such a house as it would have to be insured as part of the condition for a loan?

Thank you :)

  • Author

Thanks for the link, as a general comment, how does it compare to at "traditional" concrete pillars, rendered blocks and steel roof?

It is often about double the cost?

I ask this as a general comment.

  • Author

A link to do a quote is not what I am after as the house is not built yet, it is a proposition at this stage. There is a source of teak in the form of a old home that needs to be dressed.

Thanks for the link, as a general comment, how does it compare to at "traditional" concrete pillars, rendered blocks and steel roof?

It is often about double the cost?

I ask this as a general comment.

We got insurance for our Thai house and have been paid out on it after it burnt down (a year ago) - electrical fault from sub-quality wiring.

We are building a big Thai house now (over 200 sq metres) and will get this insured along with our other house and school as soon as it is completed.

You can get insurance,they pay you a visit, and value the wood,if its genuine teak, naturally its worth heaps more than a Cement one,but as for normall cheap timber,i have no idea..coffee1.gif .

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