House Insurance

[Hobiecat]

With the recent events in Myanmar. I was wondering what the insurance companies cover here in the LOS? Flood, Earth quake, Fire, Thieft Cyclone? It just dawned on me we don't have insurance on our new house.

[Super Joe]

good point, how many people know what their insurance covers or doesnt as the case probably is. i certainly don't

i did look at storm damage before as relevant and ours covers storm/wind/rain damage to external parts of the house, but only includes internal house IF it is caused by ingress after roof or walls blowing off/down
doesnt mention tornados/cyclones/typhoons etc, covered under 'storm' ?
bet these come under the normal exclusion of force majure 'greater force', you can see it cant you, yeah we said we'd cover you for 'storms' but a cylclone is a 'greater force' !!

also it says flooding is not covered, can see their point as proper drainange should stop this occurance. if a massive flood then must have been from a 'greater force' like a 'monster flood' or a 'mother flood'
.

[kendo]

With the recent events in Myanmar. I was wondering what the insurance companies cover here in the LOS? Flood, Earth quake, Fire, Thieft Cyclone? It just dawned on me we don't have insurance on our new house.

we are coverd for everything above plus planes,trucks, buffalo,and elephants crashing through our house.We have insurance through the Bangkok Bank in Prasat Surin, we were offered 1 to 5 years but settled for a 2 year policy at a cost of £80.00 sterling we had to supply some photos,all in all very reasonable price.

[dtaai-maai]

But the real test comes when it's time to pay out! Anyone had to claim on their house insurance (for damage)?

[NOKYAI]

Not for damage, but I know how poorly they pay for theft! So it's probibly not worth the paper it is written on!

[kendo]

When buying insurance in Thailand,trust some small office or the big bank, you have to go with some company.I dont trust any insurance company in the uk all sh*t houses, on my last planned trip to LOS one week before traveling my father past away suddenly so i had to move my travel dates back 3 weeks,i spoke to Natwest bank insurance, they said "no problem change your travel dates and when you get back we will deal with it then".So i phone The travel company and they charged me £200 pounds to change our tikets i pleaded with them my wifes Thai and we allways fly Thai please have some heart under this situasion no joy.On our return to the U.K i called Natwest and they gave me there clame number spoke to them, they told me £50 pounds excess per person, so now my clame was worth £100 pounds, and they wanted a copy of my fathers death cert,so i posted it to them,1 week later i recived a letter wanting more proof,so i phoned them and said to them " is not a death cert enough" they replyed " no we want your fathers medical records to make sure there was no pre existening conditions," i told them wots my travel planes and my fathers death got to do with my policy its black and white...so i told them to f off.It does not matter wot country you are in they want your money and dont want to keep there part of the deal, but any responsible person allways takes out insurance in good faith, you have to try and trust one of them to feel a little bit secure its no different anywhere Maybe my insurance with the Bangkok bank in Surin is not worth the paper it is writen on but i hope i dont have to find out.

[Hobiecat]

With the recent events in Myanmar. I was wondering what the insurance companies cover here in the LOS? Flood, Earth quake, Fire, Thieft Cyclone? It just dawned on me we don't have insurance on our new house.

we are coverd for everything above plus planes,trucks, buffalo,and elephants crashing through our house.We have insurance through the Bangkok Bank in Prasat Surin, we were offered 1 to 5 years but settled for a 2 year policy at a cost of £80.00 sterling we had to supply some photos,all in all very reasonable price.

Thanks Kendo. I'll have to shop around when I get home. Eighty pounds for two years seems pretty cheap? Are thoughs figures correct? Exactly what part of the premium is for the elephants and buffalo?

[kendo]

Hi Hobiecat,yeah does seem cheap i also could not belive i could have insured the house for up to 5 years.We went into the Bangkok bank in Presat Surin, they wanted some photos and told us to come back in 3 hours because they had to fax the details down to Korat (whilst eating a tray of mango) not in any hurry at all.On our return they gave us a copy on terms and conditions in thai and in English and when i read through it it did make me laugh i said to the wife "insured against elephants and buffalo crashing through the house thats a bit over the top" she replyed " no not really you have never seen an elephant or a buffalo bitten by a snake" ummm that food for thought,when they told us the price tariff for 1 to 5 years i could not be live it, so we settled for the 2 years last november at a cost of 5000 baht.A qestion for you wots with the name do you sail hobiecats.

[Hobiecat]

Haven't sailed one for years but yes have been know to flip over a cat or two. Look forward to getting one togther here in the near future.

[Don East Stand]

Has anybody got any information on house contents insurance i.e. cost, is it better to get a combined house and contents policy? Also any recommendations? thanks

[Riversider]

If someone who sells insurance reads this thread perhaps they could give us some genuine info on this subject.

[buksida]

Would also like info on this considering the amount of break-in stories we're getting these days.

[T.I.G.R.]

We just received our renewal for contents on our 247 sq meter condo from AIA. 8,500 baht per year. I don't know what it covers as it's in Thai and the boss isn't home.

[kendo]

If you read my post above Bangkok Bank will give you the schedule in english as well as thai.

[Farang]

I have for some years used the splendid services of Suphi (a Thai lady) and Eero (his Finn beau) in getting my life, house, health and everything insurance. (barring car insurance, very aptly handled by Viriyah Insurance)
I like the way I get my questions answered, and do appreciate it when I pose a question they have no answer, they tell me so, and do get back to me after having obtained the right and proper answer.

BTW, Suphi told me to report any motorbike accident resulting in any medical expenses inside of 24 hours from the occurrence. She did this for me while I was in the hospital, and recovered for me the 15 000 B I was eligible. I did not even know I was due this from the compulsory insurance, so take heed. I now have from her a motorbike insurance (at no extra cost) where I get my medical expenses up to 50 000 baht, if I am not the guilty party in any accident.

And no, I have no business interest in their operations, nor do I receive any benefit for informing others of my contentment with their insurance services. Suphi, tel: 083 982 09 88, Eero, tel: 083 430 53 89