Insurance
Real Estate Insurance in Thailand: What You Need to Know
Property insurance in Thailand is available but not mandatory, leaving the decision up to you. In this article, we’ll explore all the key aspects of real estate insurance in the country.
Having property insurance ensures that you aren’t left dealing with issues alone, such as if your property is damaged by natural disasters or third parties. While natural disasters are less frequent in Thailand compared to other Asian countries, flooding does occur in certain regions, and forest fires sometimes affect the north. In 2004, Phuket was struck by a tsunami. To protect yourself from potential losses due to nature or malicious actions, you can insure your property in Thailand.
10/11/2024