Insurance should be considered as a high priority if you are buying and/or selling real estate in Thailand. Our guide below highlights some of the main reasons and does not intend to replace professional advice.

Buildings Insurance - Unlike many other insurance policies, there are very few things that are standard with home insurance. The premiums can vary significantly depending upon many factors such as the size, features, location and the security systems of your home.

Home Contents Insurance - Generally there are two types of coverage for home contents insurance depending upon your policy. There is replacement value insurance, which tends to be the most expensive, and actual cash value coverage which would only give you the depreciated value. It's worth noting that standard contents policies in Thailand don't normally cover you against burglary and theft of your personal valuables such as a computer, jewellery etc...

Burglary Insurance - To cover your personal valuables against burglary, we would advise you to take a 'Special Risks' policy of insurance cover which you would need to provide a detailed list of all items that would be included in the Policy.

Relocation Insurance - Although your possessions should be covered under your existing insurance policy at your current home and if you have moved into your new home, usually they are not covered during the actual relocation between the two locations.