Condo Safe Condominium Insurance Condo Insurance If you own a Condo there isn’t any worry about the re-building costs, but you need protection against:

  • Fire
  • Flood
  • Damage from sprinklers
  • Electrical problems
  • Freezers
  • Contents of your condo

These things are high on the list of essentials when it comes to considering Insurance for your condo in Thailand.

Condo Safe Insurance Details – Section I

  1. Fire, Lightning, Explosion, Windstorm, Earthquake, Water Damage & Aircraft
Up to the Sum Insured.
  1. Temporary accommodation when the insured property is uninhabitable due to fire
Up to 5,000 Baht per day and 50,000 Bahtin aggregate.
  1. Electrical fire damage
10% of sum insuredMaximum 1,000,000 Baht in aggregate.
  1. Theft following forcible entry into (or exit from) the premises including armed robbery
10% of sum insuredMaximum 20,000 Baht per item/pair up to a total of 500,000 Baht in aggregate.
  1. Reimbursement of repair costs for damage to doors and windows caused by forced entry
1% of sum insuredMaximum 30,000 Baht in aggregate

Condo Safe Insurance Details – Section II

Third Party (Personal) liability as a Condo unit owner/tenant at the premises 2,000,000 Baht each occurrence and in aggregate.

Sum Insured (Interior & Contents)

Option 1

1,000,000  Baht

Option 2

2,000,000 Baht

Option 3

3,000,000 Baht

Option 4

4,000,000  Baht

Option 5

5,000,000 Baht

Option 6

6,000,000 Baht

Property Excluded – Money, Documents, Jewelry  (Please refer to policy for full details)

For a sum insured of more than 3,000,000 Baht please ask for a quotation

Condo Safe Insurance Details – Premiums

Standard                  Optional Liability to Tenant included
Option 1Option 2

Option 3

Option 4

Option 5

Option 6

3,545 Baht                             4,084 Baht5,158 Baht                             5,695 Baht

6,715 Baht                             7,252 Baht

8,594 Baht                             9,884 Baht

10,743 Baht                           11,817 Baht

12,891 Baht                           13,537 Baht

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