Condominium insurance
- Published: 3 August 2026
Condominium insurance
Covers fire, water leakage, flood, windstorm, earthquake and damage from burglary
as well as legal liability to third parties
Condominium contents covered
Furniture, tools, household items, electrical appliances, electrical equipment, musical instruments, audio equipment and other property
for residential use, including furnishings, fixtures and fittings in the condominium, belonging to the insured
or family members, or property for which the insured is legally responsible
|
Coverage |
Limit of liability (compensation for the actual loss, throughout the period of insurance) |
||
|---|---|---|---|
|
Plan 1 |
Plan 2 |
Plan 3 |
|
|
1. Fire and allied perils |
|||
|
1.1 Fire, lightning, explosion |
300,000 | 600,000 | 1,000,000 |
|
1.2 Aircraft |
300,000 | 600,000 | 1,000,000 |
|
1.3 Vehicle impact |
300,000 | 600,000 | 1,000,000 |
|
1.4 Water damage (excluding flood) |
300,000 | 600,000 | 1,000,000 |
|
1.5 Windstorm |
150,000 | 300,000 | 500,000 |
|
1.6 Earthquake |
150,000 | 300,000 | 500,000 |
|
1.7 Hail |
150,000 | 300,000 | 500,000 |
|
1.8 Flood |
150,000 | 300,000 | 500,000 |
|
1.9 Loss of or damage to electrical appliances |
50,000 | 100,000 | 200,000 |
|
1.10 Valuable antiques or works of art |
30,000 | 30,000 | 30,000 |
|
1.11 Cost of recreating original documents and copies |
10,000 | 10,000 | 10,000 |
|
1.12 Firefighting costs |
30,000 | 60,000 | 100,000 |
|
Cover under items 1.1–1.12, all items combined, up to |
300,000 | 600,000 | 1,000,000 |
|
2. Burglary insurance |
|||
|
Covers the contents of the unit against theft with visible signs of forced entry, robbery or gang robbery |
50,000 | 100,000 | 200,000 |
|
3. Legal liability to third parties (covered within the insured premises) |
|||
|
Covers the insured's legal liability for - Death, injury or illness of third parties - Loss of or damage to third-party property The insured bears an excess (deductible) of THB 3,000 for each and every claim for damage to the property of third parties caused by water damage (excluding flood) |
100,000 | 300,000 | 500,000 |
|
Premium |
1,290 |
1,990 |
2,790 |
Notes
- 1. The insured must be the owner of the condominium unit
- 2. The insured may hold a maximum of 1 policy per insured location
- 3. The insurer settles claims on a new-for-old (replacement value) basis at the time and place of the loss, up to the sum insured
- 4. Always read the coverage details and conditions carefully before deciding to buy insurance
- 5. These premiums include stamp duty and tax
Price: THB 1,290 | Start date: 2 January 2021 |
End date: 31 December 2027 |