Bangkok Insurance condominium insurance, sum insured THB 300,000–1,000,000, from THB 1,290
- Updated: 16 October 2026
Bangkok Insurance condominium insurance, sum insured THB 300,000–1,000,000, from THB 1,290
Premium data as of 15 October 2026 · compiled by Prakanthai.com
Underwritten by Bangkok Insurance Public Company Limited
Premiums from THB 1,290–2,790 per year, depending on the plan, including stamp duty and tax
Highlight: property insurance for the contents of a condominium unit, for unit owners, covering fire, water leaks, flood, theft and third-party liability
A pipe under the sink leaks while you're at work. You come back to a swollen laminate floor and a ruined wardrobe, and the water has seeped into the unit below as well. The damage this time is both your own and your neighbour's.
Bangkok Insurance's condominium insurance has 3 plans. How much cover do they give for the contents of the unit, and what conditions on water leaks should you know about?
Bangkok Insurance condominium insurance: who is it for and how much does it cost?
In short: Bangkok Insurance's condominium insurance suits unit owners who want to protect the furniture, electrical appliances and decorations in the unit against fire, water leaks, flood, windstorm, earthquake and theft, together with third-party liability. The total sum insured is THB 300,000–1,000,000. Premiums start at THB 1,290 per year (as of 15 October 2026). The actual premium depends on the plan you choose.
What does Bangkok Insurance condominium insurance cover?
Figures are listed by Plan 1 / 2 / 3, in baht. Claims are paid according to the actual damage.
| Coverage | Limit, Plan 1 / 2 / 3 |
|---|---|
| Fire, lightning, explosion / aircraft / vehicles | 300,000 / 600,000 / 1,000,000 |
| Water damage (excluding flood) | 300,000 / 600,000 / 1,000,000 |
| Windstorm / earthquake / hail / flood (each peril) | 150,000 / 300,000 / 500,000 |
| Damage to electrical appliances | 50,000 / 100,000 / 200,000 |
| Valuable antiques or works of art | 30,000 on every plan |
| Cost of preparing new documents | 10,000 on every plan |
| Firefighting costs | 30,000 / 60,000 / 100,000 |
| Total for fire and all extended perils, per year | 300,000 / 600,000 / 1,000,000 |
| Theft (with signs of forced entry, robbery or gang robbery) | 50,000 / 100,000 / 200,000 |
| Third-party liability (within the insured premises) | 100,000 / 300,000 / 500,000 |
Property covered includes furniture, electrical appliances, musical instruments, audio equipment, decorations and fixtures inside the unit of the insured or of members of their family.
How much is the premium for Bangkok Insurance condominium insurance?
| Plan | Total sum insured for fire and extended perils | Starting premium (THB per year) |
|---|---|---|
| Plan 1 | 300,000 | 1,290 |
| Plan 2 | 600,000 | 1,990 |
| Plan 3 | 1,000,000 | 2,790 |
Premiums include stamp duty and tax. Data as at 15 October 2026. The actual premium depends on the plan you choose, the details of the unit and the insurer's underwriting decision. The quote is what counts.
Worked example: Plan 2, a water pipe leaks in the unit and causes THB 60,000 of damage
- The Plan 2 premium = THB 1,990 per year, about 1,990 ÷ 12 = THB 166 a month on average
- Water damage has an excess (deductible) of 10% of the damage or a minimum of THB 20,000, whichever is greater.
- 10% of 60,000 = THB 6,000, which is less than THB 20,000, so the excess is THB 20,000
- The insurer considers paying 60,000 − 20,000 = THB 40,000
- If the damage is THB 300,000, the 10% excess is THB 30,000 and the insurer considers paying THB 270,000.
This example is for illustration only. The amount actually paid depends on the loss survey and the policy conditions.
Who is Bangkok Insurance condominium insurance for?
- Condominium owners who live in the unit themselves, or who keep belongings and furniture in it
- People who worry about water seeping into the unit below and want a liability limit towards their neighbours
- People with many electrical appliances in the unit
- People living on the lower floors of a condominium or in flood-prone areas
Who should not buy this plan yet?
- Tenants of condominium units: this plan accepts only the owners of condominium units.
- People who want to cover a detached house or townhouse: see Chubb Easy Home insurance or Thaivivat home and condominium insurance
- People with valuable collections or artwork: antiques and works of art are covered up to THB 30,000 on every plan.
- People with more than THB 1,000,000 of contents in the unit: the highest plan has a total sum insured of THB 1,000,000.
- People who already have the same kind of insurance for this unit: no more than 1 policy is allowed per insured location.
Limits to check before you decide
- Water damage has an excess of 10% of the damage or a minimum of THB 20,000, whichever is greater, so a small water leak may not be paid.
- Third-party property damage from water leaks has an excess of THB 3,000 each time.
- Windstorm, earthquake, hail and flood are limited to half of the main sum insured, for example THB 500,000 per peril on Plan 3.
- Electrical appliances have a separate limit: up to THB 50,000 on Plan 1.
- Theft requires signs of forced entry, or robbery or gang robbery.
- All items in the fire and extended perils category together cannot exceed the total sum insured per year.
Want to know which plan suits your unit? What do you need to send?
Send just 3 things
- Condominium project name and unit number
- Approximate value of the contents of the unit
- The plan you are interested in
Our team will check the underwriting conditions and send you a written quote within a business day. If a plan is good value, we will tell you straight. If the conditions differ, we will explain the differences before you pay.
LINE Official: @prakanthai · Tel. +66 2 459 2223
Related documents and links: Buy condominium insurance online with Bangkok Insurance
Frequently asked questions
I'm renting a condominium: can I take this insurance?
This plan requires the insured to be the owner of the condominium unit.
Does this insurance cover the building structure?
This plan covers property inside the unit, such as furniture, electrical appliances, decorations and fixtures inside the unit.
Can you claim if your TV is damaged by a power surge?
Damage to electrical appliances is covered on Plans 1–3 with a limit of THB 50,000–200,000. Payment follows the policy conditions.
Can you claim for items stolen with no signs of forced entry?
The theft cover on this plan requires signs of forced entry, or robbery or gang robbery.
Are claims paid at the value of the old item or of a new one?
The insurer assesses claims on the value of the property as new at the time and place of the loss, up to the sum insured.
Who approves claims: Prakanthai.com or Bangkok Insurance?
Underwriting and claim payments are decided by Bangkok Insurance. As the broker, Prakanthai.com helps coordinate and follows up for you.
Notes
The coverage and premium information on this page is based on the product information for condominium insurance from Bangkok Insurance Public Company Limited as at 15 October 2026. It is general information and not part of the insurance contract. Premiums and conditions may change as announced by the insurer. Underwriting and claim payments are decided by the insurer. Prakanthai.com is a non-life insurance broker, not an insurer, licence no. 5104000004, providing services since 2004. Please read the policy and the quote in full before deciding.