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Condo Insurance in Thailand
Owning a condo is a significant investment, and protecting it with the right condo insurance in Thailand ensures peace of mind. While most buildings have a master policy under the condominium association, these typically do not cover incidents like forced entry, water damage, or personal liability. That’s where a tailored condo insurance policy comes in – providing coverage for your personal property and the interior of your unit against unexpected events.
What Does Condo Insurance Typically Cover?
A comprehensive condo insurance plan generally includes:
- Fire, lightning, and water damage
- Natural catastrophes (storms, earthquakes, etc.) excluding floods
- Burglary, theft, and armed robbery
- Electrical short circuits
- Glass breakage
- Temporary housing subsidy
- Third-party liability coverage across Thailand
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