Author Topic: House Insurance  (Read 1469 times)

Offline FastWalk

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House Insurance
« on: October 28, 2017, 02:15:41 AM »
Any ideas on how to approach house insurance in the Phills ?
Companies,  gotcha's,  costs ?

I did not need insure on any yet,  but now have one that probably should be with insurance.
- quake
- storm
- theft/damage
 
Do I need fire ?    Cement, metal and tile doesn't burn much.

Thanks for any ideas.
Remember, today is the tomorrow you worried about yesterday.

Offline HappyBee

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Re: House Insurance
« Reply #1 on: October 29, 2017, 03:23:43 PM »
I would like to know the answer to this too. Cebuana Hillier were advertising insurance on the internet for a particular price (I forget how much) but when I went to their office in the city they seemed to know nothing about it. However they said they would come to see me if I gave them my number... nope, no visit.

Most of those kind of companies seem to offer fire insurance with a measly 5000 peso payout. However I have seen banks such as BPI offering insurance, they might be able to help.

Let me know how you go!
^^ Just my personal opinion... take it or leave it!

Offline FastWalk

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Re: House Insurance
« Reply #2 on: November 04, 2017, 11:57:55 PM »
I found that Mapfre one of the many large international company has an office in nearby Cebu. 
Remember, today is the tomorrow you worried about yesterday.

Offline Frosty

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Re: House Insurance
« Reply #3 on: November 11, 2017, 07:00:33 AM »
If you get a bank loan to buy a house do they require to have insurance?

Offline FastWalk

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Re: House Insurance
« Reply #4 on: November 11, 2017, 07:26:11 AM »
If you get a bank loan to buy a house do they require to have insurance?

I don't know.  That is a great question.   




Remember, today is the tomorrow you worried about yesterday.

Offline FastWalk

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Re: House Insurance
« Reply #5 on: November 11, 2017, 07:28:03 AM »
I am finding it to be something like 3-5k peso a year with 1-2% deductibles.   Seems not bad.   Still checking a few other company. 
Remember, today is the tomorrow you worried about yesterday.

 


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