House Insurance

[FastWalk]

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.

[HappyBee]

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!

[FastWalk]

I found that Mapfre one of the many large international company has an office in nearby Cebu. 

[Frosty]

If you get a bank loan to buy a house do they require to have insurance?

[FastWalk]

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.   

[FastWalk]

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.