We have a 1 bdrm villa in Lomas Mironas, which we rent out when we are not there. Would you recommend an sort of insurance? No one seemstocarry much on there places and wondered.. Bob ,I see you have a rental' what is the approx cost for contents, liability...does this cover for such things as fire etc?
Thanks!
Ken
House insurance
Donna&Ken
09 November 2014 07:30:18
18
Bob K
09 November 2014 12:07:09
7675
This is a great question. General home insurance can be expensive and since most homes are block and cement construction not much is going to fall down or burn up. So most do not insure their houses.
However as a renter that sheds a different light. On our condo rental unit we carry liability and content insurance only. This runs about $160 a year and we think with renters in the unit well worth the cost.
Hope this answers your question.
Bob K
Donna&Ken
09 November 2014 16:00:07
18
Thanks again Bob!...and if it floods up where we are, then we ALL have problems!
We will look into content and liability for sure when we are there.
Any suggestions to who to see for insurance?
Donna&Ken
Bob K
09 November 2014 21:57:23
7675
We do ours through Amber Guardian in Sosua. They work with multiple companies so they can compare rates for you.
You also should not have any bad flooding problems in Lomas as it is on the hillside unless you have a low lying property with poor drainage.
Bob K
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