House insurance

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Peterbandinel Member

Member since 16 March 2014

PeterbandinelMember16 March 2014 09:07:43

Anybody know if i can get hurricane/flood insurance in sosua and is it necessary as it seems nobody has it?

Bob K VIP Member

Member since 25 June 2007

Bob KVIP Member16 March 2014 09:14:49

7675

yes you can and it is very expensive. You also cannot get insurance for just he Hurricane season but need to pay for a full year.
We have insurance on our condo (contents and liability only) as it is a rental unit. On our villa (large home) we do not carry any insurance. I think the premium was $3,000 5 years ago. We have a friend who just bought a small two bedroom villa and she is paying over $2,000.

Bob K

Bob K VIP Member

Member since 25 June 2007

Bob KVIP Member16 March 2014 09:15:45

7675

Peter I forgot to add:
Welcome to the forum. You will find lots of nice folks here who will be glad to answer any questions.
Where are you moving to??

Bob K

Peterbandinel Member

Member since 16 March 2014

PeterbandinelMember16 March 2014 09:27:14

Thanks for the info bob, bought a small house in casa linda, sosua, will be back down in july...

Bob K VIP Member

Member since 25 June 2007

Bob KVIP Member16 March 2014 10:38:01

7675

Our friends that are paying $2000 for insurance also just bought a small house there.

Are you planning on moving here full time or is it a vacation home and rental property for you?

Bob K

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