Can Foreigners Buy Home Insurance for Condos in Thailand? (2025 Guide)
Can Foreigners Buy Home Insurance for Condos in Thailand? (2025 Guide)
Last updated: February 18, 2026 • Audience: Foreign condo owners and expats in Thailand
Buying a condominium is one of the most common ways foreigners invest in property in Thailand. But many expats are unsure whether they can insure their condo — and what kind of protection they actually need.
Some assume the building’s insurance is enough. Others believe foreigners face restrictions when buying home insurance.
This guide answers a key question: Can foreigners buy home insurance for condos in Thailand? It also explains what’s covered, what’s excluded, typical costs in 2025, and how expats can insure their condos properly.
Can foreigners legally buy condo insurance?
Yes. Foreigners can freely buy home insurance for condominiums in Thailand.
Thai insurers generally do not restrict condo insurance based on nationality. As long as you legally own the condo unit, you are eligible for coverage.
Important: Ownership of the unit matters — not citizenship.
How condo insurance works in Thailand
Condo insurance in Thailand is typically split into two parts:
- Building insurance: Covers the structure and common areas
- Unit (contents) insurance: Covers what’s inside your condo
This separation often causes confusion for new foreign owners.
Building insurance vs unit insurance
Building insurance (juristic person policy)
Most condominiums have a juristic person insurance policy covering the building structure and shared areas.
This typically includes:
- Building structure
- Common corridors and elevators
- Main electrical and plumbing systems
Unit insurance (what foreigners usually need)
Foreign condo owners must insure:
- Interior fixtures
- Furniture and appliances
- Personal belongings
- Liability inside the unit
What condo insurance typically covers
- Fire and smoke damage
- Water damage from burst pipes
- Theft and burglary
- Accidental damage (policy-specific)
- Personal liability within the unit
Some policies also allow optional flood coverage.
Common gaps condo owners overlook
- Flood damage: Often excluded by default
- High-value items: Jewelry and artwork may need declaration
- Water leakage to neighbors: Liability coverage matters
- Short-term rentals: Airbnb-style use may be excluded
Reality: Many condo claims involve water damage to neighboring units.
Who is responsible for what?
| Area | Covered by building insurance | Covered by unit owner insurance |
|---|---|---|
| Building structure | Yes | No |
| Interior walls & flooring | No | Yes |
| Furniture & appliances | No | Yes |
| Damage to neighbors | No | Yes (liability) |
Smart insights for foreign condo owners
- Don’t rely on building insurance alone
- Water damage is the biggest risk
- Liability coverage protects you from neighbor disputes
- Condo insurance is relatively inexpensive
Frequently asked questions
Can foreigners insure condos used as rentals?
Yes, but rental use must be disclosed and may require special coverage.
Is condo insurance mandatory?
No, but it is strongly recommended.
Does condo insurance cover flood damage?
Only if flood coverage is included or added.
What to do next
- Confirm what your condo’s building insurance covers
- Insure your unit’s interior and contents
- Add liability and flood coverage if needed
Recommended next reads:
- Home Insurance in Thailand: What Expats Should Know
- Renter’s Insurance in Thailand: Do Expats Need It?
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