Hello and nice to meet everybody. My apologies if my question has already been addressed in some other thread, but I browsed through the forum and couldn't find related subject.
We are a Canadian couple who bought a condo in Bavaro, Punta Cana recently. We would like to purchase a home insurance to cover the property from things like fire, water damages, hurricanes, earthquakes....so are wondering what will be a reasonable annual insurance premium for a $150,000 US coverage? We have been quoted $1,300US and it seems high, way higher than Canadian home insurance. Any information you can share is much appreciated. Thanks in advance.
We are a Canadian couple who bought a condo in Bavaro, Punta Cana recently. We would like to purchase a home insurance to cover the property from things like fire, water damages, hurricanes, earthquakes....so are wondering what will be a reasonable annual insurance premium for a $150,000 US coverage? We have been quoted $1,300US and it seems high, way higher than Canadian home insurance. Any information you can share is much appreciated. Thanks in advance.