Just wondering if most indivduals purchase house insurance on their villas in the DR. I currently have a policy through Segurlos Popular which covers hurricane, fire, earthquak, flooding. Gives 100k US $ coverage with 10% deductable for a cost of about $900 US per year. Villa is located on North coast between Cabarette and Sosua. Trying to figure out if it is worth the cost.
Also for those who do have home insurance, have you ever made a claim? Was it a simple process to make the claim and did it pay out as you thought it should?
Any advice on this would be great. Thank you all for your input...Tom
Also for those who do have home insurance, have you ever made a claim? Was it a simple process to make the claim and did it pay out as you thought it should?
Any advice on this would be great. Thank you all for your input...Tom