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Homeowners Insurance In Ecuador

Live And Invest Overseas by Live And Invest Overseas
Nov 24, 2015
in Mailbag
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Question and answer about getting homeowners insurance in Ecuador
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“Kathleen, I’m wondering about the availability (or otherwise) of house/homeowner’s insurance in Ecuador. I’ve sent enquiries to insurers who deal in Ecuador and have received no response.

“This is quite frustrating. Is homeowners insurance generally available in Ecuador or not? If you guys don’t know/can’t answer, can you please direct me to someone knowledgeable who can?

“Thanks in advance.”

–Michael S., United States

Yes, homeowners insurance is available in Ecuador.

We’re not sure why you’re having trouble. We know several people who’ve purchased homeowner policies in Ecuador simply by walking into an agent’s office and asking for it.

It should be noted, though, that homeowners insurance isn’t a common investment in Ecuador. It’s expensive by Ecuadorian standards, almost as much as you’d pay in the United States. Further, houses are masonry, so fires are almost unheard-of. To deter theft, people invest in alarm systems rather than insurance.

Continue Reading: 4 Discounted Property Markets Riding The Strong Dollar

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Live and Invest Overseas is the world's savviest source for top opportunities to live better, retire in style, invest for profit, do business, and own real estate overseas. Established in 2008, the Live and Invest Overseas' editors and correspondents have more experience researching and reporting on top opportunities for living well, investing for profit, doing business, and owning real estate around the world than anyone else you'll find.

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Here we cover four property markets that are riding the strong dollar and offer discounted real estate. These include; Mexico, Colombia, Chile, and Brazil.

4 Discounted Property Markets Riding The Strong Dollar

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