House Insurance in Portugal

Buying a property overseas is a big investment and one no one takes likely, but many people get so caught up in the hunt for their place in the sun here in Central Portugal they forget to insure it after purchasing.

To avoid any unnecessary heartache it is important you insure your property as soon as possible after you have purchased your property.

If you are financing the purchase of your property by a mortgage, the bank or lender will insist on house insurance. However double check the small print as this may not cover the contents of your property.

Although Portugal has a relatively low crime rate, there are other things than burglary you will have to watch out for including fires and floods.

Portugal is also is classified as being situated within an earthquake zone and although there have no major quakes in living memory, it is important any insurance you take out cover damage caused by this sort of natural disaster.