If you have read a few of the pages on this website, you probably see the value of carrying international property insurance and global liability insurance. However, you need to know the costs. Note: cost can vary by quote and by country, but the examples below should provide an overview of the costs for international personal insurance programs in most countries and situations.

What Does the Basic International Property and Liability Insurance Program Cost?

In most cases, the cost to insure $10,000 USD of regular property costs about $90 USD a year ($7.50 a month). Using a specific example, An American working in Germany needing to insure $45,000 of international personal effects would cost $364 USD per year. As we hope to have demonstrated, this is the highest quality of personal insurance available in the world. If you have an international property loss, the insurance will pay to replace the item with a new item of the same or similar quality and it will not depreciate the property before the claim payment is made.

The cost of international liability insurance is NOT country specific and is the same everywhere in the world, with the exception of the United States (where costs vary by State.) The cost to provide $100,000 of international liability insurance is $50 per year per family (not per individual) or $4.16 per month and this includes legal defense costs. The cost of $1,500,000 of insurance is approximately $200 per family per year, or just under $17 a month.

What Additional Insurance Options are Available for International Personal Insurance?

If you are working outside of your home county you may also need the following insurance added to the basic international property insurance and international liability package.

Valuable Articles Insurance: Insurance for high value or unique items such as jewelry, art, or antiques. The cost of valuable articles coverage varies by country and by item. Please contact us for details. Goods in storage insurance: If you live in one country and store items in another country, we can easily provide quality insurance at the storage facility. In most cases in many countries, the quality of insurance one receives when the insurance is provided by the storage facility is of very low quality. Political Risk Insurance: A special coverage option to protect people living in countries where there is risk of riot, civil commotion, or political uprising that could cause property loss. This peril (cause of loss) is not covered by traditional insurance policies and we are one of the few providers in the world that can extend this coverage.

Relating to International Liability Insurance, up to $5,000,000 of coverage is available if requested. $100,000 of liability coverage is required for anyone requesting property insurance quotes adding no more that $4.30 per MONTH to the cost, and this includes legal defense costs.