In determining how much international property insurance is needed, or the level of coverage, many people find it easier to read through real life claim examples of others, instead of reading through property insurance coverage specifics.

Based on your residence country and if you have family living with you, how many of these claims below could potentially affect to you. Please make sure you read through our international liability claim examples as well, because the liability risk most people take while working internationally is far greater than the loss of property.

International Property Claim Examples; What are your current exposures right now?

Of course, there are 100 other "perils" that can cause property loss but here are the most common causes of loss, as they relate to real expatriate claims. The comprehensive coverage offeed covers every possible cause of loss, unless what is specifically excluded by the policy. (All Risk Coverage is the best, but it still will have exclusions and items not covered.

THEFT: An American living in Russia had his apartment broken into just 6 weeks after he and his family had moved. $25,000 of regular property was stolen and never recovered. Our clients never worry about theft globally with our world class international property insurance program. The individual was fully insured and therefor this became a minor inconvenience.

SMOKE DAMAGE: A Singapore National living in Hong Kong filed for a $40,000 USD property loss after there was a fire in the neighboring apartment. Although the fire was extinguished before spreading the smoke damage ruined all clothing, rugs, curtains, and certain wall hangings. With certain types of losses, smoke can do twice the amount of damage as fire. The individual was uninsured and his company, a U.S. Software Firm, refused reimbursement.

FIRE: A German family working for a British company in Singapore lost everything (over $130,000 of regular property and valuable articles) when a fire consumed 7 units in their high rise apartment building. Our international personal property insurance plan provides replacement cost for lost or damaged property, the highest quality of coverage available.

WATER: An American living in Japan filed a claim for a $37,000 of property loss after a water pipe burst ruining a room of furniture. Unlike many policies, IPI programs cover most types of water related loss.

EARTHQUAKE: While in Japan a 6.4 earthquake damaged 2 paintings and 3 pieces of furniture for a total loss of $28,000. Unlike most global property insurance that is not of high quality, IPI programs do cover property loss due to earthquake. (This is another main area that demonstrates the quality of our global property coverage.)

FLOOD WATER: 16 inches of rain falling in just 4 days in Bangladesh caused floodwater to rise, costing a family from the Netherlands $35,000 of international personal property loss. Unlike most insurance policies worldwide, our global property insurance policy does in fact provide coverage for losses due to rising floodwater.