Home Insurance in Costa Rica

Q: Am I covered if I rent out my home?

Yes, but you need a policy that specifically covers rental use. We help you choose the right one.

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Home Insurance

By wpx_knarp September 14, 2020

Protect Your Home, Investment, and Peace of Mind with Expert Guidance You Can Trust

Owning a home in Costa Rica is a dream for many expats — whether it’s a beachfront villa, a mountainside retreat, or a family home in the Central Valley. But like any property investment, it comes with risks: tropical storms, earthquakes, theft, flooding, fire, liability issues, and unexpected damage that can cost thousands to repair.

That’s why having the right home insurance in Costa Rica is essential. At AllinsuranceCR, we make it simple and stress-free to protect your property with customized house insurance solutions designed specifically for expats, homeowners, landlords, and investors.

For more than 15 years, our agency has served the expat community with expert guidance, fast service, and unmatched responsiveness. Home insurance is one of our core services — and thanks to our team of professionals, who have spent years specializing in property insurance, our clients get exceptional service backed by deep experience.

Unlike a single home insurance company, we are a broker — representing multiple insurers and comparing plans to find the best fit for your needs, your home, and your budget. The result is comprehensive, reliable protection with clear explanations and a support team that stays with you long after your policy begins.

Why Home Insurance Is Essential in Costa Rica

Costa Rica offers a wonderful lifestyle, but its natural environment brings unique risks that homeowners should prepare for. Protecting your property here is not just smart — it’s essential.

The most common risks include:

While some of these events are rare, they can be financially devastating when they occur. For expats living or investing in Costa Rica, a proper home insurance policy helps protect your property, personal belongings, rental income, and liability exposure—working alongside the right health and auto insurance coverage to ensure complete long-term protection.

Why Choose AllinsuranceCR as Your Home Insurance Broker?

1. Expat-Focused Guidance from an Experienced Team

Most expats are unfamiliar with how home insurance coverage in Costa Rica works. Policies differ significantly from U.S. and Canadian standards — especially for rental homes, condos, and investment properties.
Phil built AllinsuranceCR as an expat-to-expat service, ensuring clients get:
• Clear explanations in plain English
• Full transparency on deductibles, exclusions, and requirements
• Guidance on local norms, common risks, and insurer expectations
• Policies tailored to expat lifestyles, not generic local templates
Our experience helping thousands of expats relocate and protect their investments gives us a unique advantage over typical home insurance companies.

2. Dedicated Property Insurance Specialists

Home insurance is a complex area — which is why clients appreciate having a true specialist. Phil has built a reliable team of long-term staff with deep product knowledge.
This ensures you receive:
• Accurate and fast quotes
• Proper policy setup
• Expert coverage recommendations
• Support during inspections, renewals, and claims
Our consistency and experience are major reasons so many clients refer their friends, family, and neighbors.

3. Multiple Insurance Companies Compared for You

You’re not locked into a single home insurance provider. As a licensed broker, we represent multiple insurers and compare their offerings to deliver:
• The best value for your specific property
• More deductible and coverage options
• Policies that match the real risks of your region
• Transparent explanations of differences between insurers
Whether you’re insuring a primary residence, condo, vacation home, or rental property, we tailor your policy precisely to your needs.

4. Exceptional Support and Responsiveness

Phil built his agency’s reputation on legendary responsiveness, and home insurance clients see that daily.
Whether you need help understanding a clause, adjusting your policy, or navigating a claims process, we respond quickly and guide you clearly — something many competitors simply do not offer.
The combination of expertise, honesty, and speed is a major differentiator that keeps clients with AllinsuranceCR year after year.

5. A Reputation Based Almost Entirely on Referrals

At AllinsuranceCR we receive lots of new business from referrals — including real estate agents, satisfied clients, and long-term expats — Which we see as a testament to the high level of service and value that we provide. Phil and his team team have built a strong, trusted reputation by always putting clients first.

What Home Insurance Covers in Costa Rica

Policies vary depending on your home type, location, and insurer — but most offer protection in the following categories:

1. Structural Damage (The Building Itself)

Covers damage to the physical structure from:
• Fire
• Lightning
• Explosion
• Earthquake
• Flooding or water damage
• Hurricanes and strong winds
• Landslides or mudslides
• Falling trees
• Theft-related damage
This is essential for both primary residences and investment homes.

2. Contents (Personal Belongings Inside the Home)

Protection for items such as:
• Furniture
• Electronics
• Appliances
• Clothing
• Tools
• Valuable personal property
Coverage levels are customizable based on the value of your belongings.

3. Theft & Vandalism

Protects against:
• Break-ins
• Theft of personal belongings
• Damage from attempted theft
• Loss from burglary or forced entry
In certain regions — especially tourist areas — this is one of the most important add-ons.

4. Liability Coverage

Provides financial protection if:
• Someone is injured on your property
• A guest or service worker files a claim
• Your property causes damage to another home
This is especially valuable for landlords and Airbnb hosts.

5. Rental Income Loss (Optional)

If damage makes your rental property temporarily unusable, this protection reimburses lost income.

6. Natural Disaster Add-ons

Depending on your location, add-ons may include:
• Earthquake-specific coverage
• Volcanic activity
• Flood-zone protection
• High-wind endorsements
We help evaluate which options are necessary based on your exact region.

Home Insurance for Expats and Investment Properties

Costa Rica’s property market attracts buyers from around the world. Whether you’re purchasing a full-time residence or a rental investment, proper insurance is critical.

We help expats understand:
• What local insurers require
• How inspections and valuations work
• How deductibles differ from U.S./Canada
• How liability applies to renters and guests
• What claims processes look like here
• How to document belongings for coverage
Most importantly, we ensure you are not underinsured — a common problem for expats unfamiliar with local replacement costs.

How the Process Works

We make getting house insurance in Costa Rica simple and stress-free:

Step 1.
Tell Us About Your Property

We collect details about:
Construction materials
Home value and size
Location and risk factors
Contents value
Rental use (if applicable)

Step 2:
Compare Multiple Insurers

You receive side-by-side comparisons of coverage including:
Structural protection
Contents limits
Liability
Theft
Deductibles
Natural disaster options
Premiums
Everything is explained clearly so you can make the best decision.

Step 3:
Activate Your Policy

We prepare the documentation, confirm coverage, and ensure your policy is correctly issued.

Step 4:
Ongoing Support

Most clients stay with us for years because we:
Answer questions quickly
Help with renewals
Assist with policy changes
Support you through claims and emergencies
Unlike many agencies, we don’t disappear after the sale — we stay with you.

FAQs about Home Insurance in Costa Rica

Is home insurance required by law?

Not for homeowners, but it is highly recommended, and some condo associations or lenders may require it.

How much does homeowners insurance cost in Costa Rica?

Pricing varies based on location, home size, materials, and coverage level. As a home insurance broker, we compare multiple companies to find the best value.

Do I need special coverage for earthquakes or flooding?

Most policies include these risks, but not all. We ensure your home is properly protected based on its region.

Am I covered if I rent out my home?

Yes — but you need a policy that specifically covers rental use. We help you choose the right one.

How does the claims process work?

We guide you step-by-step, helping document incidents and communicating with the insurer on your behalf.

//Your home is one of your most valuable assets — make sure it’s protected by a team that truly cares.

Protect Your Home with Confidence

With AllinsuranceCR, you get more than a policy — you get a trusted partner who understands the expat experience, the Costa Rican insurance landscape, and the importance of protecting your investment.

Fast, expert guidance
Clear explanations in English
Access to multiple insurers
Dedicated specialists for home insurance
Reliable support during claims
A team with more than 15 years of experience serving the expat community

Request Your Home Insurance Quote Today

Get personalized recommendations and a full comparison of the best coverage options for your property.

Get a Quote