I know in the states flood insurance can be very expensive if you live on ocean front. Especially if your house is not up to the latest building codes or on stilts.
Does anyone have any examples of what they are paying for flood insurance?
Thanks!
Flood Insurance for Home
damarius
28 May 2015 21:22:46
2
ReyP
03 July 2015 18:55:08
5509
I am not living in the island at the moment, but a lot of people now days have cement houses instead of wood houses. As such most do not cary any insurance unless forced by the bank.
Cars usually get the obligatory $75 insurance and nothing else. not too many go above that.
PR people are used to adversity, they just pickup the pieces and go from there. Neighbors and family lend a hand also.
Subscribe to this topic
Articles to help you in your expat project in Puerto Rico
Renting in Puerto Rico
Visiting the island many times over the years and getting to know the towns and different areas before making a ...
Paying Taxes in Puerto Rico
Paying Taxes in Puerto Rico
5 misconceptions about Puerto Rico
Playa del Condado, Puerto Rico
Purchasing property in Puerto Rico
Six yeas ago we purchased our home in Naguabo Puerto Rico (PR) in the barrio of El Duce. Some of the lessons we ...
A land of opportunity and freedom.
The day we decided to move we were a little worry about how expensive it would be. Now we know how affordable it ...
About Work VISA
I am writing this guide to assist people understand how a work VISA is done.
Open a bank account that suits you
Discover the best international banks to manage your money securely.
"