In a country like Costa Rica, where natural phenomena such as earthquakes and volcanic eruptions are part of the geographic reality, it’s perfectly normal to wonder whether you can protect your property against such events. The good news is yes—you can. In Costa Rica, there are insurance options specifically designed to cover damage caused by natural disasters, including seismic activity and volcanic eruptions.
Insurance That Covers Natural Disasters
Most insurance companies operating in the country—such as the Instituto Nacional de Seguros (INS) and several private providers—offer home insurance policies that include specific coverage for earthquakes and volcanic eruptions.
However, it’s important to ensure that these risks are explicitly included in your policy. In many cases, they are considered additional coverages and are not automatically part of a basic homeowner’s policy.
How Much Does This Type of Insurance Cost?
The cost of this type of insurance varies depending on factors like:
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The location of the property
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The type of construction
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The insured value
For instance, if your home is located near an active fault line or a volcano with recent activity, the premium may be higher. Even so, it’s an investment worth making when considering the real risk and potential cost of total loss.
What You Should Keep in Mind
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Make sure your policy explicitly includes earthquake and volcanic eruption coverage.
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Keep your policy up to date.
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Accurately declare the value of your property.
These steps are crucial for receiving a fair payout if a disaster occurs.
In summary, yes—you can insure your home against earthquakes and volcanic eruptions in Costa Rica. You just need to do your research, compare your options, and choose a policy that truly protects what you’ve worked so hard to build.
At Nativu, we help you make smart real estate decisions with clear information and expert guidance. Whether you’re buying, selling, or insuring your home, we’re her to support you every step of the way.
