PDA

View Full Version : Homeowner's Insurance



ArubaAngela
05-29-2020, 02:14 PM
Any recommendations for insurance for my condo. This would be for inside the unit.

Andrea J.
05-29-2020, 02:33 PM
does the HOA not provide "outside" insurance?

ArubaAngela
05-29-2020, 03:48 PM
Yes they do provide outside, but I probably need inside. Have to ask them also who they recommend,

robin
05-29-2020, 05:41 PM
Yes, we have an agent in Aruba and he is very nice. He came recommended and we have been pleased. His name is Arjen deSmit and his number is 297-734-4434. My husband has his email address and he'll get it to me later today.

robin
05-30-2020, 10:41 AM
This is the agents email address: arjen@verdant-insurance.com

Sorry for the delay in getting it to you.

robin
05-30-2020, 10:47 AM
does the HOA not provide "outside" insurance?

Generally, the condo fees(at least for us and it is the same developer) cover anything studs out or if something happens like a pipe breaks in the walls it is covered. However, if someone forgets to shut off the tub and it floods the unit below you, you are responsible. Or if you have a fire(yes, there are sprinklers) or theft, etc. Insurance is inexpensive in Aruba compared to NJ.

SkiChris
05-30-2020, 11:42 AM
We use New India Insurance (we've had house insurance there for the last 7 years). We have two policies: one for the structure and one for all our belongings in the house - so the later would likely be the type you want. (by definition, if you turned your condo upside down, anything that would "fall out of it" is covered by the second policy). New India Insurance has an office located in a business park located across the street from the Tamarijn Resort, next to the Divi Resort (on Druif beach).

SkiChris
05-30-2020, 11:46 AM
One other tip for you on house Insurance: you can buy an insurance rider in the USA (from most any house Insurance company) to insure the Aruba Insurance company you choose. In other words, if for any reason the local Aruba Insurance did not make good on a valid claim for your property in Aruba, the USA insurance company would pay it. The rider is very inexpensive and well worth it for the added protection for an insurance company in another country.

ArubaAngela
05-30-2020, 01:57 PM
This is the agents email address: arjen@verdant-insurance.com

Sorry for the delay in getting it to you.

no problem. Does he have a company he works for specifically???

robin
05-30-2020, 02:15 PM
no problem. Does he have a company he works for specifically???

Our insurance is through Nagico. I think he is independent. His office is in his home.

annf
05-31-2020, 10:09 AM
After a not good experience with our original Aruba agent about 8 years ago we decided to deal directly with the insurance company ourselves...no problems! We use New India.

Kwistal
04-22-2021, 09:34 PM
Thank you for mentioning New India! I closed on a home in Aruba last week and have been working with New India to insure the house, contents, and items on the exterior like the shed, irrigation system, and fencing. They have done all of the transactions electronically and have been very responsive and easy to work with throughout the process. They even allowed me to send a photo of my ID via What's App which uses end-to-end encryption because I didn't want to send it via insecure email.

Andrea J.
04-22-2021, 10:05 PM
welcome to the aruba.com community forum.
where we are all helpful and civil!

glad that you had great success with New india
Thank you for mentioning New India! I closed on a home in Aruba last week and have been working with New India to insure the house, contents, and items on the exterior like the shed, irrigation system, and fencing. They have done all of the transactions electronically and have been very responsive and easy to work with throughout the process. They even allowed me to send a photo of my ID via What's App which uses end-to-end encryption because I didn't want to send it via insecure email.

LisaGrn
04-22-2021, 10:28 PM
Welcome to the Forum and congratulations your closing. As I tell all my new homeowners - pop the cork!!

aquaman
04-23-2021, 09:32 AM
Thank you for mentioning New India! I closed on a home in Aruba last week and have been working with New India to insure the house, contents, and items on the exterior like the shed, irrigation system, and fencing. They have done all of the transactions electronically and have been very responsive and easy to work with throughout the process. They even allowed me to send a photo of my ID via What's App which uses end-to-end encryption because I didn't want to send it via insecure email.

If you have a pool make sure the coverage includes it. Some insurance here on the island does not and needs to be specifically added

WaltVB
04-23-2021, 09:38 PM
Hi Kwistal, welcome to the forum!

robin
04-24-2021, 09:04 AM
Hi Kwistal! Welcome and congratulations on your home!

gortvaan
04-25-2021, 08:08 PM
We just got our insurance last fall: got a quote from both New Indian and Nagico. The quotes were very similar. The difference between two companies is that Nagico only hast one type of policy: one that covers all that they deem to be necessary. New India has several type of policies (4?), so one can decide what coverage you want/need but you have to ask, if you don't they will quote you the most comprehensive one. The other difference is that Nagico will not insure you unless you have an appraised value (recent purchase price will not do) while New India advises the appraisal but will accept the purchase price. We did not have time for appraisal and went with New India, we also preferred their customer service. Our agent is Gay Spellen but initially we just sent them a message from their web site and they relied promptly. We send messages to several companies but never got a reply, including Nagico we only got a quote when we went to their office in person. Hope this helps, below is the contact info for New India.

Anna

New India Assurance Representative N.V.
J.E. Irausquin Blvd. 14, Oranjestad, Aruba
526-4800 / 526-4829
gay@newindia.aw (gay@newindia.aw)
www.newindia.aw (http://www.newindia.aw/)
Contact us via +297 593 4700

Stanley
05-31-2021, 04:27 AM
Yes, we have an agent in Aruba and he is very nice. He came recommended and we have been pleased. His name is Arjen deSmit and his number is 297-734-4434. My husband has his email address and he'll get it to me later today.

This! Arjen is also the man I always work with, he has a whatsapp number now

Stanley
05-31-2021, 04:42 AM
Generally, the condo fees(at least for us and it is the same developer) cover anything studs out or if something happens like a pipe breaks in the walls it is covered. However, if someone forgets to shut off the tub and it floods the unit below you, you are responsible. Or if you have a fire(yes, there are sprinklers) or theft, etc. Insurance is inexpensive in Aruba compared to NJ.

I don't really understand you there, How will I be responsible if "you" flood my unit? Please don't see HOA as insurance fees... HOA fees generally (only) pay for :

-insurance of the building outside
-maintenance of the outside building
-cleaning / maintenance of the communal areas
-swimming pool service
-24/7 security guards
-future maintenance

Every condo owner should have its own insurance for inside the condo, always....but that is also in Europe.

JohnMtl
06-08-2021, 05:34 PM
Angela,
Our condo has made arrangements for a group pricing for insurance.

John