National Disaster Insurance Flood Claim Conditions

Prachachat•Economy•23d ago

Reader Briefing

The Thai General Insurance Association clarifies that residential disaster insurance provides 10,000 baht for homes surrounded by floodwaters for over 7 days.

•Initial compensation of 10,000 baht per household is available for homes surrounded by floods for more than 7 days.
•Water does not need to enter the house for a claim to be eligible.
•Coverage applies to disasters occurring from October 1, 2026, onwards.
•Payment is processed within 15 days after documents and information are complete.

Overview

•Dr. Somporn Suebthawilkul, President of the Thai General Insurance Association, detailed the conditions for residential disaster insurance coverage.
•Eligibility for the 10,000 baht initial claim requires floodwaters to directly surround the structure for over 7 consecutive days, preventing normal living.
•Claims are not eligible if water only floods roads, outer areas, or the village vicinity without directly surrounding the building.
•The home must be located in an area declared a disaster zone by authorized government agencies.
•Coverage is effective for flood events occurring from October 1, 2026, onwards, with no retroactive claims for prior events.
•Citizens can report damages via a website, LINE Official Account, call center, or local claim points using ThaiD for identity verification.
•The insurance company uses technology to verify home locations against disaster zone announcements, maps, and satellite imagery.
•Compensation is primarily paid to the legal owner of the property, or an authorized representative if the occupant is a tenant.

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Key Entities

Organization

Thai General Insurance Association(สมาคมประกันวินาศภัยไทย)

The organization that clarified the conditions for the national disaster insurance project.

ThaiD

A system used for identity verification during the claim reporting process.

Person

Dr. Somporn Suebthawilkul(ดร.สมพร สืบถวิลกุล)

The President of the Thai General Insurance Association.

Policy

Residential Disaster Insurance Project(โครงการประกันภัยพิบัติสำหรับบ้านอยู่อาศัย)

An insurance project providing coverage for residential properties affected by disasters.