What You Need to Know About Property Insurance in the Dominican Republic

Whether you’re a homeowner, investor, or vacation property owner, understanding property insurance in the Dominican Republic is essential to protecting your assets. From tropical storms to theft and unexpected accidents, the right policy can give you peace of mind—and save you thousands.

At Hernández Peguero Consultoría, we’ve been helping locals and foreigners secure trusted, transparent insurance coverage tailored to the Dominican market. Here's everything you need to know before purchasing homeowners insurance in the Dominican Republic.

🏠 Why Property Insurance Matters?

The Dominican Republic is a beautiful place to own a property, but it’s also exposed to natural hazards such as hurricanes, floods, and earthquakes. That’s why property insurance is more than a recommendation—it’s a necessity.

A well-structured policy can cover:

• Fire and natural disaster damage
  
  

• Theft and vandalism
  
  

• Liability in case of accidents
  
  

• Contents within the property
  
  

• Alternative accommodation during repairs
  
  

🧾 What Does Property Insurance Typically Include?

Most property insurance policies in the Dominican Republic offer two main areas of protection:

1. Structural Coverage

This protects the physical structure of your home or apartment from risks like:

• Hurricanes and windstorms
  
  

• Fire and explosions
  
  

• Earthquakes
  
  

• Floods
  
  

• Vandalism
  
  

2. Contents and Personal Belongings

This covers valuable items inside the home such as:

• Furniture
  
  

• Electronics
  
  

• Appliances
  
  

• Art and décor
  
  

• Clothing
  
  

Depending on your policy, you may also have loss of rent coverage, liability insurance, and home assistance services, which are becoming more common in the local market.

🌪️ Do You Really Need Hurricane Coverage?

Yes—hurricane protection is critical. In the Dominican Republic, hurricane season runs from June to November, and most policies include this coverage with a deductible (usually 2% to 10% of the insured amount).

At Hernández Peguero, we help you compare multiple insurance providers to ensure you get solid protection without overpaying.

👥 Who Should Consider Property Insurance?

• Foreign buyers and investors
  
  

• Vacation rental owners (e.g. Airbnb properties)
  
  

• Retirees relocating to the island
  
  

• Local homeowners looking for solid long-term protection
  
  

Whether your property is a condo in Punta Cana, a villa in Las Terrenas, or a family home in Santo Domingo, having homeowners insurance in the Dominican Republic is the smartest way to protect your investment.

📋 Tips Before You Purchase

1. Work with a trusted broker: A licensed insurance advisor will help you understand policy conditions, deductibles, and exclusions.
   
   

2. Request multiple quotes: Not all insurers offer the same value. Ask for comparisons.
   
   

3. Check for home assistance coverage: Some insurers offer locksmith, plumbing, and electric emergency services.
   
   

4. Understand the deductible: Most natural disaster coverage comes with a % deductible of the insured amount.
   
   

5. Document your assets: Keep photos and receipts of high-value items.
   
   

✅ Why Choose Hernández Peguero Consultoría?

We work with the top-rated insurance companies in the Dominican Republic and provide tailored solutions in both English and Spanish. Our job is to simplify insurance for foreigners and residents, offering:

• Clear explanations
  
  

• Quick quotes
  
  

• Personalized service via WhatsApp or email
  
  

• Policy reviews and annual check-ins
  
  

We’re proud to serve U.S. and Canadian citizens with properties in the DR. Your peace of mind is our mission.

📞 Ready to Get a Quote?

Let’s help you protect your property with the right insurance policy.
📱 WhatsApp: +1 849-514-9838
📧 Email: info@hernandezpeguero.com

Get a free, no-obligation quote today. Your property deserves the best protection.