The True Cost of NOT Having Property Insurance in Indonesia
- Dewi Putri
- Mar 16
- 2 min read
Updated: Mar 17
Living in or owning property in Bali is a dream — until something goes wrong.And for many, that’s when they realize the cost of not having property insurance is a lot more than just money.
Every month, we speak with villa owners who regret not getting covered earlier. They thought insurance was unnecessary, expensive, or “not really something people do here.”
Let’s break down what not having property insurance can really cost you.
1. Fires, Floods, and Earthquakes Happen More Than You Think
In Bali, tropical storms, electrical fires, and earthquakes are part of life. We’ve seen villas damaged or completely lost in hours — sometimes in minutes. And once it's gone, it's gone.
Without insurance: You cover everything. The repairs, the rebuild, the loss.
With insurance: You're protected and supported through the entire claim process.
Not protecting your investment in a place prone to natural risks just doesn’t make sense.
2. Rebuilding Alone Can Break You
If your villa is damaged or destroyed, the emotional stress is huge — but the financial burden is even bigger.
Without insurance, you pay for everything: clean-up, rebuilding, and replacing furniture or equipment.
There’s no one helping you, no reimbursement, no safety net.
We’ve seen people abandon their properties simply because they couldn’t afford to recover.
Don’t let that happen to you.
3. Renting Out Your Villa? You're Exposed to Legal Liability
If you rent your villa — even just a few times a year — you take on legal responsibility.
A guest injures themselves?
A fire damages a neighbor’s property?
A leak ruins someone’s expensive luggage?
You could be personally liable, especially if you don’t have General Public Liability coverage.
4. Contents and Equipment? Not Covered.
Without insurance, it’s not just the structure that’s unprotected.
TVs, sound systems, art, and furniture
Kitchen appliances, tools, and work gear
Without coverage, all of it is at your own risk — no refunds, no compensation.
5. No One Thinks It’ll Happen to Them… Until It Does
We’ve handled over 100 claims in Bali — fires, floods, lightning, even cars crashing into fences. And every time, the ones without insurance say the same thing:
"I didn’t think it would happen to me."
But when it does, it’s too late. And rebuilding from scratch, alone, is harder than you think. Just go for property insurance in Indonesia.
Protect What You Love, Your Property insurance in Indonesia with BPI.
You wouldn’t leave your house uninsured back home —So why do it in Bali, where natural risks are higher?
Property insurance isn’t expensive. It’s simple, and we’ll walk you through everything. It’s not about fear — it’s about responsibility and peace of mind.