Understanding Temporary Living Arrangements In Japanese Home Insurance Claims – Living in Japan as a foreigner, you may face challenges due to culture shock, language barriers, and simple cross-cultural misunderstandings. But beyond these obvious day-to-day experiences, foreign residents may also have to overcome obstacles during times of stress or disaster. What do you do when a problem arises when you own or rent a property in Japan? While the best plan is to prepare insurance in advance as you would in your home country, finding and purchasing home insurance in Japan can be difficult even if you speak Japanese well. Luckily, we’re here to help.
In addition to explaining the basic coverage and costs of typical Japanese home or rental insurance, this handy guide includes a list of English-language insurance agencies in Tokyo to help you make the best decision during your stay.
Understanding Temporary Living Arrangements In Japanese Home Insurance Claims
When you rent or own a home or business in Japan, you need fire insurance. In fact, many apartment leases require fire insurance.
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Simply put, fire insurance covers damage to your valuable property due to fire, smoke, and more. But the good news is that your insurance plan will usually cover other losses caused by the following common events:
The average cost of two-year fire insurance in Japan ranges from ¥20,000 to ¥40,000, with the price slightly higher depending on the other options you choose to add. Of course, you should check with your insurance company for exact pricing and possible supplements to your plan.
Designed to keep your property safe. The cost of your policy will be determined based on your valuables. This number is set by broad groupings of coverage limits, rather than by plan as is more common in other countries
This covers accidents that cause damage to the interior of your home or even your neighbor’s unit. Like an overflowing bathtub, someone forgetting to put a frying pan full of potatoes on the stove and causing a gas fire, or other accidents.
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This very useful part of your Japanese insurance plan provides you with coverage in the event someone’s property is damaged or injured due to an accident involving you or due to your negligence. For example, if you are involved in a bicycle accident and hit someone on the street, this part of your insurance plan will cover the medical bills and property damage of others involved.
Note that some companies offer insurance to international employees on temporary contracts living in Japan. You should check if this is the case for you and ask for details about your coverage. You may still want to add Japan fire insurance to ensure you are covered for home emergencies and accidents.
Although it may seem like earthquakes should be part of this policy, regular fire insurance in Japan does not actually cover natural disasters. Fortunately, there is an additional insurance option called earthquake insurance that can help in these dangerous situations.
As you probably already know, living in Japan means it’s necessary to be prepared for earthquakes. However, Japanese insurance policies stipulate that fire insurance does not cover losses caused by earthquakes, including fire-related losses that may spread due to earthquakes. Therefore, it is necessary to add additional earthquake coverage to your policy. Please note that you can only get this coverage as an add-on product, as it is not sold as a stand-alone product. Japan Earthquake Insurance Guide: Quick Questions and Answers
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According to the Ministry of Finance of Japan, the cost of earthquake insurance policies varies from prefecture to prefecture, with the lowest being approximately 6,500 yen per year and the highest being approximately 32,600 yen per year. Please visit their website for more details.
Earthquake insurance specifically covers earthquake disasters. It covers loss of your personal belongings, including household items, as well as property damage due to fire, vandalism, landslides, debris or water damage, assuming the former is caused by earthquakes, volcanic eruptions and tsunamis.
Please note that your additional earthquake insurance does not cover precious metals, jewelry and antiques, currencies, securities, deposit and savings certificates, revenue stamps, postage stamps, or automobiles worth more than 300, 000 yen per piece or set.
When renting or owning property in Japan, selecting, purchasing and maintaining insurance to help cover the costs of damage, loss, liability, and earthquake and disaster losses is critical to your safety and peace of mind.
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While we understand that some people may choose coverage from companies outside of Japan, we want to help you and your family make the best policy choice for you and your family in the country you will be returning home to in the coming months or years.
To do this, we’ve compiled a short list of English-speaking insurance companies that can provide overall policy advice, provide estimates, and help you submit all necessary documentation. They will give you a clear understanding of your policy and all the costs involved so that you feel comfortable and confident in your coverage choices.
In this easy-to-follow guide, we look at the different types of insurance available for homeowners in Japan and give you the information you need to choose the right policy for your needs.
It is a 5-minute walk from Kamizumi Station and within walking distance of Shibuya Station, making it very convenient for work and school. Located in a quiet residential area, this designer apartment has a structural design with graceful curves. There are convenience stores and supermarkets nearby, making living comfortable. The apartments provide unit types from 2LDK to 3LDK, covering a variety of lifestyles, and are fully equipped with floor heating, bathroom dryers and other facilities.
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Within 3 minutes from Gotanda Station. Walk. The location is very convenient, right next to Tsutaya. The Meguro River is nearby. It has a luxurious entrance and practical interior facilities. Units on higher floors enjoy excellent views.
High-rise apartment with views of Tokyo Tower, Rainbow Bridge and Roppongi Hills. Pets are welcome. 8 minutes from Shirokanedai Station.
Als Kachidoki Comone is an apartment building with an address of “3-chome, Kachidoki, Chuo-ku, Tokyo”. It was built in March 2003 and has 8 floors above ground with a total of 74 units. The location is strategically located, about a 4-minute walk from Katsudori Station on the Toei Subway Oedo Line, a 12-minute walk from Tsukishima Station on the same line, and a 12-minute walk from Tsukishima Station on the Tokyo Metro Yurakucho Line, making it easy to get to Ginza and Tsukiji. . Harumijima Triton Plaza is also within walking distance, where you can buy daily necessities such as food, or eat out. It is about 110m from the Sumida River Terrace, about 110m from the FamilyMart Katsudo-sanchome store, about 260m from Tsukishima Daiichi Children’s Park, and about 850m from Harumijima Triton Plaza, and there are many other restaurants around.
The hotel is located at the intersection of transportation routes in central Tokyo and the Bay Area. Only 2.2 kilometers away from Tokyo Ginza. This 52-story twin-tower building adopts a seismic isolation structure. In addition to a spa, gym, lounge, book salon, etc., it also provides residents with high-quality services such as concierge service, car sharing service, and shuttle bus to Xinqiao Station.
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BELTE Minami Aoyama I is a newly built earthquake-resistant apartment building originally built by Taisei Construction Co., Ltd. and sold by Arteca Co., Ltd. in June 1993. It is a 7-minute walk from Gaienmae Station on the Tokyo Metro Ginza Line and an 11-minute walk from Omotesando Station on the Ginza Line, Hanzomon Line, and Chiyoda Line. From Aoyama and Shibuya to Roppongi and Azabu, they are all within living distance. The brown tiled facade gives the building a stately appearance. The building has 34 units and faces Waiyuan Xitong Street. Moving to Tokyo as an expat requires a lot of work to find a house and settle down.
This process includes selecting the property, locating the area, arranging the move, various registrations and any necessary changes. Most importantly, if you have children, you need to find a school and get them enrolled. There is a lot to do and it is time consuming.
When you stay in Japan for more than a year or for a long-term stay, you may need to look for rental housing. We strongly recommend that you consult with a real estate agent who has a thorough understanding of the expat lifestyle and experience in handling a variety of properties to meet your individual needs and find the home that is best for you.
PLAZA HOMES helps people who are new to Tokyo complete these processes, guiding you to different areas in Tokyo, showing different types of properties, choosing the right property according to your length of stay, explaining Japanese business customs, etc. The Rental Properties page of our website.
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It refers to properties that meet a certain standard of living for foreigners without any inconveniences. Westerners, who
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