- English definition: Fire insurance
Real Estate Japan‘s word of the day for January 8, 2019
Good to know
- The kanji 火災 is read kasai and means “fire”.
- The kanji 保険 is read hoken and means “insurance”.
- When you rent an apartment in Japan, you will be required to take out fire insurance (renters insurance). The average cost of a two-year policy is ¥20,000 (184 USD).
- Fire insurance is not something you can opt out of, so remember to budget for it when you are calculating your move-in costs.
Yesterday’s word-of-the-day: KANRI-HI — 管理費 – Building Maintenance Fee
Relevant Links and Articles
You may also be interested in:
- Checklist for renting an apartment in Japan
- Upfront costs of renting an apartment in Japan
- Avoiding hidden costs when renting an apartment in Japan
- Investing in Tokyo Real Estate – January 17, 2019 seminar for beginners
- How to sell property in Japan: Is 2019 the time to sell? – January 31, 2019 seminar
- Top 10 Stations for Foreigners Buying Property in Japan – For October, 2018
- Before you rent out your investment property in Japan, here’s what you need to do
- Loans to buy property in Japan from overseas
- List of English Speaking Real Estate Agents in Japan – Searchable list of bilingual and multilingual (Japanese, English, Traditional Chinese, Simplified Chinese) real estate agents in Japan
- Buying your dream home in Japan – Your FAQs answered by a local real estate consultant
- Tokyo real estate – Current for sale listings
- Osaka real estate – Current for sale listings
- Aichi real estate – Current for sale listings
- Hokkaido real estate – Current for sale listings
- Okinawa real estate – Current for sale listings
- Can a foreigner buy property in Japan?
- Guide to Japanese real estate taxes
- How to claim tax deductions when you buy a home in 2019
- Which banks lend to foreigners to buy property in Japan?
Lead photo: Fire at an apartment building. Source: sumai-u.com