KASAI HOKEN
火災保険, かさいほけん
- 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
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Lead photo: Fire at an apartment building. Source: sumai-u.com