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The Cost Of Catastrophe: Breaking Down Home Insurance in Barbados

Posted on Mon August 18, 2014 | By Richard Ince

The reaction to a price quote for home insurance in Barbados is often disbelief:  “But my home in (the United Kingdom, Canada etc.) is worth so much more and I am only paying a few hundred pounds/ dollars...for broader coverage!”  
One of the significant costs for homeowners in Barbados is insurance against the risks of fire, weather, natural disasters etc.that comes at a higher rate than for the equivalent or better cover internationally.