Thailand's Office of Insurance Commission issued rainy-season guidance urging the public, farmers and business operators to check whether their existing insurance policies remain in force and to use insurance to manage losses from natural hazards including thunderstorms, strong winds, flash floods and landslides that can damage homes, buildings, vehicles and agricultural output. The notice also highlights recurring third-party damage from advertising signs collapsing in high winds and reminds operators of the legal requirement to hold liability insurance in specified cases. The Office pointed to comprehensive motor insurance, property all risks insurance (IAR) and fire insurance with additional cover for four natural perils: flood, windstorm, hail and earthquake, while noting that IAR policies can cover a wider range of risks such as fire, lightning, explosion and vehicle impact alongside natural perils. It also referenced agricultural crop insurance products including wet-season rice, feed maize and durian. The statutory liability insurance requirement applies to signs or sign structures at least 15 metres above ground, with an area of at least 50 square metres, or installed on a roof or terrace with an area of at least 25 square metres, with non-compliance subject to imprisonment and fines.
Thailand Office of Insurance Commission 2025-08-02
Thailand Office of Insurance Commission urges policyholders to review natural disaster cover and reminds operators of mandatory liability insurance for large advertising signs
Thailand's Office of Insurance Commission advises the public, farmers, and businesses to review insurance policies for natural hazard coverage during the rainy season. It stresses comprehensive motor, property, and agricultural insurance, and reminds operators of the legal requirement for liability insurance for large advertising signs. Non-compliance can lead to imprisonment and fines.