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Michael A. Martinez of B & B Real Estate Nicaragua / Panama Real Estate Information – Best Places In The World To Retire User Account
Western Azuero Pennisula, Panama – Best Places In The World To Retire – International LivingAs a personal matter, we don’t have renter’s insurance for the following reasons. We live in the western side of the Azuero peninsula. I live in a rural area on a farm overlooking the ocean. My insurance is my dogs outside the gate. It’s pretty dark and it’s a long drive to get to the gates of my farm. I’m not really worried about actual break ins.
 
I can’t say that there hasn’t been any break ins but they are very rare in this part of Panama.
 
(Little developed area of the Western Azuero, pictured.)
 
Jose Broce of Broce-Pinilla & Asociados – Best Places In The World To Retire User Account
In Panama, there are many companies that offer apartment renter’s insurance. Let’s say I have an apartment that has about US $75,000 worth of belongings inside. This means that I have to pay $75 per month, which is .1% of $75,000 to fully insure the apartment against theft, fire, water damage or any other damages.
 

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