Phuket Flood Insurance Claims Reach 181 as OIC Expedites Payouts
The Office of Insurance Commission (OIC) reports 181 insurance claims following recent flooding in Phuket, with Kathu District being the most affected area.
According to a report by Prachachat Business, the Office of Insurance Commission (OIC) has received 181 insurance claims related to the recent flooding in Phuket. The Kathu District accounts for the majority of these reports, with 130 claims filed. OIC Secretary-General Chuchat Pramoonpol stated that the commission is coordinating with insurance companies to expedite the claims process for affected residents. As an initial measure, homeowners are eligible for an immediate payment of 10,000 baht within 15 days of filing. Following this initial disbursement, further assessments will be conducted to determine the actual extent of the damage, with total compensation capped at 100,000 baht per household. For residents and travellers, this development highlights the ongoing recovery efforts in the region following the severe weather events. While the OIC is actively managing the compensation process, the total financial impact of the flooding and the timeline for full restoration of damaged properties remain subject to ongoing assessment by insurance adjusters and local authorities.
