Protect your home with Insurance @ just ₹9/month*
Compare and Save
Compare and save up to 28%**
Bank-approved policy copies
Bank-approved policy copies
No paperwork
No paperwork
Instant online policy issuance
Instant online policy issuance
Name

So that we know what to call you.

Name

We'll send your policy copy & important updates to this number.

View Free Quotes
What are you looking for?
View plans
By clicking on "" you agree to our Privacy Policy & Terms of Use
Get Updates on WhatsApp
Only Policybazaar certified experts will assist you

Common Inclusions and Exclusions of Home Insurance Policy

In India, several insurance companies are offering various home insurance plans. Some common home insurance plans include home insurance for homeowners, housing society, and tenants. So, you must choose an insurance plan according to your requirements and the condition of your home. To make you understand, here is list of common inclusions and exclusions in a standard home insurance policy in India.

Read more

What are the Inclusions of Home Insurance Policy?

To fulfil each individual's varied demands, various home insurance companies in India offer a broad range of home insurance plans. Also, to get the best policy according to your needs, searching thoroughly and buying home insurance online is always suggested.

In the below paragraphs, we have explained the most popular home insurance inclusions offered by the top home insurance companies of India:

Standard Fire and Special Perils Coverage

This home protection cover offers coverage against fire outbreaks and special perils. All kinds of house owners and tenants can buy this plan. In this home insurance online plan, the sum insured is calculated based on the cost of reconstruction of the building.

Some other risks included in this area:

  • Damages or losses to the insured house due to natural calamities like thunder & lightning, storms, hails, landslides, rockslides, cyclones, bush/forest fires, floods, etc.
  • Damages from man-made disasters like riots, strikes, explosions/implosions, vandalism, etc.
  • Damage caused to the insured house by direct contact with rail or road vehicles.
  • Damages from overflowing or bursting water tanks, taps, pipes, and home appliances.
  • Damage caused to the insured house due to leakage or overflow of liquid from automatic sprinkler installations.

Home Structure Coverage

A home structure cover is also known as a home building insurance plan. This cover protects your building from different kinds of risks.

Some of the inclusions in this area:

  • The policy protects any permanent fixtures in your house, including kitchen fittings, bathroom essentials, and damages to the ceiling or roof of the insured building.
  • This policy covers the damages to the garages, sheds, and outdoor rooms that are part of your home structure.

Public Liability Coverage

Public liability coverage protects if any guest or third party causes damage to the insured property. This cover protects you against the liability to compensate for the physical harm caused to your insured house by any third party.

Personal Accident Coverage

This type of cover offers financial protection for you and your family in case of an accident that might lead to physical injury, permanent disablement, or fatal death.

Burglary & TheftCoverage

It gives you cover in case of burglary or theft in an insured house. It includes personal belongings that are stolen or damaged.

Content Coverage

Content coverage refers to heavy possession inside the insured house and requires protection. Including this cover will protect the goods inside the insured home. This includes items like televisions, refrigerators, and other electronic devices. Your important documents are also covered under it.

Moreover, it helps you when you replace the interiors of your house in case of any mishaps, including floods or house fires, which lead to a massive breakdown.

Tenant's Coverage

As a tenant, you can also buy a home insurance plan for your rented house. The best option for you will be to protect the contents instead of opting for the building cover. This option is available for all the tenants who live in a rented place. Also, it is essential as a tenant to protect your contents if you are residing in a rented house.

Landlord's Coverage

As a landlord, you must keep your rented house secure. The standard home insurance policy usually does not fulfil all landlord requirements. That is why if you own a house and keep it for renting purposes, you must look for landlord coverage in your home insurance policy, as it will cover things like loss of rent and protect public liability.

What are the Exclusions of Home Insurance Policy?

A home insurance policy does not cover certain risks that might damage your house's structure and content. Below, we have mentioned a list of exclusions in your home insurance policy:

  • Damages due to the intended destruction of your insured house.
  • Damages to any property constructed under a restricted area.
  • Damage to the home structure or contents that were not insured previously and added as new.
  • Damages to the insured house due to the carelessness of the homeowner.
  • Damages caused to the insured property that does not have valid evidence at the time of raising claims.
  • Any loss or damage to the insured house due to burglary or theft when you left your home unused for more than 30 to 45 days.
  • Damages to the insured house due to regular wear and tear.

People also read About Bharat Griha Raksha Policy

Final thoughts!

Buying a house comes with a big responsibility, and you must protect it from all risks under any condition. Before buying a home insurance online, it is suggested to search the plans on the internet, compare plans offered by different home insurance companies. For this, you can visit Policybazaar.com to compare & choose a property insurance online which is accurate for your home structure and gives you comprehensive coverage.

Written By: PolicyBazaar - Updated: 11 January 2024
Disclaimer: Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by an insurer.
Home Insurance Articles
Buying your dream house can be one of your most significant investments in life, for which you might avail of...Read more
21 Sep 2023 by Policybazaar 5075 Views
Housing society insurance is a one-stop solution for all residential societies against unforeseen damage caused by...Read more
14 Feb 2024 by Policybazaar 1455 Views
Purchasing a home is one of the most financially sound decisions one can make. Any decision taken in a hurry might...Read more
07 Feb 2024 by Policybazaar 1387 Views
Owning your dream house is one of the significant milestones in a lifetime. Remember, your home is not merely a...Read more
30 Jan 2024 by Policybazaar 1098 Views
In home insurance, it is essential to know the differences between two major aspects: Loss of Rent Cover and Rent...Read more
16 Apr 2024 by Policybazaar 557 Views
Valuable Content Cover is an optional or add-on cover offered by...Read more
05 Jun 2024 by Policybazaar 421 Views
Personal Accident (PA) Cover is an add-on cover provided by...Read more
05 Jun 2024 by Policybazaar 341 Views
Loss of Rent (LOR) coverage is a significant feature of a home...Read more
09 May 2024 by Policybazaar 530 Views
A sum insured in home insurance refers to the maximum payout...Read more
18 Apr 2024 by Policybazaar 655 Views
In home insurance, it is essential to know the differences...Read more
16 Apr 2024 by Policybazaar 557 Views

Reviews & Ratings

4.4 / 5 (Based on 120 Reviews)
(Showing Newest 10 reviews)
Virendra
Bokaro, May 21, 2022
Coverage for natural calamity
I was looking for an insurance policy that provides me coverage for natural calamity. Since my house is located near a river and it floods my area in the rainy season. So i went on the Policybazaar website and particularly look for this coverage found the exact plan that provides this coverage.
Sunil
Bilaspur, May 20, 2022
Premium Calculation
I was looking for a home insurance policy online. I stumblled upon the Policybazaar website and it is one of the best online platforms to purchase home insurance policy. I learned about the insurance plan i wanted to purchase and after choosing the plan and add ons i could calculate the premium using their online premium calculator. Thanks Policybazaar.
Manish
Bikaner, May 19, 2022
Natural Calamity cover
I have recently purchased a flat and wanted to cover it with a home insurance policy. I was aware of the Policybazaar website so i thought i should give it a try. I went on their website and as i wanted to cover my flat with a natural calamity cover specifically i searched for it and without wasting a minute it showed me the natural calamity coverage.
Mohit
Amritsar, May 18, 2022
Enough coverage
I was looking for a home insurance plan online. I was fed up as i have to visit different websites to look for a single suitable insurance plan. However, i stumbbled upon Policybazaar website where i was able to find the right insurance plan that could provide me enough coverage.
Sahil
Bareilly, May 17, 2022
Nice customer service
I wanted to purchase a home insurance policy and a friend of mine suggested to purchase it from Policybazaar. I bought the policy and after that i had a confusion regarding exclusions so i called up Policybazaar customer care and they cleared out the confusion and i loved their customer service.
Jitendra
Ajmer, May 16, 2022
Qiuck claim
I purchased a home insurance policy recently. However, due to a natural calamity, my house was damaged as the pressure of the water because of flood broke the enterance door of my house. But the insurance plan that i bought got me covered and i as able to get the quickest claim possible.
Prashant
Delhi, May 15, 2022
Natural calamities covered
I bought a home insurance policy recently. As i live near a river and in the rainy season, my area gets flooded so in order to protect my house and its contents, i purchased the insurance to get coverage for such natual calamities and i am tension free now.
Sharad
Kolkata, May 14, 2022
Wide coverage
The home insurance plan that i purchased from policybazaar's website is a great plan that provides me coverage for not only the structure but also cover several expensive content of the home such as paintings, mobile phones, laptops, television, etc.
Ravi
Ahmedabad, May 13, 2022
Suitable insurance plan
I purchased the group health insurance policy from Policybazaar website. First of all, i did not have to wander much online while lookig for a home insurance plan that fits my requirement and i found the suitbale home insurance plan by comparing different plans on the website.
Yashashvi
Amritsar, May 12, 2022
Natural calamities covered
I bought a home insurance policy recently. As i live near a river and in the rainy season, my area gets flooded so in order to protect my house and its contents, i purchased the insurance to get coverage for such natual calamities and i am tension-free now.
  • Disclaimers+

    #Savings of 28% are based on the comparison between the highest and lowest premiums for a pucca building with sum insured of >₹ 1 crore at Delhi, for property age less than 5 years and policy term of 11 years.

top