So that we know what to call you.
We'll send your policy copy & important updates to this number.
So that we know what to call you.
We'll send your policy copy & important updates to this number.
These days, most landlords insure their homes against risks such as fire, burglary, theft, and so on. But as a tenant, do we take such steps when we are occupying a rented property? On the contrary, we usually consider it as a third-party's property and would, therefore, avoid taking any such responsibilities. Let’s look at why even a tenant needs a home insurance.
As a tenant you need to know that a landlord’s insurance doesn’t cover your personal belongings, such as furniture, electronics, and so on. Moreover, you have to pay for any damage you might accidentally cause to the property. For example, if you’re cooking and a fire accidently happens that spreads to other parts of the building, you would have to incur the costs of repair even for the other apartments as well. This could have been avoided if you had a home insurance cover.
Home insurance for tenants covers two basic areas:
How to buy tenant insurance?
At present, there are no stand alone home insurance policies for tenants. If you wish to insure your personal belongings, then you can get yourself the tenants’ legal liability cover. Some private insurers offer this insurance cover as part of their home insurance such as Bharti Axa, Future Generali, ICICI Lombard, and so on. As prices and features may vary, we’ll assist you in comparing them and you can choose the right home insurance which meet your needs.
Ask your insurance provider to provide a thorough explanation of the policy cover.. A few features that you may wish to enquire about are: