- Property Insurance
- What Is Property Insurance?
- Benefits of Property Insurance
- What Is Covered Under Property Insurance?
- What Is Not Covered Under Property Insurance?
Whether you own a house, an apartment building, a shop or any kind of property, you make a huge investment into it and it becomes your responsibility to protect that investment. This is where the property insurance comes up. If you own a single property or several, getting insured with property insurance is a smart way to protect yourself from unforeseen losses.Read more
Protect your house from calamities & valuable contents from thefts starting @ ₹125/month*
App & Website
Easy Claims Process
**All savings are provided by the insurer as per the IRDAI approved insurance plan. Standard T&C Apply
*For 50 lakhs Structure Value
Table of Content
Property insurance is a legal contract between the insurer and the policyholder. It is a type of insurance plan that provides cover to the property owner from several kinds of unforeseen incidents such as theft burglary, natural calamity, fire accident, etc. Getting insured with a property insurance plan will not only provide you financial aid for the loss or damage but also a sense of security.
There are several benefits of purchasing property insurance. They are as follows:
The property insurance plan provides cover for the following:
The insurer will not provide cover for the following:
Follow the steps mentioned below to raise a claim under property insurance.
When you purchase a property insurance add-on with your home insurance, it comes with validity. So you are required to renew it before the expiry date to get continuous coverage. Here are the steps that you can follow to renew your insurance plan:
Make sure that you renew your insurance plan before the expiration date to get continuous coverage.
Purchasing property insurance from policybazaar can make your task easier than ever. You can purchase this insurance plan on your mobile phone. You just have to download the mobile app and put in your details and then search for the right insurance plan by comparing different insurance plans provided by different insurers. You can also calculate the premium amount using the online home insurance premium calculator tool.
Ans: Yes, you can purchase the insurance plan online. You just have to visit the official website of the insurer and do your research on the product, learn about the coverage in detail and then make the right purchase.
Ans: No, the insurer will not provide coverage for such damages.
Ans: Ye, you can renew the insurance plan online. Visit the official website of the insurer, enter your personal details and plan’s name as well as policy number then it will show you the plan you are insured with and then you can follow the process mentioned above under the heading of “How to renew you property insurance”.