Whoever said wishes don’t come true hasn’t explored our offers!
  • Home Insurance

     4.0 / 5.0   by 81 users
    Used this product? Write a review >>

    Policy Coverage

    Customer Service

    Plan Options

    Claim Experience

    Read Home Insurance news or Enjoy it on the go Google Play

    • Experts Says That Insurers Should Oblige to Claims Made Due To A Natural Calamity

      Cyclone Vardah has caused significant damage to buildings, automobiles, and businesses in Chennai. Insurance companies are now flooded with numerous insurance claims from policyholders who had taken home insurance hoping to protect their house in case of eventuality. When insurance companies say that they protect your home and cover for any expenses caused due to a natural calamity, they do not mention in specific that they do not cover damages caused due to rainfall. It is mostly found in the exclusions list in the insurance documents written in small letters. This christmas is not a time to celebrate for Chennai residents as rain has caused severe damage to their properties. Puneet Sahni, Head Product Development in SBI Insurance Company stated that normally damages caused by rainfall is not covered by insurance companies however cyclone Vardah has caused an havoc in Chennai and insurance companies should act morally and accept claims made.

      2nd January 2017

    • Home Insurance one of the least owned policies in the country

      Although India has seen a whopping $9.8 billion loss due to natural disasters like earthquakes, cyclones, floods, tsunamis, and storm surges, home insurance is still one of the least owned insurance policies in the country.

      Pointing out the same, a media house recently reported that there are actually plenty of advantages to owning a home insurance policy.

      In the report, the media house listed out the various covers a home insurance policy would provide the policyholders. Among the many things a home insurance covers, the main ones include protection against natural disasters, man-made disasters, against terror attacks and riots, and also provides coverage against the contents of a house.

      29th November 2016

    • Must have insurance policies for newly-weds

      A young newly-married individual usually has a long work life ahead of him/her, and subsequently many hurdles to cross before he/she creates wealth and financial securities for the family. Listed below are some of the essential insurance products that he/she must purchase in order to secure the family’s savings:

      • Life term insurance - A term insurance plan is a low-cost policy that is ideal for a person with a family. There is no investment component involved in the coverage. One can look for a cover that is 20 times his/her current annual income for securing his/her long-term financial needs.
      • Health insurance plan - Hospitalisation expenses today are highly steep; hence, it is inevitable that one is in possession of a suitable health insurance policy. A cover provided by the employer may not be sufficient, as this would cease to exist when one leaves his/her job. To ensure that the cost of premium is low, it is advisable to purchase a family floater plan.
      • Critical Plan - A Critical Illness Insurance plan will protect the policyholder upon the diagnosis of a specified critical illness. The insurance provides the beneficiary a lump sum amount for the treatment of the disease.
      • Home Insurance - A home insurance policy will provide coverage for damage to the structure of the house from situations like fire. It also protects the contents of the home. The house owner or a tenant can purchase this policy.

      11th November 2016

    • Insurance Market Experiences A Boom Following 2015 Chennai Floods

      Following the widespread destruction caused by the Chennai floods last year, the insurance sector has registered a significant 40% to 50% growth in policy sales not only in Chennai but also its surrounding areas as residents of the city becoming increasingly aware towards protection of their assets. According to reports, insurance claims following the floods touched Rs 5,000 crore.

      The floods caused losses amounting to more than $2 billion, out of which the insured losses amounted to $0.8 billion. Analysis done by Swiss Re indicated that a major portion of the losses were reported from commercial entities, given that Chennai houses a large number of manufacturing companies, especially pertaining to the automotive industry. The boom in the insurance sector can primarily be attributed to customers opting for motor insurance and home insurance while companies are opting for fire insurance policies, motor insurance and machinery insurance.

      3rd October 2016

    • Terrorist Attack Cover: An Add-on to Property Insurance Policy

      Anticipating the increasing risk of terror attacks, insurance analysts suggest that it is wise on the part of customers to cover social events, public gatherings and the like. However, insurance companies follow certain measures for taking such requests into consideration. First and foremost being the assessment of risk factor.

      Generally, individuals who have properties near to the most vulnerable locations should take insurance covers for terrorist attacks. These policies can be opted as an enhancement to their existing property insurance. Even the cost of terrorism cover is significantly low when compared to other insurance products.

      30th September 2016

    • Chennai Floods Leads to Increase in Home Insurance Purchase

      The Chennai floods that ravaged the city the previous year have led to a spike in the number of home insurance enquiries.

      Insurers have reported an increase in the number of home insurance policies being sold in the city and its neighbouring areas, with sales going up by 30%.

      The floods that hit Chennai in November and December of 2015 resulted in damage worth Rs.14,000 crore, with about 35% of this being insured losses.

      The need for home insurance and its benefits have been publicized after the floods, with leading insurers carrying out awareness campaigns in the aftermath of the flood.

      A mere fraction of the claims paid out after the floods were for insured homes, but the renewed public interest appears to be changing the trend as homeowners opt for comprehensive coverage.

      12th September 2016

    • Unclaimed Insurance Amounting to Over Rs.11,000 Crore

      According to reports, over Rs.11,000 crore are currently being held by insurance companies in the way of unclaimed amounts.

      Parliament was informed of this in the recent session by the Minister of State for Finance. The Life Insurance Corporation of India (LIC) alone has over Rs.5,934 crore in unclaimed amounts as on March 31, 2016.

      The large amount still unclaimed by policyholders has been described as something of a concern, with this amount accumulated over a period of time.

      The majority of the unclaimed amount stems from the life insurance and home insurance sectors arising out of death benefit, maturity claim, survival benefit etc.

      Premiums that have not been claimed for over 6 months are also included in this category.

      10th September 2016

    • Listing Insurance Companies to become Mandatory

      IRDAI, the insurance regulator, will be releasing an exposure draft soon in an effort to make it compulsory for insurance companies to be listed. A discussion paper on the issue has already been released. The purpose of this paper was to emphasize the need for listing firms, and that listed companies will have stricter norms regarding disclosure. Presently, only ICICI Prudential Life Insurance has plans for listing the company. There will be more transparency in the insurance system when companies are listed. In terms of the number of insurance policies sold in 2015-16 and the premium income, the life insurance sector showed growth in double digits. These numbers have not been seen since 5 years. The high growth is mainly a result of the amendment to the Gratuity Act making the amount payable Rs.10 lakhs from Rs.3 lakhs. The gratuities are payable by the insurance companies resulting in higher funding. A number of banks have partnered with insurance firms as the IRDAI recently introduced new bancassurance norms allowing banks to sell only 9 policies which is 3 in each category of life, non-life and health insurance.

      1st September 2016

    • Robbery from home to be covered in renters and homeowners cover

      You receive plenty of indemnity for what you spend for your renter’s insurance and home owner’s insurance. For instance, many such policies related to home insurance protects possessions stolen outside of your house, which is known as ‘off-premises coverage’. These policies also cover pet bites, damage to property, and your stuffs among others. You are also protected if your house belongings get stolen from, say, your car while parked elsewhere. 10 percent is the standard amount you will get after a claim. Hence please go through your policy carefully to know what all you can claim for and whether it qualifies for ‘off-premises claim’.

      29th August 2016

    • Unclaimed Insurance Amounting to Over Rs.11,000 Crore

      According to reports, over Rs.11,000 crore are currently being held by insurance companies in the way of unclaimed amounts.

      Parliament was informed of this in the recent session by the Minister of State for Finance. The Life Insurance Corporation of India (LIC) alone has over Rs.5,934 crore in unclaimed amounts as on March 31, 2016.

      The large amount still unclaimed by policyholders has been described as something of a concern, with this amount accumulated over a period of time.

      The majority of the unclaimed amount stems from the life insurance and home insurance sectors arising out of death benefit, maturity claim, survival benefit etc.

      Premiums that have not been claimed for over 6 months are also included in this category.

      25th August 2016

    Home Insurance Reviews

  • Page 1 of 5 1 2 3 4 5
    • review Home Insurance
      "Average service"
      0.5 3.0/5 "Satisfactory"
      I have a home insurance with ORIENTAL INSURANCE. I have been using this home insurance for almost 8 years and it is being covered for 20 years so I need not renew it year on year basis. The total premium of Rs. 50000 for 20 years has been deducted from my home loan at the time of disbursement by Federal bank and the bank paid it to Oriental insurance. There is full coverage for my home. Till now I didn't have any claim experience with them.
      Was this review helpful? 0
      , coimbatore
      Reviewed on Nov 21, 2017
    • ICICI Lombard Home Insurance
      "Good Policy to hold"
      0.5 4.0/5 "Great!"
      I have my home insurance with ICICI LOMBARD GENERAL INSURANCE. I have been using this home insurance since I got my home with ICICI bank as it is a mandatory to have their home insurance along with the loan. Till now I didn't have any claim experience with them as it is a new one.
      Was this review helpful? 0
      , bangalore
      Reviewed on Nov 20, 2017
    • Tata AIG Home Insurance
      "Good policy to hold"
      0.5 4.0/5 "Great!"
      I have another home insurance policy with TATA AIG GENERAL INSURANCE. The home insurance policy which I maintain with TATA AIG GENERAL INSURANCE is very good in servicing. This is a home insurance also a good policy to hold for our home for any claim purposes.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Nov 07, 2017
    • HDFC Ergo Home Insurance
      "Good policy to hold"
      0.5 4.0/5 "Great!"
      I have a home insurance policy with HDFC ERGO GENERAL INSURANCE. I have been maintaining this home insurance for the last 6 years with HDFC ERGO GENERAL INSURANCE. This is a very good insurance policy to hold for our home as it pays the full amount of the claim.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Nov 07, 2017
    • HDFC Ergo Home Insurance
      "home insurance"
      0.5 4.0/5 "Great!"
      HDFC ERGO home insurance is fine this insurance is very much helpful this was taken for a tenure of 10 years. In case of any unforesceen events the insurance company will pay the complete EMI amount and it is not required for me to make the payment . I have paid the amount of one lakh for this insurance.
      Was this review helpful? 0
      , dindigul
      Reviewed on Oct 31, 2017
    • ICICI Lombard Home Insurance
      "Good policy to use"
      0.5 4.0/5 "Great!"
      The Home insurance is given by PNB housing finance and I got it with ICICI Lombard. I recently got home insrunace policy with ICICI Lombard. The customer is above average with this policy. I paid Rs,70,000 for the insurance purpose which is one time payment. It has the tenure of 10years. I have to renew the policy after 10years.
      Was this review helpful? 0
      , greater noida
      Reviewed on Oct 15, 2017
    • review Home Insurance
      "Good Policy to hold"
      0.5 5.0/5 "Blown Away!"
      As I'm holding a home loan with State Bank of India I took the home insurance also from State Bank of India itself as it will be easy for me to maintain the documents and also I like all of their services for the past 35 years. Even for this home insurance it was a quick process. But so far I don't have any claim experience.
      Was this review helpful? 0
      , hubli
      Reviewed on Oct 14, 2017
    • HDFC Ergo Home Insurance
      "Average Policy to hold"
      0.5 3.5/5 "Pretty good"
      As I'm having my home loan with HDFC ergo, I had to take the insurance for my home with their HDFC ERGO GENERAL INSURANCE. It is a mandatory process to take the home loan along with this home insurance. For 5 years I have been maintaining this home insurance.
      Was this review helpful? 0
      , thane
      Reviewed on Oct 14, 2017
    • review Home Insurance
      "Satisfactory service"
      0.5 4.0/5 "Great!"
      I have got he home insurance policy with new India assurance round 16ears ago. The customer service is good with New India assurance. I have paid the premium amount 1 time . I have paid around Rs.3.5lakhs towards the home insurance,. The plan benefits and the coverage is good with this policy and I am satisfied having the new India home insurance.
      Was this review helpful? 0
      , lucknow
      Reviewed on Oct 05, 2017
    • ICICI Lombard Home Insurance
      "Quick and easy"
      0.5 4.0/5 "Great!"
      ICICI Lombard home insurance is very good. It was basically offered against the security of the loan. The premium amount what I pay is on the higher side. The total premium amount is 70k to 80k and I had to pay rs 200 approximately every month.
      Was this review helpful? 0
      , mumbai
      Reviewed on Sep 08, 2017
    • HDFC Ergo Home Insurance
      "Good Policy"
      0.5 4.0/5 "Great!"
      I got the home insurance policy with HDFC Ergo general insurance on the same day when I got the home loan . I pay Rs.678 as premium every month. I never had any claim experience with this policy . The policy coverage and the plan benefits are good with this policy.This policy has the tenure of 15 years. I am happy to have the policy with HDFC ergo.
      Was this review helpful? 0
      , new delhi
      Reviewed on Sep 02, 2017
    • review Home Insurance
      "Good to hold"
      0.5 4.0/5 "Great!"
      SBI home insurance is good to hold they were many options . I am holding this home insurance for a period of one month. The primary benefits are like in case of any unforsceen events this policy will come in to the picture.I had to pay a premium of 5k also I am yet to receive the documents from them.
      Was this review helpful? 0
      , bangalore
      Reviewed on Aug 30, 2017
    • HDFC Ergo Home Insurance
      "Good Policy"
      0.5 5.0/5 "Blown Away!"
      Recently I bought the home insurance policy with HDFC ergo. I paid around Rs.13000 to 14,000 as premium . It is a one time premium , there is no renewal needed with this policy. The plan options and the coverage is good with this policy. This policy has the tenure of 20 years. I am satisfied having the policy with the HDFC ergo.
      Was this review helpful? 0
      , vadodara
      Reviewed on Aug 29, 2017
    • review Home Insurance
      "Good service"
      0.5 5.0/5 "Blown Away!"
      I got many products through bajaj finserv consumer durable loan like mobile phone, television and other household items. I have finished paying EMI for mobile phone but still I am paying the Television EMI. The service with bajaj is really good and it is very much satisfactory for me. The rate of interest is nominal with Bajaj finance. I am happy with Bajaj service.
      Was this review helpful? 0
      , gulbarga
      Reviewed on Jul 12, 2017
    • review Home Insurance
      "Average Benefits"
      0.5 4.0/5 "Great!"
      I have taken home insurance with Cholamandalam before 11 years. When my property was Under construction now its ready to occupy. I am not sure whether still my policy is active or not. I paid the premium of Rs.50,000, they gave me 100% property coverage, including natural calamities of rain, storm and other natural disaster.
      Was this review helpful? 0
      , chennai
      Reviewed on Jun 07, 2017
    • ICICI Lombard Home Insurance
      "Average"
      0.5 3.0/5 "Satisfactory"
      My home insurance is with ICICI Lombard, I have recently taken this policy which came along with the home loan. They have offered good benefits in the policy, but the policy costed me around a lakh and more and since I requested reduce the charges. They have charged me 71K. I am not sure how they could reduce such a difference. If they did what would my benefits be currently. I have yet to receive my documents for the policy.
      Was this review helpful? 0
      , bangalore
      Reviewed on Apr 13, 2017
    • HDFC Ergo Home Insurance
      "Home insurance is okay"
      0.5 3.0/5 "Satisfactory"
      HDFC ERGO home insurance is really fine, they should provide a cover for the whole life. the total term of the policy is 5 years. No drawback nor any challenges. I normally pay about rs 300 per month for a policy coverage for 15 lakh for 5 years..
      Was this review helpful? 5
      , navi mumbai
      Reviewed on Jan 12, 2017
    • Bharti Axa Home Insurance
      "Home insurance is okay"
      0.5 3.5/5 "Pretty good"
      Bharatha Axa home insurance its okay. I am yet to receive the documents from them . This was offered along with the home loan. In case of any unforeseen events this policy would come in to the picture. This insurance was deducted from the loan amount.
      Was this review helpful? 1
      , bangalore
      Reviewed on Jan 12, 2017
    • HDFC Ergo Home Insurance
      "Home insurane is too good"
      0.5 5.0/5 "Blown Away!"
      HDFC ERGO home insurance is very good. I am holding this home insurance for a period of 3 months. No drawback nor any challenges as such. This was offered along with home insurance it provides life cover and it provides minimum guaranteed amount If I pay this insurance amount continuously for 5 years I would get benefits after a 10 years as a bonus.
      Was this review helpful? 1
      , chennai
      Reviewed on Jan 07, 2017
    • ICICI Lombard Home Insurance
      "Good in communication"
      0.5 5.0/5 "Blown Away!"
      Actually ICICI is changing themselves when I took insurance 2008 they are very much advanced in technology and the return of investment in my insurance and the sector and policies are very good. They are very good at personal communication
      Was this review helpful? 4
      , ahmedabad
      Reviewed on Dec 10, 2016
    Common Loader Icon
    Page 1 of 5 1 2 3 4 5
  • reTH65gcmBgCJ7k
    This Page is BLOCKED as it is using Iframes.