Home is considered as one of the biggest investment. You make a life time investment after spending considerable time in selecting the location and finalising the builder, design etc.It covers all the damages caused by the Man-Made or natural calamities. You get financially prepared to face any untoward incident. Therefore, why risk our precious asset by not opting for a home insurance. Read how important it is to have a Home Insurance policy.

1. Things you should
know about a home
insurance policy

2. • Home is supposed to be your most prized possession
and protecting it cannot be called an unnecessary
expense.
• Most people think of home insurance as an unnecessary
expense
• But you will only realize until you actually need it
• Buying the right home insurance policy will be worth
all your money invested

3. Tips to consider before
buying a policy

4. Know your requirement:
• Know the actual value of your
home, only then you will be
able to decide on how much of
home insurance you need
• Do not solely rely on insurance
agent, and keep a self-check on
your home’s value

5. Understand the risk:
Your premium will depend on several factors such as
• Pre-existing damage in the house
• Living habits
• Crime rate in the neighbourhood
• The area at which your house is located
• Proximity to the highways

6. Higher the risk of something
happening, higher will be the
premium

7. Keep a check on things that can save you
premium cost:
You can actually save a lot of money by keeping a few things in
mind
• Hi tech security system
• Burglary alarm system
• Fire alarms and sprinklers
• Advanced heating systems
• Advanced wiring and electrical system for the home
• Proximity of home to fire department
• A home located near a police department
• Well-structured and maintained stairs and sidewalks