Read the Kohinoor’s blog to know the importance of buying home insurance, why and how to purchase it. It will help you with the claim settlement process & top insurance providers in India. – PowerPoint PPT presentation
Nothing is more important than a decent, safe, and secure home. After all, it's the place wherever you and your beloved ones will rejoice, weave thousands of reminiscences that last for a lifespan. Whereas we tend to work very hard and place all lifes savings into buying or constructing a home, we forget that home needs protection in the style of insurance too.
So if you have a matter like - Why buy home insurance?
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So if you have a matter like - Why buy home insurance?
Then it would be best if you kept in mind that home insurance cowl ensures the structure of your home and its contents against fire and allied perils like theft, earthquake and lightning. Dont stay up for a tragedy to inform you of buying home insurance. Choose them beforehand.
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Better safe than sorry.
However, before going ahead with how to buy home insurance, take a glance at a number of the essential aspects of how home insurance is structured.
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The value of your home comprises three broad components, which are as follows
Cost of land
Cost of construction
Cost of locality (a house in a Posh neighborhood would cost more)
Home insurance covers only the cost of construction
Before selecting an insurer, dont forget to go through the following points