subject: Insure Your Heavenly Abode [print this page] When we think of our buying new house or home, we immediately have beautiful memories of childhood, teenage years, lovely growing up years or probably memories of couples getting married and starting a family! Your home is your heavenly abode after all! Those lovely memories should never be tainted or marred! Home is your most treasured possession and hence you need to ensure complete safety of your house! Hence, home insurance is a must for all. The day and age we all live in robbery, theft, ransack etc is common. You do not have to be a mafia or a business man can happen to a common man also. But before taking home insurance policy, here are some tips and pointers you need to look into and be careful about.
You can start by googling and searching various sites to answer your basic questions and internet is a great source for basic knowledge. In India, both public and private sector players provide different plans for home insurance. General Insurance Corporation of India is one of the leading players in the hone insurance sector. Well, in the last decade many private players (ICICI Lombard, Tata AIG, Bajaj Allianz etc) have blossomed and are giving tuff competition to one another by bettering their schemes and insurance services. There are lot of terms and conditions attached to home insurance policies and they are more or less same for most companies with few minor differences. The best way to go about doing the home insurance is contacting agents of various companies and let them help you in terms of policies, documentations etc.
There are many schemes available today for people looking for home insurance depending on the coverage options. Coverage varies from private to public sector companies. The house owners policy has to be renewed each year! There are different sections and various discounts are attached to each.
Well, getting a principal insurance is not enough. There are strings attached in the form of premium options and other formalities which also vary from company to company. Hence, it is necessary to have a frank and thorough talk with the insurance agent of multiple companies, know their policies and schemes inside out, do you own internet research, talk to people, hunt for reviews and then finally make an informed decision. After all, it is your home that you are talking about. Go ahead, insure your heavenly abode!
