A home will probably be the biggest investment you will make during your career and by extention, your life. Since you are investing so much money in your home, it is always a good idea to buy a home insurance policy so that in case of an adverse event, your investment won’t go to waste.
But despite the apparent benefits, most people are still hesistant to invest in a home insurance policy. So here are the five common reasons people give when we ask them to buy home insurance policy.
They can’t afford it
The premiums on home insurance are among the lowest across all categories of insurance. If you go with us, your premium will start from as low as 3923 rupees per annum, including taxes. For this sum, you will get a cover of 5 lakh rupees. If you compare the premium to the sum insured, you don’t need to be an expert in math to see that you are benefitting.
I’m living in a rented accomodation
Home insurance not only protects you from losses sustained from burglary and fire but also from damage or destruction of electric appliances, jewelry, and even personal accidents. Are these things not important too in a house? In fact, content insurance even protects you from chain snatching.
No time to decide
Everyone is in a hurry these days. People are either busy with work or they have a lot of family commitments. So if you request them to give you some time to explain the various benefits of home insurance, they plead they don’t have the time. But what if we tell you that you can buy home insurance policy online. In just a few minutes, you can the proud owner of a comprehensive home insurance policy.
The process (of buying insurance) is too tedious
There was a time when buying insurance of any kind used to be a tiring and tedious process. But insurance companies have wisened up. For instance, we’ve made it so that you can even buy a home insurance policy from our website. Since you are already here, just visit our home insurance section, go through our three home insurance plans and zero down on the policy you like. It’s that simple!
My savings will take care of the damages
Indians might be one of the biggest savers in the world but not every Indian is one. If you are living paycheck to paycheck then you probably won’t have enough savings to tide you over an incident like home burglary or fire. So it is best to invest in a home insurance policy so you can be truly safe.
Some people actually cringe when you talk to them about home insurance. But when they see the benefits, a lot of them are eager to sign up. So don’t think you are pouring water into sand by buying home insurance. In case something goes wrong (god forbid), you will pat yourself on the back for having the foresight to buy a home insurance policy.