Can I get home insurance if my home is under construction?

Standard home insurance policies cover completed, occupied residential properties. For a home under construction, you would typically require a Contractor's All Risk (CAR) policy, which covers the construction risk, materials, and third-party liability during the build phase. Once the property is completed and possession is taken, you transition to a standard home insurance policy.

Does home insurance cover my home office equipment if I work from home?

Standard contents typically include electronics listed in the policy. However, purpose-bought commercial or professional equipment, dedicated computers for a business, commercial printers, and servers may fall outside the scope of a residential home contents policy.

20+

Insurer partners

10 yr

Max policy term

100%

Paperless issuance

Home Insurance in India

Your home is your biggest asset. Protect it properly.

DigiSafe compares home insurance from 20+ IRDAI-approved insurers, covering structure, contents, floods, earthquakes, and burglary. Paperless, instant policies. Unbiased advice, always.

What is Home Insurance in India

Home insurance, also known as house or property insurance, is a type of general insurance that protects your home and belongings against unexpected financial losses caused by fire, floods, earthquakes, cyclones, burglary, and other risks. A standard policy can cover both the structure of your home, including walls, roofs, and fixtures, and the contents inside, such as furniture, electronics, appliances, and valuables.

Despite India being highly vulnerable to natural disasters, home insurance adoption remains extremely low, leaving many families financially exposed after floods, storms, or fire-related damage. Whether you own an apartment, an independent house, or a rented property, the right policy helps reduce out-of-pocket repair and replacement costs.

As an IRDAI-licensed broker, DigiSafe compares home insurance plans from 20+ insurers, including Bharat Griha Raksha policies, to help you choose the right coverage for your property and budget.

Why Choose DigiSafe for Home Insurance in India

Compare home insurance from 20+ insurers

We help you compare home insurance plans from leading insurers, including HDFC ERGO, TATA AIG, ICICI Lombard, Bajaj General Insurance, and 16+ others side by side.

Unbiased advice tailored to your property

As an IRDAI-licensed broker, DigiSafe recommends policies based on your home type, location, flood risk, and coverage needs, not insurer targets.

Complete support from quote to claim

From calculating the correct sum insured to policy issuance, renewals, and claim assistance, DigiSafe supports you throughout your entire insurance journey.

Designed for Every Kind of Homeowner and Renter

Every property owner or resident has different risks, coverage needs, and budgets. DigiSafe helps you compare the right home insurance policy for your living situation.

Independent Homeowners

Protection for standalone homes against disasters and damage.

Apartment & Flat Owners

Coverage for flats, interiors, appliances, and water damage.

Tenants & Renters

Insurance for rented-home belongings against theft and loss.

Landlords & Property Investors

Protection for rental properties and tenant-related financial risks.

Rural & Semi-Urban Homeowners

Coverage for rural homes against floods, fire, and storms.

Home Loan Borrowers

Protection for financed homes against major structural losses.

What Affects Your Home
Insurance Premium

Location

Coastal, flood-prone, or seismic zones attract higher premiums.

Construction type

RCC homes cost less to insure than semi-pucca or kuccha homes.

Property age

Homes under 40 years old cost less to insure.

Sum insured

Calculated using carpet area and construction cost, not land value.

Add-ons chosen

Burglary, jewellery, and other riders increase premiums.

Policy term

3–10 year policies reduce effective annual premiums.

Three Types of Home Insurance Cover: Choose What Fits Your Situation

Every home has different protection needs. DigiSafe helps you compare the right type of home insurance coverage across 20+ leading insurers in India.

Structure and contents insurance protects both your home’s physical structure and household belongings against fire, floods, burglary, earthquakes, storms, and accidental damage.

Structure + Contents Insurance

Building insurance covers walls, roofs, foundations, fixtures, and permanent structures against fire, floods, storms, earthquakes, and other structural damage risks.

Building / Structure Insurance

Home contents insurance protects furniture, appliances, electronics, clothing, jewellery, and personal belongings against theft, fire, floods, and accidental household damage.

Home Contents Insurance

What's Covered & What's Not: Inclusions and Exclusions at a Glance

The biggest mistake in home insurance is assuming everything is covered. Here is exactly what a standard policy includes and excludes.

What Home Insurance Covers	What Home Insurance Does Not Cover
Fire, explosion, implosion, and lightning	Intentional or wilful damage by the business owner
Floods, cyclones, storms, and inundation	War, invasion, nuclear, and radioactive risks
Earthquakes and subsidence	Normal wear and tear or gradual deterioration
Burglary, theft, and housebreaking	Employee dishonesty, unless a fidelity cover is added
Machinery breakdown and equipment failure	Consequential losses unless business interruption is added
Public and third-party liability claims	Pre-existing damage not disclosed at policy inception
Business interruption and loss of profit	Loss of goodwill, market share, or reputational damage
Workmen's compensation and employee injury	Contractual liability beyond standard legal liability
Goods in transit within India	Stock losses due to unexplained shortages or shrinkage
Electronic equipment and data restoration costs	Cyber losses unless a specific cyber insurance cover is added

How DigiSafe Helps You Buy Home Insurance

Our Process

Simple, paperless, and fully guided — from understanding your property risks to receiving the right home insurance policy digitally.

Tell us about your property location, type, carpet area, and construction age so our advisors can understand your exact coverage requirements.

Share your property details

01

We assess your home’s reinstatement value accurately, helping you avoid underinsurance, overpaying premiums, or choosing insufficient coverage limits.

We calculate the right sum insured

02

Our advisors compare premiums, claim settlement records, coverage features, and add-on options across 20+ insurers, completely unbiased and transparent.

We compare plans across insurers

03

Once you choose a plan, we handle policy issuance, renewal reminders, documentation, and claim coordination support whenever you need assistance.

You buy, we stay to support

04

Why Use DigiSafe Instead of Buying Home Insurance Directly

The premium you pay is identical whether you buy direct or through DigiSafe. What you get, however, is very different.

What Matters to You	Through DigiSafe	Direct from Insurer	Bank’s Tied Product
Multi-insurer comparison	✓ 20+ insurers	✗ 1 insurer	✗ 1–2 tied products
Unbiased recommendation	✓ We represent you	✗ Insurer’s own interest	✗ Bank’s tied interest
Correct sum insured calculation	✓ Included in advisory	~ Self-calculated	✗ Often incorrect
Claim coordination support	✓ Full guidance	~ Self-managed	✗ Minimal
Extra cost to you	✓ Zero	✓ Zero	✗ Often overpriced
Coverage gap analysis	✓ Included	✗ Not offered	✗ Not offered
Renewal reminders & review	✓ Proactive	~ Auto-renew only	~ Varies

Six Things to Get Right When Buying Home Insurance in India

The right home insurance policy is not just about the lowest premium. DigiSafe helps homeowners avoid common mistakes that lead to underinsurance and rejected claims.

Insure reconstruction cost, not market value

Home insurance should cover rebuilding costs based on construction value, not property market prices that include land appreciation and unrelated expenses.

Don’t underinsure your household contents

Furniture, appliances, electronics, jewellery, and clothing are often undervalued, leading to lower claim payouts during unexpected damage or loss situations.

Choose longer policy terms for savings

Long-term home insurance policies reduce annual premium costs while keeping your sum insured aligned with inflation through built-in escalation benefits.

Check the insurer’s claim settlement record

A reliable insurer with strong claim settlement performance and faster turnaround matters far more than simply choosing the cheapest premium available.

Add covers based on your risk profile

Flood-prone locations, valuables, rental properties, and high-risk zones often require additional coverage beyond the standard home insurance policy features.

Disclose existing damage honestly

Undisclosed seepage, structural cracks, or previous damage are among the most common reasons home insurance claims are delayed or rejected.

Any Questions

Frequently asked questions

Home Insurance

The building sum insured is based on the carpet area of the property multiplied by the current construction cost per square foot for your construction type and location — not the market value, sale price, or stamp duty value. Land value is excluded. Correctly calculating the sum insured is critical: underinsuring your home means any claim will be settled proportionally, leaving you with a gap. DigiSafe's advisors calculate this correctly before recommending a policy.

Standard home insurance policies in India cover natural calamities, including floods, earthquakes, cyclones, storms, hurricanes, tornadoes, inundation, and lightning as standard inclusions, not paid add-ons. This is especially important given India's exposure: the 2024 Chennai floods, the 2024 Wayanad landslide, and recurring cyclone events along the east and west coasts all resulted in significant property losses.