Home Insurance Policy In India

Why choose Bajaj Allianz for your home insurance needs

When it comes to home insurance, India has traditionally lagged behind. However, buying a home insurance policy is something that should be on top of your list as soon as

When it comes to home insurance, India has traditionally lagged behind. However, buying a home insurance policy is something that should be on top of your list as soon as you have settled into your new home. After all, you’d want nothing but the best home insurance policy in India to ensure that your new home remains secure for many years to come.

After all, the safety of your family is at stake, not to mention the lakhs and crores of rupees you have invested in your dream home. House insurance gives you a measure of certainty in an otherwise uncertain world.

Here’s how Bajaj Allianz Home Insurance gives your home long lasting protection:

Fires, earthquakes, floods, landslides- things that mere boundary walls and barricades cannot hold at bay- have the potential to wipe out entire neighbourhoods. Even if the intensity of such natural disasters is less, a slight tremor or short spell of heavy rain can damage expensive electronic devices and other appliances in your house permanently.

The risk of riots, theft or burglary cannot be fully discounted, either. A home insurance policy can be a silver lining in every adversity, whether natural or manmade.

Whether you’re a tenant in a major metro or a small town, a house insurance policy can help you protect your belongings against a whole gamut of eventualities. Even if you prefer a minimalist lifestyle, with house insurance, your personal property such as laptops, televisions, furniture and other appliances are in safe hands.

If you cannot make up your mind whether to insure your home or its contents, cover both. This gives you the benefit of comprehensive coverage in an emergency and gives you complete peace of mind. Of course, if you’re a tenant, you also have the option of insuring your contents.

Do you worry about whether your doors are safely locked when on vacation? We understand. The thought of burglars sneaking into your home can ruin the holiday mood. With Bajaj Allianz Home Insurance, you can get instant freedom from these compulsive thoughts. Bajaj Allianz Home Insurance secures your home and belongings from a variety of risks, even when you’re travelling away from home for an extended period of time.

‘’Is the price right?” is a fair question to ask. After all, it determines whether a purchase is justified or not. Well, we have taken special care to ensure that our Home Insurance coverage is affordable while providing comprehensive coverage for your needs. You can safely tick off the ‘cost’ checkbox on your list of key attributes for house insurance. Our Home Insurance premium is competitive and value for money.

Let’s face it. There are a lot of due dates that you have to keep up with at any given point in time. You might have a dozen reminders set up to remind you of those. We’re sure home insurance premium and renewal  and premiums are on the list too. But, times have changed and so should you. At Bajaj Allianz, we’ve done away with the need for constant renewals. You can choose Bajaj Allianz My Home Insurance Policy for upto 3 years and bid goodbye to the old fashioned way of renewing annually.

We give you unmatched convenience at an unbeatable price. Our competitive home insurance premium rates will leave you pleasantly surprised.

Actions, they say, speak louder than words. We know you like good deals and we don’t want to disappoint you either! Comprehensive house insurance with deep discounts gives you the best of both worlds. With Bajaj Allianz, you can avail up to 20% discount on total home insurance premium, relieving the pressure on your wallet.

...Show More


Buying a home insurance policy is something that should be on top of your list as soon as you have settled into your new home.

Know More

Considering the amount of financial investment and equity you would have put in while buying a house, a householder policy makes a lot of sense.

Know More

When it comes to protecting your dear ones, Home insurance plans provide you greater control and predictability in the face of adversity.

Know More

Home Insurance for the modern Indian

Owning your own home is both a privilege and a responsibility. Signing the purchase deed is just the beginning. Before you can call your home a home, there’s a lot

of work to be done. It is a process that can be as gratifying as it is back breaking. Poring through interior design magazines, consulting painters and designers, buying distinct art pieces from near and far and finally putting it all together into a wholesome ensemble can take many weeks, if not months.

Of course, no plan survives first contact with reality. You may still have to move the furniture around and tweak the lighting a few more times to get that perfect ambience before you are ready to throw open the doors to family and friends.

And a cause for celebration, it well and truly is! After all, you’ve brought a space that you can finally call your own; a matter of pride for most people. Considering the risks involved, you’d want to buy house insurance as soon as possible.

...Show More

Home Insurance that is here for you

Secure your home and the contents inside it

  • Policy designed to cover various risk and contingencies faced by home owners
  • Affordable premium rates
  • Easy claim settlement process
  • Array of add on covers to choose from

Watch this video to know more about our My Home Insurance policy.


Here’s what’s in it for you

  • After an accident, the charred remains of your house may be a cause for anxiety or a time for renewal. The deciding factor would be whether or not you have home insurance:
  • For example, your great taste may be amply demonstrated in the way you decorate and equip your home. Furnishings, tableware, clothing, electronic gear, kitchen range lend your living space a unique character. However, even a stray electric spark can destroy your assorted collection of household items in a matter of minutes; it may well be too late to salvage anything from the blaze. While we cannot turn back the clock, our Home Insurance policy can make replacing anything you lose, a breeze!
  • Similarly, a barbeque party on a hilltop may be a wonderful idea of a perfect weekend getaway, not to mention the perfect backdrop for selfies that its sunbathed expanse of lush green, would provide. But the outdoors can be quite unpredictable.
  • Bajaj Allianz House Insurance covers loss or damage to portable electronic equipment throughout the country. What’s more, for a little extra home insurance premium this coverage can be extended worldwide.
  • Your finest jewellery probably sees the light of day only during rare occasions and you probably look forward to flaunt them in style. We don’t mean to play spoilsport but in the event of an unexpected mishap involving it, we fly to your aid with our House Insurance cover.

Here’s what’s in it for you

  • Get nationwide coverage for your jewellery and valuables in India, extendable to any destination around the world on payment of extra home insurance premium.
  • Any art collector will tell you that safely storing a million-dollar masterpiece needs an elaborate set-up. If you have a few, you’ll probably need a temperature controlled vault. However, whether during transportation and handling or within a building, a tragedy can strike leaving your precious art in a precarious state. If the worst were to happen, we can assure you that you would not feel the financial loss, at least. The valuation is performed by certified professionals and approved by us.
  • If troubles come in battalions, as the popular saying goes, you need an extra edge. Our range of add-ons is designed to offer your home and belongings an extra dose of protection.
  • Long after a fire or flood has had its way, you may have to deal with consequences such as loss of rental income, relocation, loss of wallet or house keys, etc. Bajaj Allianz Home Insurance eases the financial blow by helping you sustain and renew your lifestyle.
  • To elaborate, after a fire, your flat or commercial property may need to be closed for a while. Bajaj Allianz House Insurance cushions you from a temporary loss of income, while your property is under repair.

Here’s what’s in it for you

  • Similarly, if your home is located in a flood affected area, you and your family may need to be evacuated for an indefinite period of time. With adequate home insurance, India as a country can prevent annual losses worth thousands of crores. Bajaj Allianz Home Insurance provides temporary resettlement cover, which covers the cost of transport and packaging for your belongings during this relocation.
  • We’re sure that you keep your home and valuables under lock and key when you’re away at work or travelling. In the event of a burglary, you’ll find us by your side with our Lock and Key Replacement cover. If ever the need arises for a replacement car key, the bill is on us.
  • Despite the digital payments revolution, visiting the ATM is still fairly necessary. Any suspicious looking character lurking around is sure to raise your heart beat. In case of a snatch and run, you may have to give quite a chase in the hope of retrieving the cash you just withdrew. If the thief turns out to be nimble footed, all is not lost! Bajaj Allianz House Insurance offers you another chance - our ATM Withdrawal Recovery Cover.
  • As for the thief, we’re sure that the long arm of the law would catch up with him, sooner or later.
  • The odds of recovering a lost or stolen wallet are unpredictable at best. Other than searching frantically and hoping against hope that a kind gentleman would have found and returned it, you’d probably be able to do little else. Not if you counted on us, we cover not just the cost of the wallet but also any replacement documents contained in it.

Here’s what’s in it for you

  • Your dog may have a penchant for sprinting like a cannonball at the sight of the cats in the neighbourhood, unmindful of the oncoming traffic. If your worst fears suddenly came true, it’d surely be very unfortunate. While we couldn’t possibly press the pause button to avert an unnerving tragedy like this, we provide you a fixed amount to cover its death. This is also true if your dog were afflicted by a disease and subsequently dies.
  • In case, you rent a plot adjacent to your house for a family event or other residential purposes and due to a freak accident are held responsible for injury caused to another person, you may have a legal liability on your hands. You may be able to avoid going in and out of the corridors of a court entirely. Choose our Bajaj Allianz Home Insurance Policy with Public Liability Cover and let us handle the costs of the legal settlement.
  • Your workplace may always be under electronic surveillance, but accidents are an unfortunate part of life. Your company can take a number of steps to minimize occupational hazards, however, the most effective option from an employee’s perspective would be adequate compensation in the event of accidental injury. You can lean on our employee compensation cover to cover such emergencies.

    • 24*7 customer support: We provide round-the-clock customer support to answer all your health insurance related queries and to provide a hassle-free claim settlement process.
    • In-house HAT: Our Health Administration Team provides complete support for all your claim settlement requests and also ensures quick settlements.
    • Claim settlement: Easy, quick and hassle-free claim settlement process. Cashless claim settlement can be done within 60 minutes, faster than the overall industry standard.
    • Easy buying and renewal: Easy to buy and renew the policy online. Lifetime renewability is also available.

Bajaj Allianz My Home Insurance Plans

Losing something valuable is always followed by a bout of sadness and despair. After the initial stage of shock wears off, you may have to do some strong willed stock taking of the loss incurred. With Bajaj Allianz House Insurance, you’re assured of total peace of mind in terms of the financial impact of such losses. You might wonder as to the basis on which the extent of coverage is determined. After all, you’d expect good returns on the home insurance premium that you pay.

We offer 4 plans under Bajaj Allianz Home Insurance. They are as follows:

Indemnity Basis Plans: This implies that damage or loss to the insured property or item is compensated after a deduction for wear and tear.

Reinstatement Value Basis Plans: Here you get an identical replacement for the damaged article. Note, however, that the value and specifications of the replacement will essentially be equal to the one damaged, not any higher.

New for Old Basis Plans: The replacement cost is paid in full for items damaged beyond repair.

Agreed Value Basis Plans: Agreed value basis means the loss will be settled by us on the value of the property or content agreed by the insured at the time of purchasing the insurance policy.

Agreed Value Basis
(Flat/ Apartment)
Reinstatement Value Basis
(Flat / Apartment / Independent Building)
Indemnity Basis
(Flat / Apartment / Independent Building)
CONTENTS INCLUDING PORTABLE EQUIPMENTS New For Old Basis (Excluding Jewellery and Valuables, Painting, Works of Arts and Curios) PLATINUM PLAN -I
Flat/Apartment Insurance - Agreed Value Basis + Contents - New For Old
Flat/Apartment/Building- Reinstatement Value Basis + Contents - New for Old Basis
Flat/Apartment/Building - Indemnity Basis + Contents- New for Old Basis
Indemnity Basis (Excluding Jewellery and Valuables, Painting, Works of Arts and Curios) PLATINUM PLAN -II
Flat/Apartment Insurance - Agreed Value Basis + Contents - Indemnity Basis
Flat/Apartment/Building - Reinstatement Value Basis + Contents - Indemnity Basis
Flat/Apartment/Building - Indemnity Basis + Contents - Indemnity Basis
Portable Equipments Coverage Inbuilt Coverage : India Coverage Extension On Payment of Additional Premium :Worldwide
JEWELLERY, VALUABLES, CURIOS Etc. Jewellery, Valuable, Curios, Paintings & Work of Arts For Jewellery & Valuables: Inbuilt Coverage : India Coverage Extension On Payment of Additional Premium :Worldwide
ADDITIONAL BENEFIT Rent for Alternate Accommodation and Brokerage i) Rent for Alternate Accommodation
a) 0.5% of the Flat/Apartment Sum Insured or
b) Actual Rent whichever of (a) and (b) is less subject to a maximum of Rs.50,000 per month, for the period until the Completion of Reconstruction or 24 months whichever is less
ii) Actual Brokerage payable not exceeding one month rent
i) Rent for Alternate Accommodation
a) 0.3% of the Flat/Apartment Sum Insured or
b) Actual Rent including Brokerage whichever of (a) and (b) is less subject to a maximum of Rs.35,000 per month, for the period until the completion of Reconstruction or 24 months whichever is less
ii) Actual Brokerage payable not exceeding one month rent
Emergency Purchases Rs.20,000 or actual amount whichever is lower  
NOTE Options To Insure Insured has the Option to insure either Flat/Apartment/Independent Building Only OR Contents Only OR Both.
POLICY PERIOD Options For Policy Period i) Short Term Policy up to 15/30/60/90/120/150/180/210/240/270 days
ii) Annual Policy of 1 Year/2 Years/3 Years/4 Years/5 Years
(Note: For all policies Policy Period for all opted covers shall be identical)
ADD ON COVERS Add On Cover For All Plans 1) LOSS OF RENT
Standalone Cover for Jewellery & Valuables and / or Curios, Paintings & Work of Arts cannot be Opted unless Contents are Insured.

Just like a fresh coat of paint that protects the exterior of your home from the elements, our all-in-one Home Insurance cover gives your home and its contents, lasting protection. With Bajaj Allianz Home Insurance, you can live stress-free knowing that in an emergency; your expenses will be taken care of.

Whether due to a bolt of lightning or a stray cigarette butt, a fire is perhaps one of the biggest threats to your home and family. Within hours, a raging inferno can ravage property worth lakhs of rupees despite concerted efforts by fire-fighters to put it out. Bajaj Allianz Home Insurance covers the costs of repair and/or reconstruction of such property.

Predicting natural disasters like earthquakes is best left to the experts, however, with Bajaj Allianz Home Insurance you can hedge against the risk of damage to property. The costs of rebuilding a home can be prohibitive, all things considered. From obtaining the necessary municipal approvals to buying construction material and labour, you might need to spend many times more to rebuild a house than it cost originally. For a nominal home insurance premium, you can secure your home from such losses.

Bajaj Allianz House Insurance is your trusted ally when it comes to rebuilding your home and life by mitigating the financial impact of a tragic earthquake.

In the dead of the night, your home may be at risk of theft or burglary. Even if you always bolt the doors and secure the windows of your home, its security cannot be left to chance. Bajaj Allianz Home Insurance Policy covers your home against loss from burglary and theft, adding an extra layer of protection that you and your family truly deserve.

If you’ve been putting off your vacation because of fears about the safety of the high value contents of your home, you can finally relax! Bajaj Allianz Home Insurance covers items such as home entertainment systems, computers and their peripherals and a host of other household appliances.If you have an enviable collection of paintings, sculptures or even professional equipment such as cameras, we’ve got you covered.

Family jewellery and other valuables carry a lot of sentimental value. They represent a legacy handed down over many generations and deserve to be cherished and treasured for the aesthetic beauty and grace they embody. Choose Bajaj Allianz House Insurance to protect those priceless works of art that you may have carefully preserved away from the gaze of the world!

Let’s face it! The odds of a natural or man-made disaster can be beaten only a certain number of times. If you have to temporarily evacuate your insured house or residential property due to an emergency, Bajaj Allianz Home Insurance add-ons takes care of the costs incurred on alternate accommodation as well.

One size does not fit all, we know! That’s why with Bajaj Allianz House Insurance you get a range of customizable add-on covers that ensure foolproof protection for your home. In an emergency, you can count on us to offer more than just comforting words; our add-ons make sure that the cost of any stolen or damaged valuables is made good for a slightly higher home insurance premium.

Owner or tenant, our House Insurance plans are a snug fit for your needs. If you’re living in your own house, choose our comprehensive plan to secure your home and its contents from a variety of threats, both natural and man-made. If you’re quite the nomad, don’t worry! You can opt for our contents-only Home Insurance cover and breathe easy.

Let’s decode Home Insurance

What is Home Insurance?

What is property insurance?

What are the losses/perils covered under My Home Insurance Policy?

What are the documents needed to file a claim for house insurance?

How do I calculate my Sum Insured for Structure & Content?

Can I increase my Sum Insured?

How do I cover jewellery, curios and works of art?

Can I cover curios if I travel with it?

Request call back

Request Call Back

Please enter name Please enter valid mobile number Please select the checkbox


I hereby authorize Bajaj Allianz General Insurance Co. Ltd. to call me on the contact number made available by me on the website with a specific request to call back at a convenient time. I further declare that, irrespective of my contact number being registered on National Customer Preference Register (NCPR) under either Fully or Partially Blocked category, any call made or SMS sent in response to my request shall not be construed as an Unsolicited Commercial Communication even though the content of the call may be for the purposes of explaining various insurance products and services or solicitation and procurement of insurance business. Furthermore, I understand that these calls will be recorded & monitored for quality & training purposes, and may be made available to me if required.