• search-icon
  • hamburger-icon

Home Insurance

Home Insurance Premium Calculator

MyHomeInsuranceAllRiskPolicy

Plans Start From ₹45

Safeguard Your Memories, Insure Your Home

Coverage Highlights

Get comprehensive coverage for your home
  • All Risk Coverage

Get comprehensive protection against wide range of risks like accidental fire, lightning, flood, storm, earthquake, accidental damage, theft, burglary and more, except named exclusions

  • Worldwide Coverage

Option to secure your valuables, jewellery, laptops, mobiles, cameras & other portable equipments anywhere in the world

  • Waiver Of Condition Of Average

Under many policies if you under-declare sum insured, then there is a pro-rata deduction from claim payable. However, under this policy proportional deduction will not be applied

  • No Content Declaration

You need not declare list of contents if the content sum insured is above INR 5 Lacs

  • Long-Term Cover

Policy can be issued for a period upto 5 years

  • Restoration Of Sum Insured

If the sum insured is exhausted due to a claim, it will be restored for subsequent claims within the policy year

  • Multiple Plans

You can select plans that are best suited for your needs

  • Easy Claim Process

Streamlined and hassle-free claims process to ensure quick settlements

  • 24x7 Customer Support

Round-the-clock assistance to address any queries or emergencies promptly

  • Note

* Indicative annual premium for 1 lakh sum insured

Key Inclusions

What's covered?
  • Home Building Cover

Indemnifies losses to insured building structure (floors, walls, windows, fitted-in sanitary wares/fittings, piping and plumbing, electrical fittings) from all risks except named exclusions

  • Home Contents Cover

Indemnifies losses to Home Contents such as clothing, shoes, furniture, fixtures, retro-fitted sanitary fittings and electrical fittings, crockery, cutlery, steel utensils, other home articles while they are within the specified home premises

  • Portable Equipments Cover

Indemnifies losses happening anywhere in India to your laptops, mobiles, i-pads, musical instrument, hearing aids, fitness trackers, personal medical devices cameras and similar items. You can opt for a global coverage too.

  • Jewellery And Valuables

Covers losses to your declared jewellery items anywhere in India. You can opt for a global coverage too. Sum insured is determined as per the valuation report

  • Rent For Alternate Accommodation And Brokerage

If your home becomes inhabitable due to covered perils, some plans cover rent & brokerage for alternate accomodation up to a specified limit

  • Emergency Purchases

Expenses incurred towards emergency purchase of food, clothing, medicines and similar daily essentials are covered upto INR 20,000 under some plans

  • Architects, Surveyors And Consulting Engineers Fees

Following a loss, these fees are covered up to 3% of the claim amount

  • Debris Removal

Following a loss, destruction or damage to insured property by a covered peril, cost of debris removal is covered up to 1% of the claim amount

Key Exclusions

What's not covered?
  • Deductible

5% of each and every claim, pertaining to the portable equipment/portable items subject to a minimum of INR 2,500 is deducted

  • Mis-representation/Pre-existing Damages/Structural Defects

Mis-representation/non-disclosure of any material facts/pre-existing damages/structural defects, latent defects, poor maintenance, poor workmanship, poor design, manufacturing defects etc are not covered

  • Wear And Tear

Damages due to wear and tear, depreciation, moth, vermin, insects or mildew, process of cleaning, dyeing or bleaching, restoring, repairing, retouching or renovation, inherent vice, warping or shrinkage, the action of light or atmospheric conditions, natural ageing or any other gradually operating causes are not covered

  • Breaking And Cracking

Breakage, cracking or scratching of crockery, glass, cameras, binoculars, lenses, musical instruments, sports gear and similar articles of brittle or fragile nature, unless caused by fire or accidental external means are not covered

  • Mechanical or Electrical Breakdown

Loss or damage due to mechanical or electrical breakdown are not covered unless specifically covered under the policy

  • Loss Or Damage To Money

Loss of cash, currency, or similar valuables are not covered unless specifically covered under the policy

  • Loss From Safe

Loss from safe inside insured “building”, by use of the key or any duplicate thereof or access code to the safe belonging to the insured, unless this has been obtained by threat or by violence

  • Dismantling/Fitting

Dismantling, fitting adjustment, repair alteration or modification not approved by the makers/manufacturers and/or their agents. Damage falling under the terms of the maintenance agreement

  • Seepage/ Contamination

Loss, damage or liability arising directly or indirectly from seepage, pollution or contamination

  • Other Exclusions

Please refer to policy wordings for details

Optional Covers

What else can you get?
  • Key And Lock Replacement Cover

Covers cost for replacing locks and keys of your home and vehicles if they are lost or stolen

  • ATM Withdrawal Robbery Cover

Provides financial protection if you are robbed after withdrawing cash from an ATM

  • Lost Wallet Cover

Replacement costs for lost or stolen wallet as well as personal papers and payment cards that were in the wallet

  • Dog Insurance Cover

Insures against death from accidents or diseases of your pet dog covered under the policy

  • Public Liability Cover

Offers protection against legal liability for accidental bodily injury or property damage to third parties

  • Employee's Compensation Cover

Covers legal liability towards employees for injury, illness or death arising out of employment duties

  • Temporary Resettlement Cover

Covers expenses for temporary accommodation if your home is uninhabitable following a loss

  • Loss Of Rent Cover

Compensates for lost rental income if your insured property becomes uninhabitable following a loss

Benefits You Deserve

alttext

Safeguarding personal assets

Protect your hard-earned assets with a reliable home insurance

alttext

Safety from Natural Disasters

Unexpected natural disasters can lead to a major financial setback

alttext

Protect your precious property

Ensure peace of mind by protecting what matter most - your home and valuables

At-A-Glance

Compare Insurance Plans Made for You

Plans Offered
alt

Gold Plan I

Diamond Plan I

Platinum Plan I

Gold Plan II

Diamond Plan II

Platinum Plan II

Suitable For Flats/Independent Buildings/Bungalows Flats/Independent Buildings/Bungalows Flats Flats/Independent Buildings/Bungalows Flats/Independent Buildings/Bungalows Flats
Home Building Cover Market Value Basis: Cost of replacement or repairs to restore to original condition after adjusting for depreciation Reinstatement Value Basis: Cost of replacement or repairs to restore to original condition without depreciation Agreed Value Basis: Mutually determined value while buying the policy Market Value Basis: Cost of replacement or repairs to restore to original condition after adjusting for depreciation Reinstatement Value Basis: Cost of replacement or repairs to restore to original condition without any depreciation Agreed Value Basis: Mutually determined value while buying the policy
Home Content Cover New for old basis: Cost of replacement with a new item of the same kind without depreciation New for old basis: Cost of replacement with a new item of the same kind without depreciation New for old basis: Cost of replacement with a new item of the same kind without depreciation Indemnity Basis: Cost of replacement with item of the same kind after adjusting for depreciation Indemnity Basis: Cost of replacement with item of the same kind after adjusting for depreciation Indemnity Basis: Cost of replacement with item of the same kind after adjusting for depreciation
Portable Equipments Cover New for old basis for items upto specified age, else indemnity New for old basis for items upto specified age, else indemnity New for old basis for items upto specified age, else indemnity Indemnity basis Indemnity basis Indemnity basis
Jewellery And Valuables, Curios, Art And Paintings Optional Cover Optional Cover Optional Cover Optional Cover Optional Cover Optional Cover
Rent For Alternate Accomodation And Brokerage Not Covered Covered up to specified limits Not Covered Covered up to specified limits Covered up to specified limits Covered up to specified limits
Emergency Purchases Up To INR 20,000 Not Covered Covered Covered Not Covered Covered Covered

Download Policy Documents

Get instant access to your policy details with a single click.

Wellness Companion

Healthmanager

Insurance benefits and rewards

Earn points for health activities and get benefits as premium discounts & policy upgrades. Improve your health to reduce claims & maximize benefits.

Healthassetment

Complete health assessment and data integration

Start with a detailed health evaluation and sync your medical records & wearables for real-time data on activity, sleep & vital metrics.

Healthmanager

Insurance benefits and rewards

Earn points for health activities and get benefits as premium discounts & policy upgrades. Improve your health to reduce claims & maximize benefits

HealthAssesment

Complete health assessment and data integration

Start with a detailed health evaluation and sync your medical records & wearables for real-time data on activity, sleep & vital metrics.

Expand Your Coverage Today!

Loss of Rent Cover

Tooltip text

Compensates for lost rental income.

Applies if insured property becomes uninhabitable

Starting from

INR 45 + GST

Buy Now

Temporary Resettlement Cover

Tooltip text

Compensates for lost rental income.

Applies if your home is uninhabitable after a covered event.

Starting from

INR 50 + GST

Buy Now

Key and Lock Replacement Cover

Tooltip text

Covers costs for replacing locks and keys.

Applies if they are lost or stolen.

Starting from

INR 100 + GST

Buy Now

ATM Withdrawal Robbery Cover

Tooltip text

Provides financial protection if you are robbed.

Applies when cash is withdrawn from ATM

Starting from

INR 150 + GST

Buy Now

Lost Wallet Cover

Tooltip text

Covers the loss of your wallet.

Includes the cost of replacing contents like cards and IDs.

Starting from

INR 50 + GST

Buy Now

Step-by-Step Guide

To help you navigate your insurance journey

How to Buy

  • 0

    Visit Bajaj Allianz website

  • 1

    Enter personal details

  • 2

    Compare home insurance plans

  • 3

    Select suitable coverage

  • 4

    Check discounts & offers

  • 5

    Add optional benefits

  • 6

    Proceed to secure payment

  • 7

    Receive instant policy confirmation

How to Renew

  • 0

    Login to the app

  • 1

    Enter your current policy details

  • 2

    Review and update coverage if required

  • 3

    Check for renewal offers

  • 4

    Add or remove riders

  • 5

    Confirm details and proceed

  • 6

    Complete renewal payment online

  • 7

    Receive instant confirmation for your policy renewal

How to Claim

  • 0

    Notify Bajaj Allianz about the claim using app

  • 1

    Submit all the required documents

  • 2

    Choose cashless or reimbursement mode for your claim

  • 3

    Avail treatment and share required bills

  • 4

    Receive claim settlement after approval

How to Port

  • 0

    Check eligibility for porting

  • 1

    Compare new policy benefits

  • 2

    Apply before your current policy expires

  • 3

    Provide details of your existing policy

  • 4

    Undergo risk assessment by Bajaj Allianz

  • 5

    Receive approval from Bajaj Allianz

  • 6

    Pay the premium for your new policy

  • 7

    Receive policy documents & coverage details

Insurance Samjho

EN
View all
KAJNN

Critical Illness Insurance

KAJNN

Health Claim by Direct Click

KAJNN

Personal Accident policy

KAJNN

Global Personal Guard Policy

Claim Motor On The Spot

Two-Wheeler Long Term Policy

24x7 Roadside/Spot assistance

Caringly Yours (Motor Insurance)

Travel Insurance Claim

Cashless Claim

24x7 Missed Facility

Filing a Travel Insurance Claim

My Home–All Risk Policy

Home Insurance Claim process

Home Insurance Simplified

Home Insurance Cover

LoginUser

Create a Profile With Us to Unlock New Benefits

  • Customised plans that grow with you
  • Proactive coverage for future milestones
  • Expert advice tailored to your profile
Download App

What Our Customers Say

Simple Process

Straightforward online travel insurance quote and price. Easy to pay and buy

alt

Madanmohan Govindarajulu

Chennai

5

11th Apr 2019

Convenient

Very user-friendly and convenient. Appreciate the Bajaj Allianz team a lot.

alt

Payal Nayak

Pune

4.8

15th Mar 2019

Affordable

Very nice service with an affordable premium for travel insurance.

alt

Kinjal Boghara

Mumbai

4.5

5th Mar 2019

User Friendly

Quick, easy, and user-friendly process to buy travel insurance.

alt

Abhijeet Doiphode

Pune

4.5

6th Feb 2019

Customer Support

Very prompt and professional service. I am pleased with the customer service team at Bajaj Allianz.

alt

Ushaben Pipalia

Ahmedabad

5

31st Jan 2019

Quick Assistance

I am highly impressed by the efficiency of the Bajaj Allianz call centre executive who helped me with my travel insurance.

alt

Paromik Bhattacharyya

Kolkata

5

25th Dec 2018

What’s in it for you?

Covers your home against loss from fire, burglary and natural calamities

Cover for jewellery, valuables, works of art

Coverage term options from 1 day to 5 years

 

WHAT IS HOME INSURANCE PREMIUM CALCULATOR?

So the home is bought, the furniture is set and you have somehow managed to get the perfect wallpaper too! It sounds like a dream and congratulations are surely in order. Along with the congratulations, however, we would like to give you a little advice too.

You’ve purchased one of your biggest assets – your dream home and it needs a financial cushion against mishaps. Home Insurance can be that cushion. Although the idea of having insurance can be a pleasant one, calculating the premium can be a daunting task! If these calculations are keeping you away from getting Home Insurance, sit back and relax! The Home Insurance Premium Calculator by Bajaj Allianz is at your service.

As the name suggests, a Home Insurance Premium Calculator is an online tool that allows you to instantly calculate the applicable premiums on your Home Insurance. Simple, quick and efficient; our Home Insurance India Premium Calculator gives you the estimates under 10 seconds!

ADVANTAGES OF OUR HOME INSURANCE CALCULATOR

We believe when it comes to calculating premiums for something as important as Home Insurance, the calculator must be simple and efficient. A simple design coupled with an intuitive interface, our Home Insurance Calculator:

  • Is Easy to Use

    Since simplicity is the ultimate sophistication, our Home Insurance Calculator is simple quick. Finding out your premium is as easy as visiting our page, opening the calculator and filling in your details. You will be able to find out the premium amount within minutes! 

  • Calculates Premiums for Rented and Owned Property

    Whether it is rented or owned, your home is always special. That is why the same calculator can be used for evaluating the premium for both rented and owned properties.

  • Figures out Premiums for Insuring Building, its Content or Both

    Our Home Insurance Premium Calculator gives you a holistic view of the applicable premium on your property. You can choose to calculate the premium amount to be paid when insuring a building, or its contents or both. 

     

WHAT DICTATES MY HOME INSURANCE PREMIUM? 

A host of factors dictate the final cost of your Home Insurance premium. Whether you are a new homeowner or getting premium for your ancestral house; whether you live on the hills or on the coast; whether you are an art collector or a gadget freak; all of these things come into consideration when calculating your premium.

●        Location

Homes built on prime locations have a higher insurance premium. A prime location can be defined by its proximity to schools, hospitals, etc., its connectivity and rate of the land amongst other things. Another factor which can determine the rate of the insurance premium is the risk of natural calamities. The more the risk, the higher is the premium.

●        Age and Construction Materials

Just like an older body is more vulnerable to ailments, an older home becomes more susceptible to damage, shooting up the premium amount. Apart from age, the materials used in building the house also affect the amount of the premium.

●        Contents of Your Home

Not only the home but the contents of the home also factor in when determining the price of your premium. If your home is decked with expensive paintings and sculptures or you have gold and diamond jewellery lying in your locker, it can raise the value of your Home Insurance premium. 

DETAILS REQUIRED FOR CALCULATING HOME INSURANCE PREMIUM

Bajaj Allianz’s Home Insurance Premium Calculator is designed to make the calculation process easy and smooth and therefore, does not require many details. You do not have to waste time rummaging through heaps of documents and filling in endless details.

  • Calculating Premiums for Rented Properties

    When calculating premiums for rented properties which require protection only for the contents, all you need to do is put in the total value of your belongings and jewellery. The calculator will give you the results within seconds. 

  • Calculating Premiums for Owned Properties

    The premium for owned properties is calculated in a slightly different manner. With owned properties, both the structure and its contents are brought into consideration. You need to fill in:

    1.       Building’s age

    2.       The variant chosen for structural cover – Agreed Value, Reinstatement Value, Indemnity Basis

    3.       Value of jewellery or house contents

    Apart from these details, you need to provide your personal information like name, mobile number, and email id when calculating. 

  • Figures out Premiums for Insuring Building, its Content or Both

    Our Home Insurance Premium Calculator gives you a holistic view of the applicable premium on your property. You can choose to calculate the premium amount to be paid when insuring a building, or its contents or both. 

     

FAQ's

What is a home insurance policy?

A home insurance policy protects homeowners from financial losses related to damage or destruction of their property and its contents.

Can I get an insurance policy for my home?

Yes, home insurance policies are widely available. However, the availability and specific types of coverage can vary depending on your location and the characteristics of your home.

What is the cost of home insurance policy?

The cost of a home insurance policy varies significantly based on factors such as the home's location, size, age, construction materials, coverage limits, and deductible amount.

What is My Home Insurance?

Your dream home deserves to be protected. Our My Home Insurance policy is a very affordable financial tool designed to cover your home and its contents against natural and man-made calamities such as earthquakes, floods, fire, theft, burglaries and any other risks it might be prone to.

What is property insurance?

Property insurance is a policy offered to homeowners who wish to cover their property structure as well as its contents, which will protect them against financial losses caused due to incidents such as fire, burglary, flood, theft, etc. You can also cover only the contents of the house that you have rented for living purposes.

What documents do I need to get a home insurance policy?

Home insurance can be obtained by providing basic information about your property, including its address, age, square footage, and construction details. Some insurance providers may also require documentation related to the home's value, such as an appraisal or purchase agreement. Check with the specific insurance provider for requirements.

What are common exclusions in home insurance policies?

Common exclusions often include damage from floods, earthquakes, wear and tear, mold, and certain types of water damage. It's crucial to review your policy documents to understand the specific exclusions that apply.

What is a home insurance policy?

A home insurance policy protects homeowners from financial losses related to damage or destruction of their property and its contents.

Can I get an insurance policy for my home?

Yes, home insurance policies are widely available. However, the availability and specific types of coverage can vary depending on your location and the characteristics of your home.

What is the cost of home insurance policy?

The cost of a home insurance policy varies significantly based on factors such as the home's location, size, age, construction materials, coverage limits, and deductible amount.

What documents do I need to get a home insurance policy?

Home insurance can be obtained by providing basic information about your property, including its address, age, square footage, and construction details. Some insurance providers may also require documentation related to the home's value, such as an appraisal or purchase agreement. Check with the specific insurance provider for requirements.

What are common exclusions in home insurance policies?

Common exclusions often include damage from floods, earthquakes, wear and tear, mold, and certain types of water damage. It's crucial to review your policy documents to understand the specific exclusions that apply.

How do I register my claim?

To initiate a claim, you must promptly notify your insurer. It is important to provide details such as the date and time of the incident, along with a summary of what happened. Quick reporting allows for a timely assessment and response to your claim.

What documents would I need to process my home insurance claim?

The documents required to raise a claim generally include your insurance policy, a detailed account of the incident, photographic or video evidence of the damage, and repair cost estimates. These documents help the insurer accurately evaluate the claim and determine the extent of the loss.

What is the claim settlement process under the home insurance?

The standard claim process involves reporting the incident, submitting all requested documentation, and undergoing an assessment by an insurance adjuster. Following the assessment, the insurer reviews the claim for approval. Upon approval, a settlement offer is presented by the insurer. This process ensures a fair evaluation of the claim.

How many times can I raise a claim on my home insurance policy?

While there is typically no fixed limit on the number of claims, frequent filings can influence your policy. Multiple claims within a short timeframe may lead to adjustments in your premiums. Insurance providers evaluate risk based on claim history, and consistent filings can indicate a higher risk profile, affecting future coverage.

What steps should I take immediately after my home is damaged?

Ensure the safety of everyone in your home. Take steps to prevent further damage, such as covering damaged roofs or windows. Document the damage with photos and videos. Contact your insurance company as soon as possible to report the claim.

Can I renew my home insurance policy?

Yes, home insurance policies can get renewed annually. Most insurers will offer renewal options, but it's essential to confirm with your specific provider.

How can I extend my home insurance plan?

Home insurance policies are generally renewed rather than extended. Contact your insurance provider before the policy's expiration date to initiate the renewal process.

What happens if my home insurance expires?

If your home insurance expires, your property will be uncovered. This means you would be financially responsible for any damages or losses that occur. It is recommended to ensure your policy is renewed before its expiration date to avoid a lapse in coverage.

What is the validity period of home insurance?

The validity period of home insurance is usually an year. However, some insurers may offer policies with different terms. Always confirm the validity period with your insurance provider when purchasing or renewing your policy.

Can I change my coverage level or add-ons at renewal?

In most cases, you can adjust your coverage level or add-ons at renewal. However, any changes may be subject to underwriting and approval by the insurance company.

PromoBanner

Why juggle policies when one App can do it all?

Download Caringly Yours App!

"" "" "" ""