1 / 13

What Is the Cost of Property Insurance

Explore the cost of property insurance in India for homes, flats, and commercial properties. Learn about home insurance, building insurance, house insurance policies, property insurance for home loans, factors affecting premiums, coverage types, and tips to choose the best insurance plan. Includes FAQs and online calculation tips.

Raviii
Download Presentation

What Is the Cost of Property Insurance

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript


  1. WHAT IS THE COST OF PROPERTY INSURANCE? Presented by: Investkraft

  2. INTRODUCTION Property insurance protects your home, flat, or commercial property from risks. Covers fire, theft, natural disasters, and accidental damages. Essential for homeowners, landlords, and property buyers with loans

  3. WHY PROPERTY INSURANCE MATTERS Protects financial investment in property Ensures peace of mind for homeowners Recommended for home loans Covers unexpected risks like fire, flood, burglary, and structural damage

  4. DIGITAL HEALTHCARE & TELEMEDICINE Unlimited teleconsultations Digital OPD & prescriptions Wellness coaching & fitness tracking Available via ICICI Lombard Health Care app

  5. TYPES OF PROPERTY INSURANCE Home Insurance / House Insurance Policy – Covers structure & contents Building Insurance – Covers the entire building structure Flat Insurance – For apartment owners Commercial Property Insurance – Shops, offices, warehouses Property Insurance for Home Loan – Bank-recommended for loan security

  6. FACTORS AFFECTING PROPERTY INSURANCE COST Type of property (house, flat, commercial) Built-up area & sum insured Location (flood, earthquake, metro vs rural) Construction material & age of property Coverage type & add-ons (theft, natural disasters, appliance cover)

  7. AVERAGE COST OF PROPERTY INSURANCE IN INDIA 1BHK home: ₹800–₹1,500/year 2BHK home: ₹1,500–₹2,500/year 3BHK home: ₹2,500–₹4,500/year Luxury apartments/high-rise: ₹5,000+ Premium varies based on property value, location, and coverage

  8. WHAT PROPERTY INSURANCE COVERS Fire, lightning, explosion Earthquake, flood, storm Burglary & theft Riot & malicious damage Structural collapse, water leakage, electrical breakdown Alternate accommodation & loss of rent

  9. WHAT PROPERTY INSURANCE DOES NOT COVER Intentional damage or negligence Wear & tear or aging War, nuclear risks Unauthorized construction Undeclared cash loss Short-circuit damage without fire

  10. TIPS TO CHOOSE BEST HOME INSURANCE High coverage & reasonable premium Comprehensive coverage including natural disasters & theft High claim settlement ratio Online buying & renewal for convenience Check reviews and insurer reputation

  11. BENEFITS OF BUYING ONLINE Quick comparison & transparency Instant policy issuance Lower premium & digital tools Easy claims & minimal paperwork Access to calculators and add-on customization

  12. CONCLUSION Property insurance protects your most valuable investment Cost depends on property type, location, coverage, and add-ons Online tools like home loan insurance calculators simplify premium estimation Choose wisely for comprehensive protection Explore plans: investkraft.com

  13. THANK YOU

More Related