Compare Home Insurance Quotes In Dubai & The UAE

Under Home Contents Insurance policy, only the contents within the physical boundary of your home are covered for loss or damage. Items outside of your home as well as portable items like cameras, laptops, mobile phones and sporting gear that you regularly carry outside your home are excluded. You can opt for the additional personal belongings cover for such items.

An ‘excess’ or ‘deductible’ is the amount the policy holder has to settle before the insurer compensates the remainder of the claim. The higher your excess amount or deductible, the lower will be your insurance premium. This is enforced so the insured will practice due diligence with respect to the upkeep of his property and take reasonable actions to prevent loss or damage from occurring. Claims are settled only when the excess amount or deductible has been paid by the insured.

Your Home Insurance will cover you while you are away from home only for a specified duration, as mentioned in your policy. Leaving the property vacant or unoccupied usually for 30-60 consecutive days not only disregards any claim, it could potentially void your insurance coverage. This is because unoccupied properties are at a greater risk of perils such as weather, theft, fire or vandalism.

The extent of Home Insurance cover you need depends on your geographic location, home size, additional structures like swimming pools and whether you are the end user. All these factors affect the type of risks your home is exposed to. While there is no rule of thumb when it comes to the coverage you must opt for, you are best judge of the living conditions in and around your location and can best decide the extent of coverage you need considering the risk factors involved.

The first and most immediate step in the claims process is to notify your insurance provider of the event in writing. The next step is to inform the police and your landlord and collect the report, evidence and all other documentation that your insurance company asks you to provide. These must be submitted along with the claims form to the insurance provider before the deadline mentioned in your policy wordings, usually within 30 days of the occurrence of loss or damage. Without proper documents and filing process, you may run the risk of getting your claim denied.