Home Insurance For Owners

Home Insurance For Owners

We all know that for most Indians, buying their own home has been a long-cherished dream. But what they fail to realize is that once they've made their dream come true, they need to secure it too. With HDFC ERGO Home Shield Insurance for Owners, you can live peacefully knowing that if your home or belongings are ever in danger, we're ready with a shield to protect them for you.

Reasons to buy HDFC ERGO Home Insurance

Short Stay? Long Benefits
Worried your home insurance will go waste? Our insurance plans provide the flexibility to choose an insurance tenure depending on your requirements. It starts from 1 year and goes upto 5 years.

Enjoy upto *45% Discounts
This one is for those who search for value in everything! With HDFC ERGO renters home insurance, you get numerous discounts security discount, salaried discount, intercom discount, long-term discount, etc.

Contents covered upto Rs. 25 lakhs
Things you own are just material property. They carry memories and irreplaceable sentimental value. HDFC ERGO gives you the option to cover all your possessions ( up to Rs. 25 lakhs) without sharing any specified list of home belongings.

Portable Electronics Covered
Ever wondered what life would like without your electronic gadgets? We would want you to go down that lane. Whether it is your laptop with decades of memories and valuable information or any other electronic equipment, insure them with HDFC ERGO Home Insurance. Stay worry-free!

What's Included?
Fire
Your home is a literal brick-and-mortar manifestation of your dreams. Protect your dreams against any damage due to fire.

Burglary & Theft
It's distressing to even think about your house getting broken into. Stay peaceful by insuring your possessions against theft/burglary.

Electrical Breakdown
Breakdown of appliances can disrupt everyday life and come at a cost. Insure them to avoid sudden expenses.

Natural Calamities
Did you know that 68% of India's land is prone to drought, 60% to earthquakes, 12% to flood, and 8% to cyclones? You can't Read More...

Manmade Hazards
Troubled times can affect your home as well as your peace of mind. Keep it secure against strikes, riots, terrorism, and malicious acts.

Accidental Damage
Just spent a fortune on fixtures and sanitary fittings? Stay worry-free by securing them against accidental damage.

Alternate Accommodation
Get shifting expenses, rent for alternative/hotel accommodation, emergency purchases, and brokerage in case....

What's Not Included?
War
Loss and/ or damages arising out of situations such as war, invasion, act of foreign enemy, hostile. are not covered.

Precious collectibles
Loss of bullions, stamps, work of art, coins etc. will not be covered.

Old Content
We understand that all your precious possessions hold emotional value but anything that's over 10 years old will not be covered.

Consequential Loss
Consequential losses are losses that are not the natural result of the breach in the usual course of things, such losses remains uncovered

Willful Misconduct
We ensure that your unforseen losses are covered, however if there's any case of willfully done damage to your property, that remains completely out of the coverage scope of policy.

Third party construction loss
Any damage caused to your property due to third party construction is not covered.

Wear & Tear
Your home insurance does not cover usual wear and tear or maintenance/renovation.

Cost of land
Under circumstances this policy shall not cover the cost of land.

Under construction
Home insurance cover is for your home where you reside any under construction property will not be covered.

ADD ON COVERS
Portable Electronic Equipment Cover
Secure your electronic gadgets even when you are on the move.
This cover gives you coverage for all portable electronics such as laptop, camera, binoculars, musical equipments; sports gear any other specified item of portable nature. This policy does not cover equipments that are over 10 years old. Suppose you go on a vacation and your camera gets accidentally damaged, we shall cover against this loss of camera however it should not be an intentional damage. Policy excess and deductible should be applicable however that's nominal.

Jewellery & Valuables
Now, your precious jewellery is protected against any risk of theft
Jewellery and valuables refer to ornaments or articles made of gold or silver or any precious metal including diamonds as well as sculptures and watches. This add on cover can be opted for maximum upto 20% of your Home Content (Belongings) sum insured. The loss of your jewellery & valuable would be covered on the basis of the prevailing market value
In case your content sum insured is Rs 5 lac you can secure your jewellery and valuables upto 1 lac. Imagine in your absence there is a theft incident at your home and you end up losing your precious insured jewellery Under such scenario you would be required to submit we the original invoice of the jewellery lost to process the claims. Excess and deductible to be applied.

Pedal Cycle
Cover your pedal cycle upto Rs. 5 lacs
Under this cover we insure losses to static exercise cycle as well as your pedal cycle with or without gear. It covers losses caused by fire, calamities, theft and accidents. We protect any third party liability to a person or property caused by your insured pedal cycle. However, exclusively if your pedal cycle's tyres only are stolen or damaged it remains uncovered.
How does it work?: On your next cycling expedition due to road accident your cycle is damaged beyond repair leading to total loss, under such situation we will cover the losses. Additionally, if a third party person gets injured due to the accident caused by insured cycle then we shall cover for the third party claim too. Excess and deductible to be applied.

Public Liability
Get a cover upto 50 lakhs for third party liabilities
This cover acts as a safety shield and protects the insured against claims related to third party accidental death, disability or bodily injuries. This does not include insured's residence employee or domestic staff. Similarly, it covers accidental damage to third party property too.
You have a neighbor visiting your home and he gets accidentally injured due to a major renovation that's been undertaken at insured's premises. We cover for the claims related to the third party's injury. Excess and deductible to be applied.

Terrorism Cover
Covers damage caused to your home due to terrorism
Due to a terrorist attack if your home structure/content gets destroyed we cover it

How does it Work?: Any damage caused to your home due to a terrorist attack gets covered. This damage could be both due to terrorists or protection squad by government's defense services.