Protect your home with Insurance @ just ₹18/month*
Compare and Save
Compare and save up to 25%**
Bank-approved policy copies
Bank-approved policy copies
No paperwork
No paperwork
Instant online policy issuance
Instant online policy issuance
Name

So that we know what to call you.

Name

We'll send your policy copy & important updates to this number.

View Free Quotes
What are you looking for?
View plans
By clicking on "" you agree to our Privacy Policy & Terms of Use
Get Updates on WhatsApp
Only Policybazaar certified experts will assist you

Does Home Insurance Cover for Fire?

It is one of the biggest dreams of a person’s life to own a home. It does not come easy because it takes a lot of time, sweat, money and hard work to build the home of your dreams. Owning a home comes with a responsibility to keep it safe and protected. This is where the role of a home insurance policy begins. A home insurance policy provides coverage to the structure and the contents of the home in case of theft, burglary, natural calamity, fire and many other cases.

Hence, it becomes necessary for you to have a home insurance policy. If you live in a secure area where, there are fewer chances of theft, burglary, or natural calamity, you should especially cross-check if your home insurance policy provides coverage for damage caused by fire. Fire accidents are very much unexpected and they can cause a lot of damage to your home and its contents. So, it is advised to get a home insurance policy that protects from fire. So, what does home insurance cover in case of damage caused by fire?

Coverage Provided in Home Insurance’s Fire Section

As mentioned above, the home insurance policy provides coverage for two things, the building structure and the contents of your home. There are some other situations covered under the home insurance’s fire section. They are as follows:

Fire & Lighting

Since the whole idea of a home insurance policy is based on that one chance when an insured gets unlucky and have to face the repercussions of an unlikely event such as fire break out or fire that is caused by lighting which can happen once in the millionth time, home insurance policy provides coverage for that as well. However, it does not provide coverage if the damage is done by the policyholder itself. For example, Fermentation, Combustion, etc. Also, if the property has been burnt down by an order of the public government authority will not be covered.

Implosions & Explosions

Explosion or Implosion both will be covered under a home insurance policy. However, if any vessel or utensil that releases steam and machinery that functions on centrifugal force and there is a separate plan for these kinds of risks.

Personal Liability

Personal liability coverage is a kind of coverage that your home insurance policy provides when the fire spread out to your neighbor’s home, in that case, you will be held liable and the personal liability coverage can help you settle for the expense and damage caused to your neighbor’s property.

Covers for Relocation Expense

When your home catches fire and everything has been burnt down and you have to look for a separate accommodation like in a hotel or a rented flat. The home insurance policy provides for additional financial burdens of relocation, rental expenses, food, and even laundry.

Since this is not enough, there is an option available for the buyers to purchase a separate fire insurance policy to get comprehensive coverage of the damages that fire can cause.

Fire Insurance for Home

Fire accidents can cause heavy damage to your house. Even though, houses in India are made of concrete fire can always damage your wall paints, valuable contents like sofa, dining table, etc. Most of the time short circuit causes fire that ends up damaging almost everything. So, why not purchase a separate fire insurance plan that can provide comprehensive coverage to your home and its contents. Let us tell you the types of fire insurance available in the market.

Types of Fire Insurance

Here are the following types of fire insurance that would provide coverage to your home against damage caused by fire.

Specific Policy

A specified sum insured is decided for a specific property. There is compensation provided to the insured in case of any loss.

Comprehensive policy

It provides coverage for robbery, burglary as well as for the damages caused by fire.

Valued Policy

According to a particular property value, the insurer pays for the damage caused to that particular valued item.

Replacement Policy

After calculating the depreciation value of the damaged property by fire, the amount that comes out is compensated by the insurer.

Fire Insurance Coverage

Let us have a look at the coverage fire insurance provides apart from damage caused by Fire.

Explosion

The fire insurance policy covers for any kind of destruction that has been caused by fire explosions.

Damage By Aircraft

This is rare but if you live in a location where is a free fly zone then in case of any damage caused by an aircraft, for instance, items dropped by plane, airborne device, etc. will be covered under this policy.

Terrorist Activity, Riots/Strike

Any physical damage done by the terrorist or rioters or any fear of monger action will be secured under this plan.

Natural Calamity

Any damage caused by natural calamities like a thunderstorm is covered under this policy. If you live in a hill station and they are prone to landslide is also covered.

Bursting Overflow of Water Tank

If the home gets damaged due to the bursting of the water tank is also covered under this policy.

Bush Fire

It is highly unlikely but if your home has an overgrown bush or plant that catches fire and end-up damaging the home will also be covered under this policy.

Conclusion

Your home is the biggest asset of yours. You work hard and put all your savings to build it. Getting your home secured with home insurance is the best decision you would make because it will protect your home in case of any kind of damage. Although the home insurance does not provide comprehensive coverage in case of damage caused by fire, so it is advised by the insurance experts to purchase a separate fire insurance plan that could cover your home from any unexpected damage caused by fire. It is also recommended to purchase your plan online after doing proper research and make sure that you buy a comprehensive plan.

Written By: PolicyBazaar - Updated: 19 October 2024
Disclaimer:The list mentioned is according to the alphabetical order of the insurance companies. Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. This list of plans listed here comprise of insurance products offered by all the insurance partners of Policybazaar. For complete list of insurers in India refer to the Insurance Regulatory and Development Authority of India website www.irdai.gov.in
Home Insurance Articles
Buying your dream house can be one of your most significant investments in life, for which you might avail of...Read more
21 Sep 2023 by Policybazaar 7041 Views
Purchasing a home is one of the most financially sound decisions one can make. Any decision taken in a hurry might...Read more
07 Feb 2024 by Policybazaar 2461 Views
Housing society insurance is a one-stop solution for all residential societies against unforeseen damage caused by...Read more
14 Feb 2024 by Policybazaar 2536 Views
Common Inclusions and Exclusions of Home Insurance Policy In India, several insurance companies are offering various...Read more
05 Apr 2022 by Policybazaar 3095 Views
Owning your dream house is one of the significant milestones in a lifetime. Remember, your home is not merely a...Read more
30 Jan 2024 by Policybazaar 2029 Views
Buying a home is the dream of all, and if you are among those who have one should protect it and its contents...Read more
08 Jul 2021 by Policybazaar 2964 Views
Natural and man-made threats like floods and theft aren’t uncommon in India; causing a serious setback to your...Read more
28 Feb 2022 by Policybazaar 1714 Views
A home insurance policy plays a significant role in insuring the structure of your house,supporting structure, the...Read more
21 Apr 2022 by Policybazaar 3007 Views
A sum insured in home insurance refers to the maximum payout amount an insurance company agrees to pay in the...Read more
18 Apr 2024 by Policybazaar 1328 Views
In home insurance, it is essential to know the differences between two major aspects: Loss of Rent Cover and Rent...Read more
16 Apr 2024 by Policybazaar 1133 Views
Personal Accident (PA) Cover is an add-on cover provided by Bharat Griha Raksha Policy to the policyholder and...Read more
05 Jun 2024 by Policybazaar 854 Views
Having a home of their own is a significant milestone in one's life. However, with the rapidly increasing prices...Read more
15 Feb 2024 by Policybazaar 1244 Views
Valuable Content Cover is an optional or add-on cover offered by Bharat Griha Raksha Policy to provide...Read more
05 Jun 2024 by Policybazaar 1134 Views
Loss of Rent (LOR) coverage is a significant feature of a home insurance policy for landlords. This additional...Read more
09 May 2024 by Policybazaar 1127 Views
The real estate market might be booming at a time or facing a dip at others – but what remains true at all times...Read more
08 Feb 2022 by Policybazaar 2729 Views
Valuable Content Cover is an optional or add-on cover offered by...Read more
05 Jun 2024 by Policybazaar 1134 Views
Personal Accident (PA) Cover is an add-on cover provided by...Read more
05 Jun 2024 by Policybazaar 854 Views
Loss of Rent (LOR) coverage is a significant feature of a home...Read more
09 May 2024 by Policybazaar 1127 Views
A sum insured in home insurance refers to the maximum payout...Read more
18 Apr 2024 by Policybazaar 1328 Views
In home insurance, it is essential to know the differences...Read more
16 Apr 2024 by Policybazaar 1133 Views
Having a home of their own is a significant milestone in one's...Read more
15 Feb 2024 by Policybazaar 1244 Views
Housing society insurance is a one-stop solution for all...Read more
14 Feb 2024 by Policybazaar 2536 Views
Purchasing a home is one of the most financially sound decisions...Read more
07 Feb 2024 by Policybazaar 2461 Views
Owning your dream house is one of the significant milestones in...Read more
30 Jan 2024 by Policybazaar 2029 Views
Getting home insurance is like giving your house a financial...Read more
05 Jan 2024 by Policybazaar 937 Views
Buying your dream house can be one of your most significant...Read more
21 Sep 2023 by Policybazaar 7041 Views
Have you ever wondered if the color of your room affects your...Read more
02 Mar 2023 by Policybazaar 2168 Views
Vastu Shastra refers to the science of architecture. It uses...Read more
28 Feb 2023 by Policybazaar 2046 Views
Bharat Griha Raksha Policy is a standard home insurance policy...Read more
27 Feb 2023 by Policybazaar 17 Views
The majority of the population in India does not understand the...Read more
17 Jan 2023 by Policybazaar 1881 Views

Reviews & Ratings

4.7 / 5 (Based on 99 Reviews)
(Showing Newest 10 reviews)
Surendra
Delhi, February 05, 2025
Good Price
I had purchased Bajaj Allianz home insurance, and when there was damage to home equipment due to an electric spark, these damages were covered by the insurance. Got insurance at a good price.
Naresh
Muzaffarnagar, February 02, 2025
Best Deal
I never thought home insurance could be affordable. With Policybazaar, I could compare multiple insurance plans on a single platform. I am glad I got the best insurance plan at a very good deal.
Nalin
Begusarai, January 30, 2025
Easy Renewal
I renewed my home insurance through Policybazaar. Initially, I was unsatisfied with my previous insurer, but my experience with Policybazaar has been good. Very satisfied with their services.
Abhimanyu
Gridi, January 29, 2025
Good Experience
PolicyBazaar has made comparing policies easy, and its agent explained the features clearly. Really happy with my experience of getting a home insurance policy.
Prateek
Patna, January 27, 2025
Expenses Covered
With HDFC ERGO home insurance, I could cover my expenses when our building caught fire. Luckily, no one was hurt.
Dhruv
Jamshedpu, January 24, 2025
Easy Process
Thank you, Policybazaar, for helping me to get the claim approved for my home insurance. Your process was very easy.
Vihan
Etawa, January 21, 2025
Big Help
I had purchased a new flat by taking a home loan. However, after paying the second EMI, there were some issues with the water pipeline, and it burst. The house's walls were damaged, and home insurance through Policybazaar helped me get a claim for my loss.
Ishaan
Lucknow, January 20, 2025
Stress-free process
Exploring different home insurance options felt overwhelming, but PolicyBazaar simplified everything. Their platform helped me compare plans quickly. The team answered all my queries, making the process stress-free.
Kshitiz
Lucknow, January 18, 2025
Easy Process
Thank you, Policybazaar, for helping me to get the claim approved for my home insurance. Your process was very easy.
Rahul
Patna, January 17, 2025
Stress-free process
Exploring different home insurance options felt overwhelming, but PolicyBazaar simplified everything. Their platform helped me compare plans quickly. The team answered all my queries, making the process stress-free.
  • Disclaimers+

    #Savings of 28% are based on the comparison between the highest and lowest premiums for a pucca building with sum insured of >₹ 1 crore at Delhi, for property age less than 5 years and policy term of 11 years.

top