1. Home
2. Blogs

5 Reasons Why You Should Buy Home Insurance Policy this Gudi Padwa

• 
• 
• 
• 0
• 0

Gudi Padwa is considered to be auspicious; people wait for this occasion to start new ventures, buy gold and make big purchases. Apart from material investment, it is also a good day to invest in insurance, especially home insurance, as securing your owned asset is one of the best things to do on Gudi Padwa. A home insurance policy as it safeguards your property and provides coverage for the structure and its content. A home insurance policy will avoid loss of financial expenses due to unforeseen circumstances like flood, theft, fire, etc.

Now let us see at five reasons why you should buy an HDFC ERGO home insurance policy

1. Get Complete Home Protection

Our homes are vulnerable to natural calamities and various crimes. Natural disasters like earthquakes or floods, and even burglary and theft, may occur. These unwanted events can lead to huge losses and drain out years of your income. Home insurance covers all these circumstances and provides coverages for all these circumstances.

2. Security For Owners & Tenants

Natural calamities like floods, cyclones and other unforeseen events like fire, theft, etc., come unannounced. Fortunately, home insurance makes you prepared for any situation. Whether you’re a homeowner or a tenant, you’ll find a home insurance policy protecting your safe space. A home insurance policy also protects the content of the house.

3. Alternate Accommodation

When you are searching for a temporary roof over your head when your home is uninhabitable due to an insured peril, a home insurance policy will come in handy. With the alternative accommodation clause, you will get a temporary place to stay comfortably till your house is ready for the accommodation again.

4. Coverage for personal belongings

A home is not just four walls and a ceiling but everything you put inside it to lead a happy and comfortable life. This includes appliances like refrigerators, air conditioners, furniture, televisions, computers, and personal belongings such as jewellery and clothes. These costly items are at the risk of being stolen or damaged. Home insurance provides cover against the damage or theft of these personal belongings. In addition, HDFC ERGO offers optional cover for portable electronic equipment, jewellery, public liability, pedal cycle and terrorism.

5. Cover against damages caused by fire

Decorative lights, candles, firecrackers are relatively common in Indian homes. The most common reason for fires in Indian homes is the failure of an electrical circuit, which is overburdened plug points. Besides this, there is also the danger of candles falling and starting a fire. This can lead to heavy damage to the contents of your home. Therefore, secure your home against damages caused by the fire with a comprehensive home insurance policy.

Conclusion

This Gudi Padwa, it is advisable to invest in a home insurance policy to safeguard your home, your most valuable owned asset. Buying a home is a milestone achievement for most people in our nation. People invest their years of income to buy a residential property by buying a home insurance policy. Therefore, you can avoid loss of financial expenses that might incur due to any unforeseen events. You can buy HDFC ERGO home insurance online with a secured payment mode and avail discount of up to 45% on premium.

Disclaimer: The above information is for illustrative purpose only. For more details, please refer to policy wordings and prospectus before concluding the sales.

RELATED ARTICLES

Do You Need Home Insurance?

10 Reasons to Review Your Homeowners’ Insurance Policy and Make the Most of It

What is the Importance of Home Insurance for Renters?

---

• 
• 
• 
•