Home Shield Insurance

The coverage of the Home Shield policy depends on your preference. If you are a tenant you can go for protection of the contents of the house. However, if you are a homeowner, you can go with the coverage for the structure/ building or the contents or both.

As a policyholder, you will be required to pay your premium to continue with the coverage. With the Home Shield Policy, you can choose a multi-year policy of up to 5 years and save yourself from the hassle of yearly renewal. Buying multi-year house shield insurance can also get you a premium discount of up to 12%. home secured with our home shield insurance plan. Click here to check premium rates.

A tenant or a house owner are both eligible to invest in the Home Shield plan. You might live in a bungalow, a flat, an apartment, or a villa, and you have the freedom to buy coverage for the building, contents, or both.

Typically, the term of the Home Shield policy is one year. However, with HDFC ERGO, you can choose a multi-year policy of up to 5 years.

The sum insured under the Home Shield policy depends on the value of your house or the contents you wish to insure.

There are several reasons that your request for Home Shield policy renewal might be rejected. If you have not paid your premium timely, you have provided false information about the house, have raised a false claim, or have caused intentional damage to the insured items; the insurance company may reject your renewal application.

When it comes to having comprehensive house insurance, HDFC ERGO is one of the best choices for homeowners as well as tenants. It depends on the policy buyer to choose the policy that best suits their needs. So, the best home insurance may differ for different people.

Home Shield Insurance is a comprehensive building insurance and offers a wide range of coverage for not just the home but contents inside it as well. On the other hand BGR is a standard policy. The premium of the policy depends on the extent of coverage you opt for.

The maximum period of time till you can get your home insured is 5 years.

Yes. For a multi-year home insurance plan, you need to pay the premiums for the total tenure in advance. You can check the premium payment terms with the insurance company at the time of purchasing the policy.

The start date of the home insurance policy is mentioned in the policy documents. Usually, the policy issuance date is the start date of the policy. In case your home is under construction, the policy start date will be the possession date of the home.

Anyone who is willing to insure their home can purchase home shield insurance. Homeowners as well as tenants can invest in it.

Yes. You can purchase the home shield insurance online without any hassle. On the official website of HDFC ERGO, you can choose the plan. Fill and submit the form along with required documents and make the payment to complete the online purchase process. For any query or help, you may contact HDFC ERGO and an executive will guide you through the steps.

Buying a long-term or multi-year policy saves you from the trouble of annual renewals. Apart from this, you can also get discounts on the premium. A 2-year policy gets you a discount of 3%, while a 5-year policy can get you 12% off.