{"id":349,"date":"2019-04-21T09:56:18","date_gmt":"2019-04-21T09:56:18","guid":{"rendered":"https:\/\/www.covermatch.com\/guide\/?p=349"},"modified":"2019-05-17T11:45:24","modified_gmt":"2019-05-17T11:45:24","slug":"7-things-you-need-to-know-about-home-insurance-policy","status":"publish","type":"post","link":"https:\/\/www.covermatch.com\/guide\/7-things-you-need-to-know-about-home-insurance-policy\/","title":{"rendered":"7 things you need to know about Home Insurance policy"},"content":{"rendered":"<p>Be safe than sorry; make sure you&#8217;re covered! A home of your own is the culmination of many years of toil from your side. It\u2019s only natural that you want to protect it from any harm. Even though UAE is considered a safe haven from fire, theft, earthquakes or floods \u2013 it is still happening over the years. Many homeowners are now considering buying <a href=\"https:\/\/www.covermatch.com\/home-insurance\"><strong>home insurance in UAE<\/strong><\/a>.<\/p>\n<p><span style=\"font-weight: 400;\">Many expats in UAE leave their homes unattended for extended periods &amp; there is a possibility of water damage, theft etc. If there is no <strong>home insurance<\/strong>, residents will have to take up the burden of paying the expenses of rebuilding and replacing damaged items or even replacing damage to the contents and decor.<br \/>\n<\/span><\/p>\n<h2><span style=\"font-weight: 400;\"><br \/>\n<span style=\"color: #333399;\"><b>Understanding home Insurance &#8211; a guide<\/b><\/span><\/span><\/h2>\n<p>&nbsp;<\/p>\n<h2><span style=\"color: #ff6600;\">Home contents &amp; personal possessions insurance &#8211; the difference<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">If you are living on rented premises you will need home contents and personal possessions insurance.<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\"><strong>Home contents insurance covers:<\/strong> \u00a0Things that exist in the home &#8211; Appliances, furniture, and fine art<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\"><strong>Personal possessions insurance covers:<\/strong> \u00a0Valuables carried outside the home like electronics and jewelry.<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Renters can avail home contents and personal possessions insurance. On the other hand, it is the landlord\u2019s responsibility to have an active building insurance policy on the apartment or villa itself.<\/span><\/p>\n<h2><span style=\"color: #ff6600;\">Budgeting Home Insurance<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Building insurance is exceptionally cost effective when compared with vehicle insurance! Make a rough estimate of the value of your possessions and contents before you request a quote. Please take care not to overestimate or undervalue your home.<\/span><\/p>\n<h2><span style=\"color: #ff6600;\">Excluding the price of land<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Generally, people make the mistake of including the price of land when calculating <strong>home insurance<\/strong>. This will result in over-estimating and will cost more on insurance premiums.<\/span><\/p>\n<h2><span style=\"color: #ff6600;\">Common misconceptions<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Not everything in your house is covered by default in a <strong>home insurance plan<\/strong>. Valuable items like jewellery and art pieces are covered only if you have the personal belongings cover in your policy.<\/span><\/p>\n<h2><span style=\"color: #ff6600;\">Buying Home Insurance<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">There are many licensed insurance companies in the UAE offering <strong>home insurance plans<\/strong>. But, not all of them are alike. Carefully review the home insurance covers &amp; read the detailed policy wordings <\/span><i><span style=\"font-weight: 400;\">before<\/span><\/i><span style=\"font-weight: 400;\"> you sign up. Also enquire about the documents needed to file a claim.<\/span><\/p>\n<h2><span style=\"color: #ff6600;\">Use discounts &amp; offers<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Check for maximum benefits or special discounts when choosing a<strong> home insurance plan<\/strong>.<\/span><\/p>\n<h2><span style=\"color: #ff6600;\">Policy invalidation<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">When you stake y<\/span><span style=\"font-weight: 400;\">our claim, it could be rejected in case you are leaving the house unoccupied for more than days stated in the policy; neglecting home maintenance; providing false facts while making a claim; not securing the house properly; not reporting theft to the police etc.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><a href=\"https:\/\/www.covermatch.com\/home-insurance\"><img decoding=\"async\" loading=\"lazy\" class=\"aligncenter size-full wp-image-245\" src=\"https:\/\/www.covermatch.com\/guide\/wp-content\/uploads\/2019\/03\/insurance-dubai-uae.jpg\" alt=\"covermatch\" width=\"960\" height=\"421\" srcset=\"https:\/\/www.covermatch.com\/guide\/wp-content\/uploads\/2019\/03\/insurance-dubai-uae.jpg 960w, https:\/\/www.covermatch.com\/guide\/wp-content\/uploads\/2019\/03\/insurance-dubai-uae-300x132.jpg 300w, https:\/\/www.covermatch.com\/guide\/wp-content\/uploads\/2019\/03\/insurance-dubai-uae-768x337.jpg 768w, https:\/\/www.covermatch.com\/guide\/wp-content\/uploads\/2019\/03\/insurance-dubai-uae-360x158.jpg 360w\" sizes=\"(max-width: 960px) 100vw, 960px\" \/><\/a><\/p>\n<p>&nbsp;<\/p>\n<p>Search Terms :\u00a0\u00a0<a href=\"https:\/\/www.covermatch.com\/home-insurance\">Home Insurance Dubai<\/a>,\u00a0 <a href=\"https:\/\/www.covermatch.com\/home-insurance\">Home\u00a0Insurance\u00a0Abu Dhabi<\/a>, <a href=\"https:\/\/www.covermatch.com\/home-insurance\">Home\u00a0Insurance\u00a0Fujairah<\/a>, <a href=\"https:\/\/www.covermatch.com\/home-insurance\">Home\u00a0Insurance\u00a0Al Ain<\/a>, <a href=\"https:\/\/www.covermatch.com\/home-insurance\">Home\u00a0Insurance\u00a0Ras Al Khaimah<\/a>, <a href=\"https:\/\/www.covermatch.com\/home-insurance\">Home\u00a0Insurance\u00a0Umm Al Quwain<\/a>, <a href=\"https:\/\/www.covermatch.com\/home-insurance\">Home\u00a0Insurance\u00a0Sharjah<\/a>, <a href=\"https:\/\/www.covermatch.com\/home-insurance\">Home\u00a0Insurance\u00a0Ajman<\/a>, <a href=\"https:\/\/www.covermatch.com\/home-insurance\">Home\u00a0Insurance\u00a0UAE<\/a><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Be safe than sorry; make sure you&#8217;re covered! A home of your own is the culmination of many years of toil from your side. It\u2019s only natural that you want to protect it from any harm. Even though UAE is <a href=\"https:\/\/www.covermatch.com\/guide\/7-things-you-need-to-know-about-home-insurance-policy\/\" class=\"read-more\">Read More<\/a><\/p>\n","protected":false},"author":1,"featured_media":350,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[9,10,17,29],"tags":[],"_links":{"self":[{"href":"https:\/\/www.covermatch.com\/guide\/wp-json\/wp\/v2\/posts\/349"}],"collection":[{"href":"https:\/\/www.covermatch.com\/guide\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.covermatch.com\/guide\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.covermatch.com\/guide\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.covermatch.com\/guide\/wp-json\/wp\/v2\/comments?post=349"}],"version-history":[{"count":1,"href":"https:\/\/www.covermatch.com\/guide\/wp-json\/wp\/v2\/posts\/349\/revisions"}],"predecessor-version":[{"id":351,"href":"https:\/\/www.covermatch.com\/guide\/wp-json\/wp\/v2\/posts\/349\/revisions\/351"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.covermatch.com\/guide\/wp-json\/wp\/v2\/media\/350"}],"wp:attachment":[{"href":"https:\/\/www.covermatch.com\/guide\/wp-json\/wp\/v2\/media?parent=349"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.covermatch.com\/guide\/wp-json\/wp\/v2\/categories?post=349"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.covermatch.com\/guide\/wp-json\/wp\/v2\/tags?post=349"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}