- Is home insurance mandatory in the UAE? No, it's not mandatory, but highly recommended.
- What does home insurance typically not cover? Wear and tear, intentional damage, and specific natural disasters.
- What is content insurance? Also known as home content insurance. So basically, if your turn your house upside down, everything that falls out is your contents This type of cover pays for the cost to repair or replace any of your prized personal possessions that you keep in your home. If they are stolen or damaged by some kind of risk, like a burst water pipe or rain.
- What is an example of home contents and what will be covered?: Your furniture, fridge, clothes, kitchen appliances, gadgets, jewelry etc. Basically, if it isn’t nailed down, it's usually covered by this policy.
- How does home content insurance work?: Home contents insurance protects your belongings. If your items are stolen, damaged, or lost, we'll compensate you. However, there are a few things to keep in mind. First, you'll need to pay a small upfront fee called an excess. Second, it's crucial to insure your belongings for their full value. If you underinsure, we'll only cover a portion of the claim. For instance, if your items are worth AED40,000 but you only insured them for AED20,000, we'll only pay half the claim amount.
- Can I customize my coverage? A: Absolutely! Our policies are flexible, allowing you to upgrade and tailor your coverage to fit your specific needs.
- What isn't covered by home insurance? A: General wear and tear, damage from pests, and items taken outside without portable possessions cover are typically not covered.