Home Insurance 101

UAE has been ranked number one country in the world with the least amount of crimes related to theft. That is why 98.6% of UAE residents feel secure and enjoy living here for years. For some expats who have considered UAE as their second home, it can be devastating to be left with nothing if an accident or natural calamity damages their property and valuable items.

This is where a home insurance plays a vital role in a Dubai Real Estate property.

Your house and all things in it could be the most expensive investment that you will ever have in your entire life and it is only logical to get it insured. In cases of theft, fire, flood, earthquake and other natural calamities, a homeowner’s insurance policy can cover your loss and damage on the following:
  • Physical premises of your home
  • Home contents – furniture, household goods and appliances
  • Personal belongings – electronic devices, jewelry and other gadgets
A home insurance is beneficial to owners of a Freehold property in Dubai. It can help you recover fast after a costly natural or man-made calamity and pay for the expenses of rebuilding your home, replacing damaged items, and repairing the contents of your property. If you are a landlord, you can tailor-fit and add a policy to cover your loss of rent while the property is damaged. Depending on the policy, homeowners can stay in an alternative accommodation while repairs are being done in the property.

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