Home insurance, or house-owner/householder insurance as it is also known, is important, and you should purchase one.
Be it a humble hut or a bungalow, rented or owned, it is advisable to insure your house and belongings to guard against unforeseen risks.
In addition to protecting your home, the typical home insurance covers your valuable personal property as well. Your personal property could consist of your furniture, clothing, stereo, computer equipment, jewelry etc.
The amount of cover of home insurance in India depends on the total cost of the construction of the house and the value of the assets available in the house.
Securing your life, health and car is very important, but choosing your home insurance policy is of utmost important too, as you have your whole and sole earnings invested in it.