India Home Insurance Market By Size, Share and Forecast 2029 | TechSci Research

India Home Insurance Market is growing at a robust growth rate owing to emphasis on customer experience, rise in digital channels, and availability of different home insurance options. A home insurance policy typically covers the structure of the home, personal belongings inside the home, liability protection, and additional living expenses in case the homeowner is temporarily unable to live in their home due to a covered event.

Structural cover is referred to as dwelling coverage. It offers financial protection for the physical structure of house, which includes walls, roof, as well as foundation, from harm caused by covered occurrences like fire, storms, or vandalism.

Home content cover, also known as personal property coverage, provides financial protection for personal belongings inside the home, such as furniture, appliances, and electronics.

Fire cover is a type of coverage that specifically protects against damage caused by fire or smoke. This might involve damage to the house's structure as well as the personal belongings that are kept inside.

Company Profiles

The New India Assurance Co. Ltd., ICICI Lombard General Insurance Company Limited, HDFC ERGO General Insurance Co. Ltd, Bajaj Allianz General Insurance Company Limited, National Insurance Company Limited, The Oriental Insurance Company Ltd., SBI General Insurance Company Limited, United India Insurance Company Limited, Tata AIG General Insurance Company Limited, and Reliance General Insurance Company Limited are some of the major players in the India Home Insurance Market.
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