Home insurance in Jodhpur, for your house or flat and what is inside it

What home insurance covers

A home policy protects two different things, and you can often choose one or both.

• The building. The walls, roof, floors, fixtures and fittings of your house or flat, against the events the policy names, such as fire, lightning, explosion, storm and flood.
• The contents. Furniture, appliances, clothes and other belongings inside the home, against damage or loss from the events the policy names.

Which events are named, and which are left out, differs from policy to policy. Theft, for example, is covered in some policies and offered as an add-on in others. We read the wording with you before you pay, because that is where the surprises are.

What is the Bharat Griha Raksha policy?

Bharat Griha Raksha is a standard home insurance policy designed by the insurance regulator, IRDAI. Since April 2021, every general insurer in India has had to offer it. It covers the building and the contents of a home against fire and allied perils, with a basic cover for contents built in.

Because the base policy is standardised, the wording is broadly the same from one insurer to the next, and the differences that matter are the add-ons, the price and how the insurer treats claims. That makes it a useful starting point for comparing. Some insurers also sell their own home policies with broader cover. We show you both and tell you which we would pick.

Owner or tenant: what do you need?

• You own an independent house. You usually want building cover and contents cover.
• You own a flat. The building's common structure is often handled by the society, so the cover that matters to you is for your flat's interiors and your contents. We help you work out where the society's responsibility ends and yours begins.
• You rent. You do not own the building, so the useful cover is for your own belongings.

Get the sum insured right

For the building, the sum insured should reflect what it would cost to rebuild, not what the property would sell for. The land is not insured, and market prices in a good neighbourhood can be far above the cost of construction. For contents, add up what it would cost to replace what you own. If the sum insured is too low, the insurer can reduce a claim in the same proportion, even for a small loss. This is called the average clause, and it is the most common home insurance mistake.

Do you need it if you have a home loan?

Home insurance is not compulsory for homeowners in general, but a lender may ask you to insure the property it has lent against. Check your sanction letter. Even when the lender does not ask, cover on the building protects your own money: the loan EMI continues after a fire or a flood, whether or not the house is standing.

How we work

1. Tell us about the home. Owned or rented, house or flat, how old it is, and what you want protected.
2. We compare. We put suitable policies from our insurers side by side, including Bharat Griha Raksha. Premiums and cover limits come from each insurer's own quotation, never from us.
3. You decide. We explain our pick and the trade-offs. You choose, or you walk away.
4. We stay on. Renewal reminders, changes to the policy, and help with the paperwork if you claim.

Radiant Group is an advisory intermediary: we place policies from the insurers on our Partners page. We are not an insurer, and an insurer, not us, decides every claim. You pay us nothing. The insurer pays us a commission when a policy goes through, and here is how we handle that.

Questions about home insurance

Cover, exclusions and conditions are as per each insurer's policy wording. Insurance is the subject matter of solicitation.

Where to find us

Our office is at 2, Kailash Apartment, 4th A Road, Sardarpura, Jodhpur, Rajasthan 342003. It is open Monday to Saturday. You can also reach us by WhatsApp or phone. We also place motor, health, life and commercial insurance, and you can read more about our work as an insurance advisor in Jodhpur.