Annual Premium
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| Home Insurance Plan | Annual Premium | HIGHLIGHTED BENEFITS |
|---|---|---|
| MSIG iHome Insurance Plan B | HK$770.94 | Cover accidental loss of or damage to household improvement for up to HK$100,000 |
| AXA SmartHome Plus - Plan A | HK$941.80 | Cover outdoor furniture and similar items that are usually in the open |
| Sompo HouseholdJoy | HK$700.60 | Pay for the accidental breakage of window glass at your Home caused by typhoon or “Black” rainstorm. |
| Zurich HomeChoice Insurance Plan | HK$750.64 | Worldwide protection including repair cost for mobile phone, laptop or tablet computers |
| FWD HomeCare Insurance | HK$630.54 | Valuables are covered up to $10,000 per item |
Public liability insurance protects policyholders in the event of negligence resulting in third party injury or property damage.
Home insurance protects insurers against accidental loss or damage to home contents such as curtains, furniture, etc. Some also provide worldwide protection against accidental loss or damage of personal valuables worldwide such as watches, photographic equipment, etc.
Some home insurance provides basic protection to interior building improvement work carried out before moving in such as renovation and refurbishment of fixtures, fittings, repainting and flooring. For loss or damage caused by building improvement work that takes place after you have moved in, they may not be included. However, some home insurance provides third party liability insurance which may protect policyholders against any injury/ damage caused by the renovation work.
Water damage is usually covered as a standard feature in general home insurance, providing protection to your home contents such as furniture and personal belongings. If your home becomes unfit to live in temporarily, you may also get reimbursement on the expenses for alternative accommodation.
Loss of household property is covered due to burglary in a general home insurance policy. Home insurance can compensate for any loss in personal effects and repair costs for getting new locks.
| Insurance Provider / Insurance Plan | Home Contents Coverage | Liability to Third-Party Coverage |
|---|---|---|
| AXA SmartHome Plus Plan B | HK$600,000 | HK$20,000,000 |
| Zurich Home Choice - Householder | HK$1,250,000 | HK$10,000,000 |
| Chubb MyHomeGuard | HK$6,000,000 | HK$10,000,000 |
| AIG Premium Home Plus – Enhanced Version (Standard Plan) | HK$1,000,000 | HK$5,000,000 |