Home insurance can cover the building, its contents or both against perils the policy lists, such as fire, storm, flood, earthquake and burglary. Owners usually insure the structure; tenants can insure their belongings.
IRDAI introduced a standard home policy, Bharat Griha Raksha, in 2021, with the same basic wording at every insurer. Since June 2022 insurers may also offer their own alternative products alongside it.
Products
No products are listed in this category yet. Products appear here only after Finobazaar has reviewed them against the insurer's documents; we do not show invented products or prices.
What policies usually cover
- The building, at the value or method stated in the policy
- Contents and valuables, often with separate limits
- Perils listed in the policy; others are not covered
Your policy wording lists exactly what is covered, the limits and the exclusions.
What to check before you buy
- How the building is valued (rebuilding cost or another method)
- Whether earthquake, flood and burglary are included
- Limits for jewellery and valuables, and the proof the insurer wants
Key terms
- Sum insured for building
- The amount for the structure; if it is too low, a claim may be reduced in proportion.
Calculators
Guides and checklists
- Policy exclusions: what insurance does not coverWhere to find exclusions in a policy and how to read them.
- Claim rejected? Complaints and the Insurance OmbudsmanHow to challenge a rejection or short payment: insurer, IRDAI's Bima Bharosa and the Ombudsman.
- Renewing an insurance policyGrace periods, keeping your benefits and what to check before you renew.
- Policy details review checklistWhat to check in a new policy, ideally within the free-look period.
- Policy renewal checklistWhat to have ready and to check before you renew a policy.
Official resources
- IRDAI – Insurance Regulatory and Development Authority of India (opens in a new tab)The insurance regulator: regulations, circulars and the lists of registered insurers and intermediaries.
- IRDAI policyholder website (opens in a new tab)IRDAI's site for policyholders: consumer education and how to complain.
- Bima Bharosa – IRDAI grievance portal (opens in a new tab)Register and track a complaint against an insurer after you have complained to the insurer.Toll-free 155255 or 1800 4254 732; email complaints@irdai.gov.in. IRDAI accepts complaints from the policyholder or claimant, not from agents or other people writing for them.
Addresses checked on 19 October 2026.