Knowledge from internet below :
Always always take a home insurance.
It will be insured only for the structure - for the belongings, you have to take a separate insurance.
Home Insurance is a unique insurance - only the structure is insured and not the land because (generally) land does not get damaged.
You can take up to 10 years' insurance at a time.
And the premium is very low - if I#Insurance #RealEstate
Always always take a home insurance.
It will be insured only for the structure - for the belongings, you have to take a separate insurance.
Home Insurance is a unique insurance - only the structure is insured and not the land because (generally) land does not get damaged.
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You can take up to 10 years' insurance at a time.
And the premium is very low - if I remember correctly, home insurance for my flat in Dwarka, New Delhi cost me Rs 30,000 or so for 10 years (30K is total 10 years' premium). remember correctly, home insurance for my flat in Dwarka, New Delhi cost me Rs 30,000 or so for 10 years (30K is total 10 years' premium).
