Protect your property investments—commercial or residential. Learn about property damage coverage, liability, rent loss, and how property insurance differs from home insurance.
Property Insurance Explained
Protect your property investments—commercial or residential. Property insurance covers fire, theft, natural disasters, liability, and rent loss.
Commercial vs Residential
Residential property: your home or apartment. Building plus contents cover. Premium: ₹20k–₹75k/year for a ₹50L property.
Commercial property: office, shop, warehouse. Higher premiums (₹50k–₹2L/year). Covers fire, theft, business interruption, and liability.
Coverage Details
Covered: fire, theft, flood, earthquake, vandalism, third-party liability, loss of rent. Excluded: wear and tear, poor maintenance, mechanical failure.
That's the standard shape of property cover. The exact perils, limits, and exclusions vary policy to policy—check what YOUR policy actually says.
Frequently asked questions
What's the difference between property and home insurance?
Property insurance is broader—covers commercial + residential. Home insurance is residential-focused. Property insurance often includes business interruption, loss of rent, higher liability limits.
Do I need property insurance for commercial space?
Yes. Commercial property insurance covers fire, theft, liability (if customers injured), business interruption (loss of income). Essential for any commercial property.
Is rent loss covered?
Yes, if you add loss of rent rider. Covers rental income lost if property becomes uninhabitable due to covered peril (fire, flood). Useful for landlords.