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home insurance
in Singapore

and get the best Home Insurance policies in Singapore!

Sompo home insurance
Msig home insurance
Liberty home insurance
Eq home insurance
Tokio marine home insurance
Allied home insurance
Qbe home insurance
Etiqa home insurance
Axa home insurance
Aig home insurance
Ntuc home insurance
Home Insurance useful tips
Easily customize your home insurance.
Select the coverage you need, increase home content and/or renovations as required.Don’t just stick to the standard coverage levels.
Be careful with underinsuring.
Insurance companies expect your coverage to match the value of your property and will penalise under-insurance with reduced pay-outs.
Think of making an itemized list.
It makes it easier to estimate your home contents value and makes a claim process much more serene.
Renovations and building.
Some insurers group renovations & building together while others treat them separately. Just check-it up carefully!
Easily customize your home insurance.
Select the coverage you need, increase home content and/or renovations as required.Don’t just stick to the standard coverage levels.
Be careful with underinsuring.
Insurance companies expect your coverage to match the value of your property and will penalise under-insurance with reduced pay-outs.
Think of making an itemized list.
It makes it easier to estimate your home contents value and makes a claim process much more serene.
Renovations and building.
Some insurers group renovations & building together while others treat them separately. Just check-it up carefully!
Compare Home Insurance Policies in Singapore
Made to measure
Insurance Market
Find the best policy that fits your circumstances. For HDB, Condo or Landed Property. It makes a difference whether you are the owner or a landlord and whether you live at the property or someone else or maybe no one at all. Maybe you are not the owner but a tenant and need to insure your home contents.
Keeping Track
Insurance Market
Home policies can include more than home content or buildings, so check the differences and be in the know what you are insured for and what not. Also make sure that you insure for the correct amount. Give us a call if you are in doubt and we will be happy to advise.
Legal Liability
Insurance Market
Find the policies that include sufficient legal liability coverage in Singapore. This coverage is often a part of your home insurance package, so check on it on our comparison page and make sure you and your family are adequately covered.
Use our wallet
Insurance Market
Insurance Market is a convenient place for you to keep track of all your policies. You can keep all your policies in your online wallet with us with access anytime online. After purchase we will provide you with your personal login.
Frequently Asked Questions

What is Fire Insurance and what does Fire Insurance covers?

Fire insurance is a property coverage that pays for damages to property and other losses you may suffer from a fire. It can pay for the cost of repairing or replacing damaged property in your home. Fire coverage is included in most homeowners insurance policies

What is the difference between Home Insurance and Mortgage Insurance?

The main difference between Home Insurance and Mortgage Insurance is that Home Insurance provides coverage for the building, fixtures, fittings as well as renovations and your household content while Mortgage insurance is a policy which insures the mortgage (home loan) in event of death of the breadwinner - It provides the surviving spouse with peace of mind, knowing the mortgage will be fully paid up.

What is the difference between Home Content Insurance and Home Content & Building Insurance?

Home Contents Insurance / Home Insurance / Renters Insurance

Home Content refers to any physical and movable household items or personal belongings including money and valuables kept within the premises that belong to you or your family members.

Building refers to the building structure of your home. For Housing Development Board (HDB) flats, condominiums, apartments or cluster houses, it will include the building structure (but not the foundations), fixtures and fittings based on HDB’s or the property developer’s standard specifications. For landed properties such as bungalows, semi-detached and terrace houses, it will include the building structure (but not the foundations), garages, outbuildings, swimming pools, terraces, footpaths, driveways, gardens, gates, fences and other private areas you own and which the public do not have access to.

Home Content Insurance includes only home content while Home Content & Building Insurance includes both home content and building insurance.

What type of Home Contents Insurance is right for me?

Price is always a natural consideration but there are other factors worth thinking through in selecting your policy. Saving a few tens of dollars’ worth of premium, does easily not outweigh potential risk exposure around your home. As a positive step toward risk management, just ensure your plan is tailored to match your needs and circumstances at a reasonable price.

When comparing policies the focus should fall upon the following key factors besides price:

  • “Insured perils” vs “All risks” – This determines how extensive risk exposures are covered under the plan.
  • “First loss” vs “Full sum insured” – This determines the value of the financial losses or damages claimable against the plan. Claims settled on a First Loss basis are without penalty for being under-insured. Under the “Average Clause”, the insurers can reduce payment on a claim by the percentage you are under-insured.
  • Valuables – Home Contents Insurance normally has a sub-limit for unspecified items. For full-cover, valuables must be itemised for insurer’s review and additional premium. Examples of valuables are watches, paintings, works of art, jewellery, antiques, precious stones and other collectable items.
  • Deciding sum insured for your home contents – The general rule of thumb is the replacement cost of your content should it be completely destroyed.
  • Common exclusions – They may differ among insurers and hence it is prudent to take a closer look when doing comparisons.

Do I need to list down all household contents in order to be covered?

No, there is no need to declare or list down. A total value for the household contents is declared instead, representing the sum insured for the policy. To ensure your contents are appropriately covered, we would however recommend you to itemise the major ones for a completeness check. Also be aware that in the situation of claims the insurer may ask for evidence of sufficient coverage and for receipts of larger items.

What insurance do HDB homeowners need?

With existing property loan from HDB: HDB Fire Insurance is compulsory. A plan covering home contents and renovations would be appropriate.

With existing property loan from Banks: Usually, fire insurance is packaged with the loan. A plan covering home contents and renovations would be appropriate. The MCST (Management Corporation Strata Title) insurance only takes care of the development (building) and common areas.HDB homeowner may buy home insurance although not compulsory strongly recommended by Insurance Market to cover content, renovation, and building.

What is the difference between “insured perils” and “all risk”?

Insured perils” are risks or events leading to a financial loss covered by an insurer.
These are examples of insured perils:
Fire, lightning, thunderbolt or subterranean fire Explosion Aircraft and other aerial devices and articles dropped therefrom Collision or Impact Bursting or overflowing of domestic water tank, apparatus or pipe Theft accompanied by actual forcible and violent entry or exit Hurricane, cyclone, typhoon, windstorm and flood Earthquake or volcanic eruption Riot, Strike and Malicious Act

When a scope of cover is based on “All Risks” (fire being the common risk to be covered), it includes cover for accidental risks as well. In other words, “All Risks” cover can be viewed as an extension to "Fire and Extraneous Perils" thus making it more comprehensive in nature. As an example, theft cover in a “Fire and EP” policy requires theft to be accompanied by actual forcible and violent entry or exit to be claimable. However, in an “All Risks” policy, the insurers can offer the removal of the restriction “forcible and violent entry or exit” upon payment of additional premium to cover thefts which do not involve elements of force and violence.

An “Insured perils” policy will state exactly what perils (risks) are covered. Any perils not named in the policy are deemed not to be included for coverage. In an “All Risks” policy, all perils are deemed to be included for coverage unless specifically excluded.

Is this insurance for a home owner or tenant?

Depending on whether you are a home (property) owner/ landlord or tenant, your requirement for a Home Contents Insurance plan may differ.

A home owner has clearly vested interests in protecting his home contents against potential financial losses or damages.

A non-staying landlord may have concerns about the household items provided in a fully or partially furnished rented room/ apartment.

A tenant or renter, on the other hand, should be mindful of his own home contents and property and valuables and any responsibilities specified in the tenancy agreement.

What is Renters Insurance?

Often called as tenants’ insurance, is an insurance policy that provides some of the benefits of homeowners’ insurance, but does not include coverage for the dwelling, or structure, with the exception of small alterations that a tenant makes to the structure. It provides liability insurance and the tenant’s personal property is covered against named perils such as fire, theft, and vandalism. It also pays expenses when the dwelling becomes uninhabitable. Due to renters’ insurance exist mainly to protect against losses to the tenants’ personal property and provide them with liability coverage but not to insure the actual dwelling. It’s significantly less expensive than a homeowners policy.

What are key features and plan highlights of MSIG home insurance ?

The Key features of MSIG home insurance are 

  • Flexible Cover
    Need a simple home coverage or one that covers your special possessions or extra valuables? Our Home Insurance plan is highly customizable, so you are free to pick and choose the elements that are most important to you.
  • Free Personal Liability Cover
    Wherever you may be, we protect you with free personal liability cover of up to $1 million.
  • Optional Special Possessions Cover
    Protect your valuables and personal possessions for total peace of mind.

Plan highlights

Additional Benefits
Our quality home coverage extends to accidental breakage of mirrors and glass at home, deterioration of frozen food, monthly service and conservancy fees and fraud by your domestic helpers.

Alternative Accommodation/Loss of Rent 
Worried about accommodation if you home become damaged? Enhanced HomePlustakes care of your temporary accommodation cost, emergency cash, conservancy charges and even loss of rent.

Optional Domestic Servants Cover
Liability at law or under the Work Injury Compensation Act to your domestic servants.

24/7 Helpline

We provide round-the-clock support for home emergencies, electrician and plumber referrals, and even locksmith assistance.

Claims Made Easy

Save time by submitting your property or liability insurance claim online! We keep our process as simple as possible to bring your claim to a fair settlement.

The different type of plans under MSIG Enhanced HomePlus are 

1.Ultimate Plan 

2. Superior Plan 

3. Standard Plan 

Learn about different plans of MSIG Home Insurance

Enhanced HomePlus BrochureApplication

Enhanced HomePlus FormPolicyLiability

Enhanced HomePlus Claim Form

Enhanced HomePlus Property Claim Form


What are the key features of Etiqa Home Insurance also called as TIQ home insurance ?

The key features of Etiqa Home insurance also called as TIQ Home Insurance are 

1. It covers the coverage of the building, home renovation, and content.

2. Emergency Cash Allowance Get immediate cash allowance of up to $5,000 within 24 hours in the event that your home is uninhabitable due to any insured peril. No prolonged wait for claims or unnecessary panic. Rebuild your life back without hassle, headaches or delay.

3. Emergency Home assistance Our 24-hour one-stop home repair service covers four common emergencies - plumbing, electricity, locksmith and pest control. More than just a concierge service, we will be with you till your problem is resolved.

4. You can also add-on 

a. Multi-appliances Home Protector

Be covered for repairs of your home appliances up to 2 times per year, $700 per callout

c. Family Accidental Death Protection

In the event of accidental death, you and/or your family members are covered up to $50,000

Learn about different Etiqa Home Insurance Plans


What are the key features of Sompo Home Insurance called as HomeBliss ?

The key features of Sompo Home Insurance ( Homebliss ) are 

  • Smoke Damage from Cooking Unit
  • Expenses for Tracing and Assessing of Water Seepage
  • 24-Hour Home Emergency Assistance Service with reimbursement for selected service
  • Reimbursement for Home Cleaning Expenses following an Infectious Disease Outbreak including Dengue Fever, HFMD, ZIKA  and more
  • Mobility Enhancement Expenses to modify your home if you or your family members suffer permanent disability
  • Worldwide Family Personal liability extends to cover Property Owner's Liability and Tenant's Liability

  Learn about different Sompo Home Insurance ( Homebliss ) Plans 

What is key benefits of Liberty Home Insurance ( HomeCare ) ?

The key benefits of Liberty Home Insurance  ( HomeCare )  are 

  1. Combines various classes of insurance under one policy
  2. Easy to arrange
  3. Competitive premium terms
  4. First loss basis
  5. No Claim Discount

10% of the gross premium for the first renewal

15% of the gross premium for the second renewal onward

  1.  Customer can upgrade his Personal Effects Cover (Unspecified) on jewelry, watches and handbags/wallets Anywhere in Singapore(Excess: S$250 each & every loss).
  2.   Customer can upgrade his Personal and Family Liability to Worldwide excluding USA, Canada and Sanctioned Countries (Any One Accident/Unlimited Any One Period) (Excess: S$250 each & every loss

Learn about different Liberty Home Insurance ( HomeCare )  Plans 


What are key features of QBE Home Insurance ?

The Key features of QBE Home Insurance are 

  • All-rounded protection for your home contents and against liability and legal costs from your property.
  • Loss/Damage to Home Contents, automatic first loss coverage, up to S$200,000
  • Loss/Damage to fixtures, fittings, and renovations, up to S$100,000. With the option to increase coverage to cover the building.
  • Loss of rental, for owners: 25% of sum insured, up to 30 days • Temporary accommodation, for occupier: up to 25% of sum insured, up to 6 months
  • Personal Accident coverage, S$50,000 in the aggregate
  •  Liability to others, S$5,000,000 in the aggregate
  •  Option to purchase Personal Effects coverage and

 Learn about different QBE Home Insurance plans 


What is Tokio Marine Home Insurance (TM Flexi-Home Enhance) policy?

Tokio Marine Home Insurance (TM Flexi-Home Enhance) policy

is designed to bring you the essential protection for Your assets and lifestyle under one single Policy.TM Flexi-Home Enhance is a flexible policy package that is suitable for all types of private dwellings - landed properties, condominiums, walk-up apartments or HDB flats.

The key coverages are 

Standard Cover

TM Flexi-Home Enhance gives you the following protection subject to the Sections and limits you have selected:

Section One: Building cover*
Depending on your

Section Two: Contents cover**
Provides cover for loss or damage to contents caused by an Accident whilst contained in the Building during the Policy Period

Section Three: Worldwide Family Liability (Excluding USA/Canada)
Covers against a claim from Third Party for property damage or bodily injury caused to them which You and Your Family is/are legally liable.

Section Four: Personal Accident
Covers You and Your Family against death or permanent disability as a result of an accidental injury.

Learn about different Tokio Marine Home Insurance plans


What are the key benefits of Eq Home Insurance ?

EQ Home Insurance known as EQ HomeGUARD provides you with 5 key benefits, making it a cut above the rest.

  • Alternative Accommodation Covers additional expenses for either alternative accommodation or loss of rent if your property is uninhabitable.
  • Home Quarantine Order Pays up to S$1,400 if you are required to be home quarantined.
  • Personal / Family Third Party Liability Covers for accidental bodily injury or property damage to a third party not only within your home premises but extended to the whole of Singapore and anywhere in the world (except the USA and Canada).
  • Worldwide Personal Accident Pays for any accidental death not only for you but also your spouse and child(ren) for the mishap at home and worldwide.
  • Pedigree Pet Cover Covers for accidental death or theft of your pedigree pets
  • Emergency Services Reimbursement What’s more, you will receive up to S$100 cash back for each emergency service in respect of expenses you have paid to your service providers for Locksmith, Plumbing, Electrical, Airconditioning Engineer Assistance and Pest Control Services, up to a maximum of S$500 per policy year.

More Questions?

Check the “FAQ” Tab in the page menu for more Home related FAQ’s

What are the key benefits of NTUC enhanced Home Insurance ?

The key benefits of NTUC enhanced Home Insurance are 

  • Protection for your house building, its contents, and renovations.
  • Protection against accidental death, disability, and specified injuries.

  • Peace of mind during home emergencies with Income's Emergency Home Assistance. 24/7 assistance for plumbing, electrician, locksmith and pest control via our hotline (Bonus services).
  • Coverage if damages are caused to others’ houses.
  • Flexibility to decide how much coverage you want for your home, avoiding both over-insurance and under-insurance.

What are the key benefit of AIG Home Insurance ?

The key benefits of AIG Home Insurance are 

  • Comprehensive coverage for your biggest investment

In general, basic HDB fire insurance covers only your unit's building structure; in the original state, it was built, but not your home contents. Home insurance not only covers the building, but also the contents within your home – your household contents, valuables, and renovated items – against insured perils such as fire, burst water pipes and break-ins.

  • Cover for personal liability against third parties

If a fire breaks out in your home and spreads to your neighbor(s) home, you are legally required to pay for the damage caused to your neighbor(s) home as well. Comprehensive home insurance can alleviate your financial stress as it builds on your basic HDB fire insurance and covers you and your immediate family’s legal obligation towards your neighbor(s).

  • Dedicated support when you need it the most

We understand that experiencing a loss, however big or small, can be a devastating experience. In the unfortunate event of a fire for example, we empathize with your anxiety and worries, and would normally send our loss adjustor on-site to assist you in the claims process. This includes salvaging items that were not damaged, assisting with making arrangements for temporary accommodation, and facilitating in the process of itemizing the list of damaged items for claims submission.