Owning a home is a blessing. Not only does it prove to be a personal oasis, but it also helps you save money which is otherwise spent on rent. However, even with all the perks and ease a personal home offers, unprecedented events can cause damage to your place. Depending on the extent of damage, the charges can vary. Repair costs can be hefty amounts if the damage is serious.
Home insurance keeps you covered under such situations. Luckily there are many popular home insurance companies in Dubai ready to provide you with a coverage plan for your house.
Advantages of Home Insurance
Dubai is well-known for its lucrative real estate market, world-class facilities and the opportunities it offers. Whether you buy a house on cash or through home loans in Dubai, home insurance is a viable option you can consider.
In the UAE, it isn’t compulsory to get home insurance if you buy a property in cash. However, you are required to get it if the property is bought on a mortgage. Either way, home insurance comes with several advantages which are listed as follows:
- Provides coverage against natural calamities
- Provides cover against man-made crisis
- Protects against damage to personal belongings
- Protects against third-party liabilities
- Covers living expenses in case of damage to the property
The services may vary depending on the type of coverage policy you choose. Moreover, the prices may also differ as per the policy.
Popular Home Insurance Companies in Dubai
Getting home insurance is mandatory when buying property on any of the types of mortgages in Dubai, Abu Dhabi or other cities of the UAE. However, buyers buying a home on cash also opt for it for the many benefits that follow. It is important to get home insurance from an authorised and well-known company as they offer a variety of packages.
Let’s go through some popular home insurance companies in Dubai to help narrow down your search.
INSURANCEMARKET.AE
Established in Dubai in 1995, Insurancemarket.ae has a long history of providing insurance services of different types. Its services include but are not limited to home insurance, car insurance, health insurance, and business insurance among several more.
Get in touch with them through their website and get a quote. Additionally, you can talk to one of their representatives and see the coverage included in their plans.
- Location – Control Tower, 27th Floor, Motor City, Dubai
- Contact – +971 800 253733
- Timings – Monday to Friday – 8:30 am to 6:30 pm, Saturday – 9:00 am to 4:30 pm, closed on Sundays
GIG GULF
Several services like rent-to-own properties in Dubai among others make it easy for people to buy properties in the city. Home insurance is the next step in further securing your investment. Gig Gulf is another popular insurance house in Dubai providing a variety of insurance services.
Licenced by the UAE Insurance Agency, GIG Gulf has been in the GCC region for over 70 years. Additionally, they have a presence in thirteen different markets. For all your home insurance needs, you can get in touch with them and get a quote.
- Location – Churchill Executive Tower, Business Bay, Floor 39, Dubai
- Contact – +971 800 292
- Timings – Monday to Friday – 8:00 am to 5:00 pm, closed on weekends
INSUREATOASIS
Insureatoasis is another well-known home insurance company in Dubai. From home insurance to motor, travel and critical care, you can find it all on Insureatoasis. Moreover, Insureatoasis provides a digital platform for its users to avail of all insurance-related services the company offers.
For insurance of any of the types of properties in the UAE, you can visit their website and check out the services offered.
- Location – 2402, Aspect Tower, Business Bay, Dubai
- Contact – +971 50 559 5945
- Timings – Open 24 hours, seven days a week
GARGASH INSURANCE SERVICES LLC
For people looking for home insurance in Dubai, Gargash Insurance Services can be a viable option. Operating in the UAE since 1994, Gargash Insurance Services offer a wide variety of services.
For home, health, car, travel, life, business or office, you can find insurance policies for all these purposes. Additionally, you can check out their plans and get a quote online. Get in touch with them or visit their website for any information.
- Location – Office no 305, 3rd Floor, Pyramid Centre Opposite Al-Nasr Sports Club/Tas’heel , Umm Hurair Road, Dubai
- Contact – +971 800 4274274
- Timings – Monday to Friday – 8:00 am to 5:30 pm, closed on weekends
COVERMATCH
While there are already a host of factors adding to the hidden cost of buying property in Dubai, you don’t want to end up with another expense in case of damage to the house. House insurance in Dubai can help you avoid this unwanted expense. For home insurance coverage, Covermatch is a considerable option.
From home to homeowners’ and renters’ insurance, you can find it all at Covermatch. Get your home and valuables covered with Covermatch’s various coverage plans. Visit their website for up-to-date information and policy rates.
- Location – Office 2019, Dtec, Building A5, Dubai Digital Park, Dubai Silicon Oasis, Dubai
- Contact – +971 4 320 9810
- Timings – Monday to Saturday – 8:00 am to 6:00 pm, closed on Sundays
Other Well-Known Home Insurance Companies in Dubai
Besides the aforementioned organisations, there are several other house insurance companies in Dubai you can consider. The companies are listed as follows:
- Policyhouse.com
- Aqeed
- Nexus Insurance Brokers LLC
- Cosmos Insurance Brokers LLC
- Petra Insurance Broker L.L.C.
- Millennium Insurance Brokers Co. (L.L.C)
Disclaimer: All the above-mentioned real estate developers in Dubai are based on Google ratings and reviews. It is advised to check the latest ratings and reviews beforehand.
This brings us to the end of our list of popular home insurance companies in Dubai. Home insurance plays an important part in safeguarding your house and valuables against natural or man-made calamities or unforeseen circumstances. You can avoid unwanted expenses by getting a home insurance policy.
Moreover, you can follow the home maintenance checklist to keep your home in pristine condition. If you are looking for a property in Dubai, dubizzle is a preferred choice for many home hunters. Check out the following and select the property best suited to your needs.
Stay tuned to UAE’s top property blog for lists of popular insurance companies and more.
