5 Tips To Save On Your Home Insurance In Dubai

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5 Tips To Save On Your Home Insurance In Dubai
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Home insurance

• Home insurance is a type of property insurance
  where the policyholder is benefitted from the
  loss or damages that may happen to their house.
• This may be either internal or external or even
  at times the loss of personal items.
• Home insurances are available in different shapes
  and forms with various benefits offered by
  different insurance companies.
• Choosing the right policy is much easier if we
  give little importance to some facts.
• In most cases, people will either overbuy their
  insurance covers or undercut the minimum level.

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Need of home insurance in Dubai

• Owning a house is certainly a dream of everyone.
• People will put memories into it and of course,
  they will protect it all the way they can. This
  is the reason people are attracting towards home
  insurance.
• Recent incidents of fire are also making people
  more aware of the need for home insurance in
  Dubai.

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5 Tips to save on your home insurance in Dubai

• Keep the valuation genuine and precise
• Dont include the price of land
• Pay attention to the policy details
• Home Contents Cover Vs. Personal Possessions
  Cover
• Use discounts offers

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Keep the valuation genuine and precise

• We often see the fluctuations in the real value
  of houses and possessions that are present in
  ones home insurance policy.
• This is the main problem that exists with this
  policy. One may either overvalue or undervalue
  their policy.
• In case of overestimating your home, then you
  may have to pay higher premiums, and on
  undervaluing, you will only be compensated
  accordingly in case of any adverse events.

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Dont include the price of land

• In most cases, people make the mistake of
  including the value of land also along with the
  price of their house.
• In fact, the price of land is not a price
  evaluating the factor. This will only result in
  paying a ton of insurance premiums.

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Pay attention to the policy details

• Always go through each and every line of your
  policy very carefully as it may mean one thing to
  you at once but it may actually be different in
  case.
• Let us take an example, a line like all
  household goods located contained by your
  premises will be covered might raise a thought
  in your mind like all the goods within your house
  will be included.
• However the term household goods commonly
  excludes electronic devices from the list. So
  always keep raising questions at each segment.

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Home Contents Cover Vs. Personal Possessions Cover

• Two of the home insurance covers that confuses
  most people are home contents cover and personal
  possessions cover. Home contents cover protects
  for the articles of significant worth that are
  available in our home against harms. \
• Personal possessions cover insures for the things
  that the homeowner carries along with them like a
  mobile phone. And the personal possession cover
  is normally costlier than home contents cover.
• So inuring a laptop that you use indoors in a
  personal possession cover actually will cost you
  more without any benefit.
• Go through the guidelines of home insurance
  covers to see if they may or may not come to you
  of use in the future.

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Use discounts offers

• There are more than 50 licensed insurance
  companies in the UAE, and this shows customers
  have many options to choose from.
• Thus there is high competition among the
  companies which is a great thing for customers.
• There will be special offers and discounts put up
  by insurance companies in Dubai for a limited
  period of time.
• At the point when you possess a house with a
  serious costly valuation, shaving off a couple of
  rates to a great extent can prompt a ton of
  contrast in the final price tag.
• The most ideal approach to think about these
  offers and limits is to ask your broker.

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THANK YOU