The proposed house insurance cover will offer coverage for both the structure of the house as well as the contents inside, beside protection against natural disasters such as floods, and earthquakes, as well as accidents like fires
Home insurance
Latest in Home insurance
blockchain technology
The UAE start-up making insurance more ‘tolerable’
Hala is the emerging insurtech start-up that pivoted from serving insurers to serving their customers
Dubai property
63% of UAE residents said to snub home insurance – poll
Dubizzle Property survey shows many residents are left susceptible to major losses or damages
car insurance
GCC insurance firms forecast to see ‘sluggish’ growth in 2019
S&P Global Ratings says mounting competition, more volatile investment returns will weigh on earnings for Gulf-basesd insurers
car insurance
Plan revealed for Bahrain’s first online insurance comparison portal
Website is expected to launch in third quarter of 2018 after winning Bahrain Central Bank approval
Dubai Fire
UAE insurers expect business uplift following Dubai tower blaze
Nexus Insurance Brokers chief also hints that increase will be short-lived as only 10% have home and contents cover
Dubai Fire
100% rise in home insurance sales since Dubai’s Zen Tower fire
Penetration rates of home insurance in the UAE remain extremely low at 11% compared to 70% in Europe
Dubai real estate market
Most UAE residents snub home cover despite suffering damage
Yallacompare survey finds only 10.9% are currently subscribed to home insurance policy
apartment
Revealed: hidden costs when moving from apartment to villa in the UAE
Home insurance is unlikely to increase, as it depends on the cost of home contents, experts say