I would say that home insurance must be taken for both old and new house because it is very helpful in unforeseen circumstances. There are many companies of home insurance India has right now and all of them offer many benefits to the policy holders including insurance of the home content. Home insurance is not only for a particular type of house but for both old and new.
Hey as far as my knowledge is concerned, the property which is still under construction, or a kutch/temporary construction, land and residence cum office are not covered under Home insurance policy
‘Prevention is better than cure’, i would suggest that home issuance is equally beneficial for a old flat and a new flat. Home insurance play a pivotal role in making up your financial losses in case any disaster strikes. To protect ones’ property, home insurance is one of the greatest investments that a person can make.Householders’ insurance policy helps people to a large extent in case of a theft, fire or any damage to their household goods. This policy not only protect your house from unpredictable events, but also it covers house owner’s personal properties like jewellery, laptops, audio and video equipment, furniture etc. Hey you can follow this link and read more about Home Insurance
I would say that home insurance must be taken for both old and new house because it is very helpful in unforeseen circumstances. There are many companies of home insurance India has right now and all of them offer many benefits to the policy holders including insurance of the home content. Home insurance is not only for a particular type of house but for both old and new.