Explore our comprehensive home insurance plans
Smart Home Cover
HouseOwner & HouseHolder Insurance
Difference between Home Insurance and House Insurance in Malaysia
There is no real difference between home insurance and house insurance, the difference can be better understood to be between building insurance and building contents insurance.
Owning a valuable asset like a house is an outstanding achievement, and with that comes the need for sufficient protection to prevent mishaps that might catch you off guard. Whether your house is for your own accommodation or for renting out as a landlord, you should make sure you have protection for the building structure should anything happen to damage it.
Our home is where we establish a shelter to keep us and our belongings safe and secure. As much as our homes are a safehouse, there are times when unexpected incidents might happen, such as fire, burglary, flood, or even physical damage by your tenants and many others. This could result your house and its contents to be damaged or in the latter's case, even stolen.
In the case of property for rental purposes, you might suffer a loss of rental income if the property becomes uninhabitable due to damages both intended and unintended from your tenants. Allianz’s flexible home insurance plan helps you to protect yourself in many ways.
Protecting Home Contents & Houseowner’s Belongings
From the top, Allianz’s HouseOwner & HouseHolder home insurance has 2 parts. HouseOwner can cover your residential building, including fixtures, fittings and walls. In the case of landed property, it also covers your gates and fences around the house. HouseHolder insures your household contents and personal effects belonging to you or members of your family. In essence, Allianz’s Houseowner & Householder home insurance plan protects you from named perils, to list a few:
● Fire, lightning, thunderbolt
● Domestic explosion
● Damage from aircraft, vehicles, or animals
● Bursting or overflowing of water tanks, pipes
● Theft (Homeguard)
Allianz Smart Home Cover: More than House Insurance
For a more comprehensive solution, Allianz’s Smart Home Cover allows you to choose and customise your protection based on your needs and your home, offering you a more tailored solution for peace of mind. It offers HomeFix which covers the reimbursement for various domestic home improvement-related issues such as burst pipes, replacement of doors and locks, electrical wiring, and the likes.
Under Smart Home Cover, you are also get Mortgage Loan Installment Protection in the event your property is deemed temporarily uninhabitable, accidental death, or total permanent disablement. Landlords can also subscribe to landlord insurance where malicious damage caused by tenants and runaway tenants resulting in loss of rent will be covered. Furthermore, Allianz will bear legal fees for issuing letters of demand.
Say no more to uncertainty. Check out our comprehensive home insurance plans below and customise an optimum insurance plan that covers every possible unexpected events to your home and belongings:
Allianz KampungKu: Affordable Home & Contents Insurance for Kampung Houses
Smart Home Cover that has five coverage components to customise which are the building, the content, the loan installment protection, home repairs and maintenance and landlord insurance.
Houseowner & Householder for a comprehensive house insurance plan, whether you are the owner or a tenant.
Allianz Kampungku if you would like to insure your “kampung” house and its contents.
Homeguard to indemnify you against loss or damage by many unexpected events.