Allianz Home Insurance

Home insurance covers unexpected events like fire, typhoons, floods, and theft, protecting the insured's home properties and belongings such as furniture, appliances, and valuables. 

It also includes legal liability protection for third-party injuries or property damage due to negligence. For example, if a burst pipe damages shared property in the building, i.e. the elevator, home insurance can help cover costs.

In contrast, "Fire Insurance," or "Building Structure Insurance," protects only the building's structure—walls, floors, and windows—and does not cover personal belongings. It's typically purchased by property owners or required by banks for mortgage applications.

Home insurance and fire insurance offer distinct types of coverage, making them complementary to each other. For your peace of mind, home insurance is highly recommended.

Excess (Deductible) is the amount of money that the insured person must pay before their insurance policy starts paying for covered expenses. Please refer to the table below for the Allianz Home Insurance's deductible details.