Does India have house insurance?

Does India have house insurance?

Home insurance in India is available for all homeowners. Tenants can also buy a home insurance policy. Organisations can buy home insurance if they own properties used for residential purposes by their partners or employees. May 19, 2021

Does home insurance cover mold?

Key Takeaways. Mold coverage isn’t guaranteed by your homeowners insurance policy. Typically, mold damage is only covered if it’s related to a covered peril. Mold damage caused by flooding would need to be covered by a separate flood insurance policy.

Is flood damage covered by homeowners insurance?

Your standard homeowners policy doesn’t provide flood coverage. It’s important to note that, as a rule, homeowners and renters insurance does not cover damage from flooding.