Home & fire insurance protects your residence from damage caused by fire and other perils stated in the policy, split into two main parts: the building and contents.
What is home & fire insurance?
Home & fire insurance is a non-life policy that covers damage to your home and belongings from unexpected events such as fire, lightning, or storms. The insurer compensates you within the limits and conditions stated in the policy.
Two main parts: building vs. contents
- Building: the residential structure and its fixed fixtures such as walls, roof, and flooring.
- Contents: furniture, electrical appliances, and personal belongings.
From the sample quotes, a 2,000,000 THB total sum insured splits into 1,500,000 THB for the building and 500,000 THB for contents — figures that are examples only, not standard for every home.
What perils are covered?
- Fire
- Lightning
- Storm
- Water damage from burst pipes or leaks (separate from flood)
- Burglary with visible signs of forcible entry
- Third-party liability within the insured premises
Common exclusions
Home & fire insurance does not cover everything. Common exclusions include normal wear and tear, gradual deterioration, and intentional damage. Flood cover may also have a limited amount and a waiting period you should check.
Sample limits from real quotes
Two Allianz Ayudhya plans we offer, from sample quotes:
- Master Home Plan 1: sample premium 2,990.65 THB/year, burglary 50,000 THB, third-party liability 500,000 THB.
- Perfect Home: sample premium 5,500.87 THB/year, burglary 200,000 THB, third-party liability 1,000,000 THB.
Both plans have a 20,000 THB flood limit with a 7-day waiting period. See details on the home insurance page or compare the two plans.
Who needs home & fire insurance?
It suits residential property owners who want to reduce risk from unexpected perils, especially homes with high building or contents value. If unsure, send your details for an assessment via the home insurance hub.
Summary
Home & fire insurance protects your building and belongings from fire and other perils, subject to policy conditions. Before buying, understand the split between building and contents limits and review the exclusions. Start with the budget plan or the full-coverage plan.