The 5 Best Home Insurance in Singapore

The 5 Best Home Insurance in Singapore

By Lance Teo

Are you looking for ways to secure your own home? If so, getting your hands on the best home insurance in Singapore is the only way to ensure your home and the safety of your loved ones.

We can never know when the next accident or disaster is going to hit, which puts our homes in a vulnerable position. If you have the best home insurance in Singapore, you won’t have to worry about paying for the damage to your property after such disasters, though.

If you don’t know where to find the best home insurance in Singapore, then don’t stop reading just yet because we have exactly what you’re looking for. Check them out one by one below!

1.  AXA Insurance

AXA Insurance's Homepage

BEST FOR  Personal and Business Insurance
SERVICES Home Insurance, Personal Accident Insurance, Travel Insurance, Car Insurance, and Helper Insurance
WEBSITE https://www.axa.com.sg/our-solutions/personal/personal-accident/smartpersonal-accident
ADDRESS 8 Shenton Way, #24-01 AXA Tower, Singapore 068811
CONTACT DETAILS +65 6880 4888
OPERATING HOURS Monday – Friday, 9:00 AM – 5:30 PM

If you’re looking for dependable home insurance, then AXA’s SmartHome Essentials comes highly recommended! It’s also among the best home insurance in Singapore given the wide coverage and assurance it affords to people.

AXA’s SmartHome Essentials will cover the damage and loss to your home after a fire, flood, theft, and bursted pipe. If you’re a landlord, it will also cover your loss of rent during the renovation period.

What’s more, it has personal accident coverage if you get hurt while inside your own property. No need to worry about your safety if you’re protected by some of the best home insurance in Singapore.

Highlights

  • Insured property
  • Customisable plan
  • Accident coverage

 

2.  AIG Insurance

AIG Insurance's Homepage

BEST FOR  Comprehensive Coverage
SERVICES Home Insurance, Travel Insurance, Car Insurance, and Personal Accident Insurance
WEBSITE https://www.aig.sg/personal/home-insurance
ADDRESS 78 Shenton Way, #09-16 AIG Building, Singapore 079120
CONTACT DETAILS 6419 3000
OPERATING HOURS Monday – Friday, 9:00 AM – 5:00 PM

AIG’s Home Insurance is the ideal insurance package for people who are still renting either a flat or an apartment. It’s also among the cheapest home insurance packages that ensure the safety of your home and loved ones as well.

It provides coverage of up to $100,000 for all the damage incurred inside the property. If your space is too damaged, AIG will cover your temporary housing until you’ve settled into your new permanent home.

What’s more, it has worldwide protection against theft to make sure that you are safe from identity theft and ATM assault.

Highlights

  • Temporary housing coverage
  • Personal accident coverage
  • Cheap premiums

 

3.  Aviva Insurance

Aviva Insurance's Homepage

BEST FOR  Damages after Theft
SERVICES Home Insurance, Personal Accident Insurance, Travel Insurance, Health Insurance, and Commercial Insurance
WEBSITE https://www.aviva.com.sg/en/insurance/home/
ADDRESS 4 Shenton Way, #01-01 SGX Centre, Singapore 068807
CONTACT DETAILS +65 6827 7988 | [email protected]
OPERATING HOURS Monday – Friday, 8:45 AM – 5:30 PM

Aviva’s Home Insurance only costs $53 a year, making it among the cheapest and best home insurance in Singapore. Despite its low price, it has wide coverage to ensure that you and your home are protected at all times.

Moreover, Aviva’s Home Insurance is divided into three tiers to allow you to choose which one best suits the needs of your home.

All three tiers include 24/7 emergency assistance, household item coverage, personal legal liability, alternative accommodation options, and loss of personal money and credit cards.

Among the accidents it accommodates are fire, flood, riot, civil commotion, theft, vehicle impact, earthquake, and many more.

Highlights

  • Wide coverage
  • Emergency assistance
  • Alternative accommodation

 

4.  FWD Insurance

FWD Insurance's Homepage

BEST FOR  Affordable Plans
SERVICES Home Insurance, Personal Accident Insurance, Car Insurance, Health Insurance, Maid Insurance, Endowment, and Personal Insurance
WEBSITE https://www.fwd.com.sg/home-insurance/
ADDRESS 6 Temasek Blvd, #18-01 Suntec Tower Four, Singapore 038986
CONTACT DETAILS +65 6820 8888
OPERATING HOURS Monday – Friday, 9:00 AM – 6:00 PM

FWD Insurance knows how important it is to protect your home and your loved ones against unforeseen accidents — that’s why it offers one of the best home insurance in Singapore.

You may even personalize the plan to make it even more affordable without removing the essential protection every homeowner needs.

Unlike other insurers, FWD promises that it will not overcharge you in case of damage caused by broken pipes and fire. It also has an emergency assistance that will be there for you right away in times of emergency.

In addition, it has connections to great, reliable contractors that can fix the damage to your property. It’s truly among the top options for the best home insurance in Singapore.

Highlights

  • Affordable premium
  • Emergency assistance
  • Excellent contractors

 

5.  Chubb Insurance

Chubb Insurance's Homepage

BEST FOR  Personal Insurance
SERVICES Home Insurance, Personal Accident Insurance, and Travel Insurance
WEBSITE https://www.chubb.com/sg-en/individuals-families/standard-home-contents.aspx
ADDRESS 138 Market Street, #11-01 CapitaGreen, Singapore 048946 Mga oras:
CONTACT DETAILS +65 6299 0988
OPERATING HOURS Monday – Friday, 8:30 AM – 5:00 PM

Chubb Insurance offers Simply Home Enhanced, one of its most in-demand home insurance plans. It’s designed not only to protect your property but you and your family as well, which is why we consider it one of the options for the best home insurance in Singapore.

Among the benefits of the Simply Home Enhanced is $180,000 coverage to fix damage to your home. It also includes one million Singaporean dollars of coverage if you and your loved ones are injured.

Lastly, it also comes with a 24-hour emergency service that will be of help any time of the day.

Highlights

  • Home damage and family injury coverage
  • Lifestyle coverage
  • 24-hour emergency services

 

And that’s the end of our list of options for the best home insurance in Singapore. We hope you were able to choose which one can best accommodate the needs of your property!

If we missed out on other great home insurance options, share their names with us and we’ll see if we can add them to our roster!

Finally, it’s not only your home that needs protection but your wellbeing as well. It’s a good thing that there are insurance providers that offer the best life insurance in Singapore to make sure that you and your family’s future is secured!