Home Insurance

Best home insurance for 2024. Compare and buy insurance made easier.

MSIG HomePlus Insurance

Full-fledged premium plan with ambitious features and reasonable total sum insured per dollar of cost.


MSIG HomePlus Insurance


Pros

  • Market-leading coverage & benefits - comprehensive benefits across all plans
  • Pet-friendly benefits - great for households with pets
  • Offers rare benefits like hospitalization allowance and home security system coverage even in the basic tier of plan
  • Offers coverage for homeowner, landlord and tenant

Cons

  • Claims excess applies to certain insured perils
  • Under Pet cover, a Pet is defined as dog and cat only
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Tiq Home Insurance

Affordable premiums for the average consumer looking for basic coverage. TIQ Home Insurance allows customisation to suit individual needs too!


Tiq Home Insurance


Pros

  • Market-beating coverage which allows customisation
  • Offers emergency cash allowance of up to S$5,000 within 24 hours of certain events
  • Offers coverage for homeowner, landlord and tenant

Cons

  • 24-hour emergency home assistance (only applicable to plans with a Period of Insurance of 3 - 5 years)
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Singlife Home Insurance Policy

Low priced home insurance plans for the budget conscious folks. Price starting from less than S$60!


Singlife Home Insurance Policy


Pros

  • First loss basis for Household Contents and Renovations
  • Lite plan is one of the cheapest Home Insurance plans on the market
  • Home Lite offers no frills coverage for low pricing
  • Offers coverage for homeowner, landlord and tenant

Cons

  • Claims excess applies to certain insured perils
  • Not much to offer for convenience benefits (replacement locks and frozen food protection). All these are under optional covers at additional cost
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FWD Home Insurance

FWD's low prices and generous benefits means you will be getting one of the top deals on the market.


FWD Home Insurance


Pros

  • High value across all plans
  • Great customisation options
  • Pet-friendly benefits - great for households with pets
  • Offers coverage for homeowner, landlord and tenant

Cons

  • Lower sublimits on coverage may not appeal to high-networth individuals
  • Under Pet cover, a Pet is defined as dog and cat only
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Great Eastern HomeGR8

Great Eastern's flexible coverage, generous benefits and attractive prices makes it a solid choice for everyone from tenants to property owners.


Great Eastern HomeGR8


Pros

  • High value for tenants and landlords
  • Choose between GR8 Essential - Insured Perils; or GR8 Plus - All-risks Coverage
  • First loss basis for Household Contents and Renovations
  • Offers coverage for homeowner, landlord and tenant

Cons

  • Plethora of miscellaneous benefits may not appeal to those who need simple coverage
  • Doesn't always stand out in value compared to other plans
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Home Insurance
Home Insurance

Fire, Home & Mortgage Loan Insurance: 3 Ways to Help Protect Your First Home in Singapore

by ValueChampion Editorial Team on May 14, 2024

Now that you have figured out how to finance and buy your first home, let’s explore what insurance plans you can use to protect it.

Home Insurance
Home Insurance

Best Home Insurance Plans in 2024 for Fire, Smoke, Water Damage and Break-Ins

by ValueChampion Editorial Team on May 13, 2024

Finding the right home insurance plan is just as important as finding the right home. Learn how home insurance plans work and what you can...

Home Loans
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Five Things To Consider When Applying For A Mortgage Loan In Singapore

by ValueChampion Editorial Team on May 3, 2024

From eligibility to benchmark rates, we break down some of the key things you should keep in mind before applying for a mortgage loan.

Home Insurance
Home Insurance

All You Need to Know About HDB’s Fire Insurance

by ValueChampion Editorial Team on May 3, 2024

The HDB Fire Insurance Scheme is a compulsory policy for all flat owners who have an outstanding HDB housing loan. We’ll walk you through what...

Home Insurance
Home Insurance

Interested In A Landed Property? 3 New Things You’ll Need To Pay For

by ValueChampion Editorial Team on May 3, 2024

Moving from a flat to a landed property means more freedom as a homeowner. However, there are new expenses and responsibilities that you’ll need to...

Home Loans
Home Loans

How Much of Your Income Should You Spend on Housing?

by ValueChampion Editorial Team on May 3, 2024

Housing is one of the largest and most important expenditures for most individuals. With that said, many renters and homeowners have no idea how much...

Home Loans
Home Loans

HDB Housing Grants Available for Different Types of Flats in Singapore (2024)

by Priscilla Lee on May 3, 2024

Singapore home buyers can now tap into several HDB housing grants ranging between S$5,000 to S$80,000 to defray the costs of home ownership.

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