For My Property

Home insurance protects your house and your household contents from financial loss if something unexpected happens, such as a fire, theft, flood, or other damaging events subject to Terms and Conditions of the policy. 

Home insurance policies in Malaysia generally provide basic coverage for common risk, such as protection against fire, theft and certain natural disasters. The key differences are the additional benefits each insurer offers, such as coverage for personal belongings, temporary accommodation, or extended liability. It’s important to review these features carefully and select coverage that best matches your needs.

The main types of home insurance available in Malaysia are: 

• Houseowner Insurance
• Householder Insurance 

To learn more about the plans and its benefits, please visit Z-Home Protect, subject to policies terms, conditions and exclusion. 

Fire insurance is generally a standard protection in Malaysian home insurance policies and is included in most home insurance plans. The coverage generally protects against:

• Fire
• Lightning
• Domestic Explosion

Fire insurance is also commonly required by banks for homes with property loans.

Flood Coverage

• Flood protection to cover flood damage is usually offered as an optional add-on (extension). 

Flood damage may include, but is not limited to:

• Water damage to walls, floors, wiring, and fixtures
• Damage to furniture, appliances, and personal belongings (if contents are insured)

The annual cost of home insurance in Malaysia typically ranges from around RM60 to over RM1,000, depending on several key factors, including property location, sum insured, building type, and coverage options selected. This premium range is indicative only and provided for illustrative purposes. Actual premiums are subject to underwriting assessment and the specific policy terms and conditions. 

Type of coverage

• Fire Insurance only (basic)
• Houseowner Policy (building)
• Householder Policy (contents)
• Comprehensive Home Insurance (building + contents + liability)

Sum insured

• The rebuilding cost of the house (for building)
• The value of household contents such as furniture, appliances, and personal belongings

Property type

• Landed house, apartment, condominium, terrace, semi-detached, bungalow
• High-rise homes, which may have different coverage considerations

Location of the property

• Urban vs rural areas
• Properties in flood-prone areas may incur higher premiums

Optional add-ons

• Subsidence and landslip
• Riot, strike and malicious damage
• Rent insurance
• Public liability (typically not applicable to basic fire-only policies)

The premium of home insurance depends on factors such as the size and value of your property, its location, building materials, and the coverage options you choose. Basic coverage such as protection against fire or natural disasters is usually available at a standard rate, while adding extra benefits such as coverage for personal belongings or temporary accommodation may increase the premium.

For accurate pricing, request quotes from different insurers and compare coverage and benefits to find the protection plan that suits you best.

There is no universally “best” home insurance in Malaysia; the most appropriate policy varies based on individual factors such as property type, coverage requirements, budget, and risk exposure.

The best home insurance for you is one that:

• Provides an adequate sum insured for your home and contents
• Covers key exposure risks relevant to your location (e.g. flood, fire, theft)
• Has clear policy terms, reasonable exclusions, and flexible add-ons
• Is offered by a financially stable and licensed insurer
• Has a reliable claims service reputation

Generally, home insurance policies that are considered “good” tend to share the following characteristics:

• Fire and flood coverage
• Protection for household contents
• Public liability coverage
• Flexible add-ons
• Transparent and efficient claims process

When planning insurance coverage for your first home, it's important to ensure protection for your property, belongings and liability. Here's step-by-step approach:

1. Assess your needs
2. Choose core insurance types
3. Consider additional coverage options
4. Compare and customise policies
5. Understand terms and conditions
6. Maintain your coverage 

For more infor on the sum insured calculation, please refer to the product brochure. 

Zurich Malaysia provides separate Houseowner and Householder policies, as well as more comprehensive home coverage solutions. 

To learn more about the plans and its benefits, please visit Z-Home Protect, subject to policies terms, conditions and exclusion.

1. Fire Insurance (Basic)

• Covers damage caused by fire, lightning, and domestic explosion
• Commonly required by banks for property loans
• Does not cover flood unless extended

2. Houseowner Policy (buidling)

• Covers the building (walls, roof, fixtures)
• Suitable for owners of landed homes, condominiums, and apartments
• Optional extensions may include risks such as landslide or other specified perils (subject to policy terms)

3. Householder Policy (contents)

• Covers household contents such as furniture, appliances, and personal belongings
• Ideal for homeowners or tenants
• Does not cover the building structure

4. Comprehensive Home Insurance (Houseowner and Householder) has full protection and broader coverage include:

• Building and contents
• Theft, Flood, Liability to third party, Loss of rent and other benefits as additional coverage 

5. Strata / High-Rise Related Coverage

   For condominiums and apartments, the building structure is usually covered under the Management Corporation’s master policy. Individual owners typically need Householder Insurance to protect interior fixtures and contents.

Z-Home Protect offers a wide range of coverage for loss and damage to your buildings and/or contents used solely for residential purposes. 

To learn more about the plans and its benefits, please visit Z-Home Protect.

You can obtain quotation for Zurich Home Insurance through several channels: 

Visit a Zurich Branch office to speak directly with a representative 

• Call us at 1-300-888-622 (Mon–Fri, 8:30 AM–5:15 PM) or email us at callcentre@zurich.com.my to request a policy update.
• Provide your bank loan details so we can update the mortgage clause.
• Adjust your coverage (e.g. building sum insured) according to your bank requirements.
• Submit any documents required by us.
• You can also visit our branch or use our online enquiry channels for assistance.