Can I hold more than one home insurance surrounded by India? If yes, what is the procedure?
Answers: No. Specific property can be insured beside one company and once at a time. But life insurence can be taken in multiples.
Me, Home insurance covers lots of different things. I'm not identifiable with all the fine print of my homeowners policy, but my home insurance agent is other a phone call away. Try contacting your agent or a homeowners agent in your nouns. http://www.easyhomeinsuranceguide.com They should be able to help you.
with home insurance you can insure the building against fire, natural calamity, earthquake etc. you can also add the household appliances like TV, fridge, wash machine , AC etc for the cover under fire. next add these things against its break down, burglary. If you insure the building alone for a long period enunciate ten years you have to pay individual 50 % of the annualised premium. you can cover the other things in another policy which can include your baggage also by paying annual premiums. So you can own different policies having different covers. But different policy covering same risk have no use.
BUT FOR ONE CSE YOU SHOULD NOT CLAIM .SO IF SOME THING HAPPENS THE POCE VERIFICATION WILL NOT ALLOW .SO BETTER NOT FOR HOUSE INSURANCE . PUT IT ION A BANK?
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