• How much will it cost me on a monthly basis? –Normally, one pays for a year and you often do not know how much this cost is per month.
• Are there deductibles I must pay before the insurance begins to help cover my costs? Ask the Insurance Company this question!
• What does the policy cover, and what doesn't it?

Do you know in which of these situations your home insurance will cover your loss? (Source: Royal Sundaram Insurance)

• Loss, damage to or destruction of property and home contents due to fire, lightning, explosion / implosion, impact, riot, strike and malicious act, terrorism, and select natural calamities.
• Valuables such as jewellery, cameras, watches etc against all risks.
• Plate glass fixed in doors and window frames is covered against all kinds of accidental breakage.
• Loss or damage to domestic appliances due to electrical and mechanical breakdown.
• Loss of or damage to televisions, VCRs, VCPs, DVD players, personal computers and pedal cycles due to perils like fire, lightning, riot, strike and malicious act, terrorism, natural calamities, burglary, housebreaking, theft and electrical and mechanical breakdown.
• Loss of or damage to accompanied personal baggage by accident or misfortune while traveling anywhere in India.
• Compensation for the insured and his / her family members in the event of the insured person's disablement or death.
• Liability including compensation and litigation expenses in the event of death or injury to any third party, including servants during the course of employment, due to negligence on your part or your family members.