General insurance What is the differences between home and property insurance

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Phabbyfundz

Active member
This is a topic I want us to discuss about as I would like to say that at some pint we do wonder what individual benefits do this two form of Insurance home insurance and property insurance going to offer to the client. Don't they offer similar benefit and would one maybe property insurance stand in the place of home insurance.
Home insurance in would say is a type of insurance that serve as a form of indemnity against a future occurrence of uncertain event related to the home, also property insurance also serve for similar purpose as it offer a form of indemnity against a future occurrence affecting the clients properties or personal belongings and these property also include the homes or area of residence as long as it is the legal property of the clients.
 

btaliat

VIP Contributor
Home insurance is still under property insurance. It covers anything that may happen to the house that is insured. It mayn be done against flood or even fire. While property insurance covers anything that one can classified as property, which may be farm, land or even house as the case may be.
 

Chibson

VIP Contributor
Home insurance is simply the type of insurance that covers any unforeseen circumstances that may happen to your house or home. Property insurance on the other hand, covers anything that relates with property which sometimes may include your homes and in some cases it may not be included depending on the kind of premium purchased.
 
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