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Why Is It Important To Have Home Insurance?

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The house you live in is one of your most valuable possessions. You love it for all of its memories and comforts. The most important thing you can do is to ensure that it is completely secure.  In spite of the best security measures, there is always the possibility of theft, damage, and natural disasters, particularly fire, that we can never fully prevent. There are many ways in which these things can affect our lives and destroy our homes. 

“Last year, Cambodia experienced 670 fires that killed 19 people and injured 35. According to the Fire Prevention and Rescue Police Department, the number of fire incidents last year was a tremendous drop as compared with the 937 cases in 2020 Khmer Times reported.

Protecting your home and family comforts is what home insurance is all about. Many of you will have saved for years in order to get the house of your dreams. In the case of a fire, you wouldn’t be able to afford to make repairs without insurance, which is why it’s so critical.  The insurer will pay for the repair or reinstatement of your lost property after a survey to assess the damage. With property insurance you guarantee the integrity of your real estate investment and ensure you are still in business in case of loss. 

To help you understand why this is true, we’ve listed the reasons you should have home insurance.

  1. The protection is not just for your home Coverage Inside and Outside, A home insurance policy protects not only the house from physical damage but also the items inside it.
  2. It replaces your loss

    Home insurance gives you financial security as well as the benefit of replacing your insured belongings. Depending on the home insurance policy you’ve chosen, you can now have your damaged property replaced instead of simply
    claiming an equivalent amount of money for your loss.
  3. It protects you from lawsuits

    Depending on the type of policy you choose, you can protect yourself and your family from property-related lawsuits. In the unfortunate event that you accidentally damage another property, such as a fire, your home insurance will cover you. Additionally, it will cover any medical expenses incurred by guests injured on your property.


  1. Peace of Mind

Getting your home insured provides you with the ultimate luxury of peace of mind. protecting your property is no longer your responsibility.


  1. It is affordable

A Home Insurance policy is one of the most affordable insurance policies. This small investment will protect your house against losses. There are several companies offering Home Insurance policies. Depending on the coverage offered, it is possible to choose the best Home Insurance policy for your home.


AG Cambodia, offering Home Insurance in Cambodia, provides exclusive package solutions to cover your condo or your house including Public Liability, Multi Risks content protection ( including theft), and Home helper accident cover.

Protect Your Home: Book an appointment online now

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