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Property Insurance Online for your Home, Shop, Office & Building
Property insurance online is a quick and reliable way to safeguard your home, shop, or office against unexpected events like fire, theft, natural disasters, or accidental damage. Whether you own a house, run a retail store, or manage an office space, having the right coverage ensures financial protection and peace of mind.
With just a few clicks, you can get coverage against fire, theft, vandalism and accidents by comparing plans, customising coverage and securing your property without any paperwork.
Table of Content
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What is Property Insurance?
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Why Do You Need Property Insurance?
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What are the Benefits of Property Insurance?
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Types of Coverage in Property Insurance Plans
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Types of Home Buildings Covered
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Types of Shops & Businesses Covered
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Who Needs Property Insurance?
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Why Choose Digit for Property Insurance?
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What’s Great About Property Insurance by Digit?
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What’s Covered in Property Insurance by Digit
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What's Not Covered ?
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Digit’s Property Insurance Offerings
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How to Buy Property Insurance
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Documents Required to Buy Property Insurance
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Reasons to Buy Property Insurance Online
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Factors Affecting Premium of Property Insurance
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Compare the Best Property Insurance Plans
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Select the Right Sum Insured for Property Insurance
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How to File a Claim for Property Insurance
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Frequently Asked Questions
What is Property Insurance?

What is Property Insurance?
Property insurance is a type of insurance policy that protects your physical assets, such as your home, shop, office, or building, against loss or damage caused by events like fire, theft, vandalism, natural disasters, or accidental damage. It covers the structure, contents, and in some cases, even third-party liabilities arising from incidents on the insured premises.
Whether it's one’s home, apartment, business, café, or hospital, a property insurance policy is designed to protect the building and its contents.
Just like a helmet protects your head, property insurance safeguards your physical space and belongings from any sudden disasters.
Why Do You Need Property Insurance?
Property insurance is essential because it protects your valuable assets from unexpected financial losses. It also adds a layer of security and peace of mind, knowing that your investments are safeguarded.
Here are some of the reasons to have property insurance:
“You Think Property Insurance Isn’t Necessary?”
If you’re still thinking so, read on…
What are the Benefits of Having Property Insurance?
What are the Benefits of Having Property Insurance?
Protecting your home with home insurance offers several important advantages that go beyond just financial coverage. Here are some key advantages:
- Complete Coverage: A property insurance policy helps protect your property (i.e. your building or store) and its contents, ensuring your pocket is spared from all possible losses. Additionally, many insurance providers also provide add-ons to increase your coverage as per your needs.
- Reduces Business Risks: A property insurance policy also comes with customised ones to protect your shop and its contents, thus reducing the risk of business losses.
- Peace of Mind: Whether it’s your store or your home, both hold a large amount of financial significance. A property insurance policy prevents you from facing significant losses and ensures that you have peace of mind knowing that the insurance company has you covered.
What are the Types of Coverage in Property Insurance Plans?
At Digit, our insurance covers your property and the content for fire and natural calamities, such as floods and earthquakes, through our Go Digit, Bharat Laghu Udyam Suraksha (UIN - IRDAN158RP0079V01202021), Go Digit, Bharat Sookshma Udyam Suraksha (UIN - IRDAN158RP0080V01202021) and Go Digit, Bharat Griha Raksha Policy (UIN - IRDAN158RP0081V01202021) for your Home.
There are three types of property coverage that you can select based on your requirements and financial constraints.
Only Content Cover |
Building + Content Cover |
Only Building Cover |
It provides coverage only for the contents inside your home or business, such as stock, goods, machinery, etc. |
Under this cover, you are fully protected against several threats to the building's structure and contents. |
This policy covers damage to the building's (business & house) basic foundation, walls, and roof, among other structural elements. |
Types of Home Buildings Covered Under Property Insurance
Types of Shops & Businesses Covered Under Property Insurance
Whether you're running a small retail shop or managing a large industrial facility, property insurance provides financial protection for everything. Below are the key types of shops and business buildings commonly covered under property insurance in India:
Who Needs Property Insurance?
Ideally, anyone who owns any type of property, whether it’s the house you’re living in or the offices that are part of your business, should have property insurance. Here’s who should consider it:
Why Choose Digit for Property Insurance?
What’s Great About Property Insurance by Digit?
What’s Covered in Property Insurance by Digit?
What's Not Covered ?
What's Not Covered ?
- Deliberate Damage: The policy does not cover any intentional destruction of the house by the owner or occupants.
- War and Hostilities: Losses resulting from war, invasions, or war-like operations do not fall under the coverage.
- Contamination and Radiation: Damages caused by ionising radiation or radioactive contamination are excluded.
- Excluded Items: The policy does not cover bullion, unset precious stones, manuscripts, vehicles, or explosive substances.
- Claim Processing Fees: Any expenses incurred for preparing a claim, such as documentation fees, are not reimbursed.
- Electronic Damage: Any loss or damage to any electrical or electronic machine caused by internal issues are not covered.
Digit’s Property Insurance Offerings
International travel insurance is categorised based on the purpose of your foreign trip, its duration, the type of coverage and your needs. Here are some common types:
How to Buy Property Insurance with Digit?
Whether you’re buying your insurance policy from our mobile app or website, you can follow these easy steps and secure your home.
Visit and Select Property Type
Go to Digit’s property insurance page or download the Digit App. Select your property type and enter your PIN code and mobile number.
View Prices and Enter Details
Click ‘View Prices’, enter your plan and home building details, and choose your plan.
That’s It!
You will receive a call from Digit’s support team.
Documents Required to Buy Property Insurance
When purchasing a home insurance policy, insurers typically require some basic documents for verification. Below is a list of optional documents that may be needed at the time of purchasing a policy:
Identity Proof
Address Proof

Property Proof
KYC Documents
Why Should You Buy a Property Insurance Plan Online?
Why Should You Buy a Property Insurance Plan Online?
Buying a home insurance plan online offers several compelling advantages. Here’s a breakdown of why it’s a smart move:
- You can explore and purchase insurance plans anytime without visiting a physical office.
- Online platforms offer instant quotes and quick policy generation after payment.
- Online plans often come with discounts and eliminate agent commissions.
- You can tailor coverage to suit your needs by selecting add-ons and adjusting the sum insured.
- Transactions are encrypted and protected through trusted payment gateways.
- Digital documentation reduces paper usage and supports eco-friendly practices.
What are the Factors that Affect the Premium of Availing a Property Insurance Policy?
What are the Factors that Affect the Premium of Availing a Property Insurance Policy?
A Property Insurance premium is primarily affected by the following factors:
- Type of Property: The kind of property you’re insuring will have a direct impact on your property insurance premium. For example, a factory would have a higher premium than that of a General Store due to the difference in the nature of the property to be insured.
- Age of Property: Like any other insurance policy, age is a prime factor in determining premium prices. The newer the property is, the lower its premium would be and vice versa.
- Area of Property: The area of the property to be insured has the highest and direct impact on its property insurance premium. This is because a bigger property will have a higher sum insured and hence a higher property insurance premium.
- Security Measures: Many homes and businesses today opt for various security measures to protect their homes and shops from risks such as burglaries and fires. Therefore, if your home or shop includes this, your risk and, hence, property insurance premium will be lower.
- Additional Coverages: While a Property Insurance policy primarily covers the building and its contents, it also provides coverage for other valuable possessions, such as accidental damage in a shop or jewellery kept at home. You can opt for add-ons that will provide you with better coverage. However, it will increase the property insurance premium.
Tips to Compare & Select the Best Property Insurance Plans
Deciding on the right property insurance plan can be a tricky choice many face. After all, it’s the choice you’re making to protect your lovely home or your dear business! To choose the right property insurance plan, here are the most important things you should compare:
- Access Coverage Benefits: The most important part of your insurance is the kind of coverage you’re getting. You need to know what you will be covered for in the case of an unfortunate event. Therefore, always look at what is covered and what is not covered to help evaluate the most valuable plan to you.
- Compare Sum Insured: Your Sum Insured in a Property Insurance refers to the total amount you’ll be covered for in the case of a claim you make. Therefore, be very wary on the amount you’d like to go for since this won’t only affect your property insurance premium but will also affect the claim amount you will receive in the case of damages and losses!
- Add-ons Available: Sometimes, you need coverage beyond just the basic plan benefits. This is where add-ons come in use. Different insurance providers offer varying ranges of add-ons for individuals to choose from. Compare your options and see what works best for you!
- Evaluate Premium Costs: Compare the annual or monthly premiums across plans, but balance cost with coverage quality.
- Look at Deductibles: Understand how much you’ll need to pay out-of-pocket before the insurance kicks in. Lower deductibles mean higher premiums and vice versa.
- Understand Exclusions: Read the fine print to know what’s not covered, like wear and tear, intentional damage, or certain natural calamities.
How to Select the Right Sum Insured for a Property Insurance?

How to Select the Right Sum Insured for a Property Insurance?
Your Sum Insured refers to the total value of your property; i.e. also the maximum amount you can receive in case of a claim. Therefore, ensure that it accurately reflects the true value of your property. To choose the right sum insured for a property insurance, you must:
- Evaluate the Property’s Market Value: Consider the current market value of the property, excluding the land cost, as insurance typically covers the structure and contents
- Estimate Reconstruction Cost: Calculate how much it would cost to rebuild the property from scratch, including materials, labour, and architect fees.
- Include Valuable Contents: Add the value of household items like furniture, electronics, appliances, and personal belongings that you want covered.
- Factor in Location Risks: If your property is in a flood-prone or earthquake-prone area, opt for a higher sum insured to cover potential extensive damage.
- Account for Inflation: Choose a sum insured that considers future increases in construction and material costs to avoid being underinsured.
Digit makes it to the headlines!
How to File a Property Insurance Claim at Digit?
Filing a claim with Digit is a quick, simple and hassle-free process. We’ve listed out what you can do to file a claim with us:
Call us at 1800-258-5956. We will assist you in filing a claim and investigating the loss or damage as necessary.
Upload the required documents & your bank account details, on the link sent.
After verification, the approved claim amount is reimbursed to you.
Mumbai Fire Claim of ₹31.68 Lakh Settled by Digit in FY 2024 - 2025

Mumbai Fire Claim of ₹31.68 Lakh Settled by Digit in FY 2024 - 2025
A devastating fire at a residential property in Mumbai left the homeowner facing massive damages. With losses mounting, Digit stepped in and settled a claim worth ₹31.68 lakh, one of our highest home insurance settlements in FY 2024 - 2025.
What mattered most was how seamlessly and transparently we handled the process. From the initial claim notification to the final settlement, everything was managed with clarity, speed, and genuine support.
At Digit, it’s never just about the property; it’s about the people who make it home. 🙂
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