A guide to home insurance for tenants in Dubai

Rental contract signed and you’re all set to move in?

Sure, renting a home in Dubai comes with a lot of benefits, such as convenience, flexibility, and access to some of the best residential communities in the city.

However, one thing tenants often overlook is home insurance. While landlords typically insure the building, did you know that their policy doesn’t cover your personal belongings inside the home? That’s where tenant home insurance comes in.

What is home insurance for tenants?

Tenant home insurance is also known as renter’s insurance and is a policy designed to protect your personal belongings and provide coverage for unforeseen incidents.

It’s an added layer of security that ensures you’re not left with financial losses due to unexpected events like fire, water damage, or theft.

Why should tenants get home insurance?

Many tenants assume that home insurance is unnecessary, but here’s why it’s worth considering:

• Protection for personal belongings – Your furniture, electronics, clothing, and valuables are not covered under your landlord’s property insurance. If they get damaged due to an accident, home insurance helps you recover the cost.

• Coverage against fire, theft, and water damage – Accidents happen. Whether it’s a kitchen fire, a break-in, or a water leak damaging your furniture, having insurance means you don’t have to bear the full cost of repairs or replacements.

• Liability coverage
  If an accident in your home causes damage to the property or injuries to someone else, liability coverage can help cover legal or compensation costs.

• Alternative accommodation
  If your rental home becomes unlivable due to any event that comes under your insurance, then some policies cover the cost of temporary accommodation.

How much does tenant home insurance cost?

One of the best things about tenant home insurance is that it’s affordable.

Policies start as low as AED 300–AED 1,000 per year, depending on the coverage amount and provider. The premium varies based on your choice, the value of your belongings and the level of protection you choose.

How do you choose the right insurance policy?

When selecting a home insurance policy as a tenant, consider the following:

• Coverage – Make sure the policy covers the value of your belongings. It’s a good idea to make a list of your high-value items to estimate how much coverage you need.
• Exclusions – Understand what is not covered. Some policies may not cover accidental damage, expensive jewellery, or damages due to negligence.
• Claims process – Choose an insurance provider with an easy claims process.
• Additional benefits – Some policies offer extras like worldwide coverage for personal belongings, protection against accidental damages, or even pet liability coverage.

How to get home insurance in Dubai?

Getting tenant home insurance in Dubai is a simple process:

1. Compare different providers – Leading insurance companies in Dubai, such as AXA, RSA, and Oman Insurance, offer renter’s insurance policies.
2. Choose the right coverage – Select a plan that fits your budget and covers your essential belongings.
3. Submit the required documents – Typically, insurers require your Emirates ID, tenancy contract, and an estimate of your home contents.
4. Make the payment – Once the policy is issued, you’re covered!

While home insurance for tenants is not mandatory in Dubai, it’s a smart investment that provides peace of mind. For a relatively low cost, you can protect yourself from unexpected financial burdens and ensure that your belongings are covered.

If you’re considering renting in Dubai, you can check out our top live listings to find your dream rental!