Find the Best Home Insurance in Hong Kong 2023

Whether you are a homeowner or tenant, our compiled list of policies caters to a variety of needs, including property damage, personal belongings protection, liability coverage, and many more. Apply now on MoneyHero for a peace of mind!

HomeChoice Insurance Plan Householder Insurance

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sq. ft.

Min. Gross Floor Area

sq. ft.

Max. Gross Floor Area


Max. Household Contents Cover


Annual Premium

Original Price:HK$870
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Water pipe leakage coverage is usually categorized into Property loss due to water leakage and Maintenance cost of pipe, different insurance companies provide different level of coverage:

Insurance Compny Property loss due to water leak 24 hours emergency service (Maintenance cost of pipe)
Allied World Water draining system maintenance
AXA Referral only*
Dah Sing Water draining system maintenance
MSIG ✓^ Referral only
Zurich Water supply system maintenance

*The relevant cost will only be covered if the pipe is your own improvement but not the original structure.

Besides, if the water from the burst pipe damages the property of your neighbour, such as the apartment downstairs, AXA will cover your liability for such damage.

Before you decide which plan to buy, you have to first consider the "Household Content Cover". The maximum benefit could vary from HK$500,000 to HK$1,500,000 and some insurance companies' coverage are depending on the property area.

Insurance Company (Plan) Home Content Cover
Allied World(Plan I) $600,000
AXA (SmartHome Optimum) $750,000-$1,500,000*
Dah Sing (Plan B) $600,000
FWD (Easy HomeCare ) $500,000
MSIG (Plan B) $750,000
Prudential (Harmony) $500,000
Zurich (Standard) $750,000-$1,250,000*
CHUBB MyHomeGuard Plan A - High Risk House $300,000

*Varies from gross floor area

In addition, each company will set a maximum limit for each property. Usually, there are two types of property including "Personal effects" and "Valuables". Most of the insurance companies will set a maximum limit for "Valuables" in between HK$150,000 to HK$ 250,000 per year.

Insurance Company (Plan) Personal Effects Cover^ Valuables Cover^
Allied World(Plan I) $30,000 $10,000
AXA(SmartHome Optimum) $150,000 $15,000
Dah Sing (Plan B) $3,000 $15,000
FWD (Easy HomeCare ) $100,000 $10,000
MSIG (Plan B) $100,000 $15,000
Prudential (Harmony) $50,000 $10,000
Zurich (Standard) $20,000 $20,000
CHUBB MyHomeGuard Plan A - High Risk House $100,000 $10,000

^Each item

One of the benefits of buying a home insurance is your personal belongings could be covered even you are not in Hong Kong (when you are in a business trip or travelling around the world). The benefit is up to HK$5,000 to HK$20,000. However, only MSIG, Dah Sing and Prudential provide free covereage for worldwide personal belongings, and Zurich provides optional plan with additional price so you could choose the coverage that suit you the best.

Insurance Company (Plan) Personal Effects and ValuablesCover
Allied World (Plan I) $5,000
AXA (SmartHome Optimum) $30,000
Dah Sing (Plan B) $15,000
FWD (Easy HomeCare ) Not applicable
MSIG (Plan B) $11,250
Prudential (Harmony) $10,000
Zurich (Standard) Optional coverage, depends on additional premium
(free coverage for mobile, tablet and laptop)
CHUBB MyHomeGuard Plan A - High Risk House $2,500

Besides, majority of insurance companies will list the coverage and maximum limit per policy year for "Loss of Personal Money", "Unauthorized use of Credit Card" and "Loss of Personal Documents" separately.

Insurance Company (Plan) Loss of Personal Money Unauthorized use of Credit Card Loss of Personal Documents
Allied World (Plan I) $2,500 $2,500 $2,500
AXA (SmartHome Optimum) $2,500 $10,000 $1,500
Dah Sing (Plan B) $1,500 $3,000 $1,000
FWD (Easy HomeCare) Not applicable Not applicable Not applicable
MSIG (Plan B) $2,500 $10,000 $1,000
Prudential (Harmony) $2,000 $2,000 $1,000
Zurich (Standard) $5,000 $20,000 $5,000
CHUBB MyHomeGuard Plan A - High Risk House $2,500 $2,500 $2,500

Each insurance companies has its own handlig for the coverage of domestic helper's effect. For example, Allied World and FWD list in details the maximum coverage for each item in each policy year but MSIG only lists the maximum coverage. Besides, domestic helper's effect is included in household content coverage in Prudential, CHUBB and Zurich's plan, while it is excluded in Dah Sing Insurance's plan.

Insurance Company (Plan) Domestic Helper's Effect Cover (Maximum Limit/year) Domestic Helper's Effect Cover (Maximum Limit/item)
Allied World (Plan I) $10,000 $2,500
AXA (SmartHome Optimum) $25,000/each helper $1,000
Dah Sing (Plan B) X X
FWD (Easy HomeCare ) $5,000 $1,000
MSIG (Plan B) $5,000 Not applicable

Dah Sing home insurance includes "Pet Cover" which cover medical expenses of your pet including out-patient and laboratory test. Dah Sing Plan B & Plan C could provide maximum of HK$3,500 benefit per year. Maximum cover for outpatient expenses is HK$300 per day, while maximum cover for X-Ray and Laboratory test is HK$2,000 (HK$1,000 per visit per day).

However, this is an optional coverage with HK$600 premium per year for each pet.

You could enjoy up to 20% discount by buying home insurance via Moneyhero for Allied World, Zurich and Dah Sing Insurance Plan now!

For the event terms and conditions, please visit here.

  • Buy home insurance at a cheaper price and save up to HK$700.
  • Enjoy higher household contents coverage, the difference can be up to HK$ 10,000,000.
  • Compare with MoneyHero to save time and money with our quick and easy recommendation service.