Home insurance covers expenses that occur when something unexpected or
accidental happens to your home and/or your belongings. That means that you'll
receive financial protection against losses due to theft, fire, wind damage
and much more.
There are many benefits to having good home
insurance and there are just as many reasons why it is a good idea to have
home insurance.
The Benefits of Home Insurance
- It protects
your most valuable asset
- It provides liability coverage
- Pays to
replace personal belongings
- Human Error, Negligence, or Interference
-
Natural Disasters
- It is affordable.
What you pay for your
home insurance premiums will depend on factors like how much coverage you want
or even the location of your home, amongst many other factors. When you
consider all the damage that can happen to your property, the cost of the
property insurance premium is a small price to pay.
There are
several companies offering Home and Property Insurance policies in Nepal.
Depending on the coverage offered, it is possible to choose the best Home
Insurance policy for your home.
Documents Needed for Home Insurance:
The main documents required while applying for home insurance are as
follows:
> Homeowner details
> Certificate of citizenship of
house owner
> Land Ownership Certificate (Lalpurja)
> Four
boundary open document (Char Killa Pramanit)
> Approved house map
There
are several companies offering Home and Property Insurance policies in Nepal.
Depending on the coverage offered, it is possible to choose the best Home
Insurance policy for your home.
1. Rastriya Beema Company Limited (RBCL)
Rastriya Beema Sansthan (Pvt. Ltd.) was established on the 1st of Poush, 2024 BS with the investment of the Government of Nepal. The Sansthan had started the business of non-life insurance on Falgun 11 of the same year. After the enactment of the Rastriya Beema Sansthan Act in 2025 BS, it was transformed into the Rastriya Beema Sansthan.
- Property Insurance:
Property is insured for financial compensation for loss of house, equipment, tools, goods and other movable and immovable property due to fire, lightning, earthquake, explosion, hurricane, flood etc.
Contact:
- Address: RBCL Building, Ramshahpath, Kathmandu
- Phone: 00977-1-4258866 (Hunting Line),
- Email: info@rbcl.com.np
- Web: www.rbcl.com.np
2. Shikhar Insurance Company Limited (SICL)
Shikhar Insurance Company Limited (SICL) was established on Mangsir 2, 2061 by a team of mindful enthusiasts. SICL is a company with a vision geared up to face every challenge that persists in the insurance industry.
- Property Insurance:
Property Insurance provides coverage against loss or damage caused by Accidental Fire, Lightning, Earthquake, Explosion, Storm, Flood, Landslide, etc. On payment of an additional premium, this policy can be extended to cover the loss or damage caused by Riot & Strike, Malicious Damage, and Terrorism. Buildings, offices, and other properties like stationery, furniture, equipment, etc. can be insured under this policy.
- House Insurance:
Home Insurance is one of the most reliable ways to ascertain the safety of your home from unexpected damages that may occur. It is a type of policy that covers the losses and damages to an individual’s house and assets in the home upto the sum insured of 2 crores.
- Address: Shikhar Biz Centre Fifth to Seventh Floor, Thapathali
- Phone Nos.: 4246101, 4246102, 4246107,
- E-mail: shikharins@mos.com.np
- Web.:shikharinsurance.com
3. NECO Insurance Company Limited (NIL)
Neco Insurance Ltd. is a limited liability company registered under the Companies Act, 2021 BS. It was established on 1stPoush, 2051(16th December, 1994). It has been operating general insurance business in Nepal since 17thJestha, 2053 (30th May, 1996) as per the license granted by Insurance Board of Nepal.
- Property Insurance:
This Policy covers the expenses incurred loss, damage, destruction of a covered property as a result of the operation in the fires or other defined perils up to an agreed amount. This policy is also designed to protect from damage in Stocks, Building, Shops, Hotels, Schools, Furniture, Godown, Factories, Industries , Machinery items, etc. Policy can be extended to cover certain additional risks and expenses at additional premium.
Contact:
- Address: Anamnagar, kathmandu, Nepal
- Phone: 4770127, 4770238, 4770462, 4770583, 4770595
- E-mail: info@necoinsurance.com.np
- Website:https://neco.com.np/
4. Premier Insurance Company Limited LTD.
Premier Insurance Company (Nepal) Limited is a Public Limited Company incorporated in 1994 AD. It is an ISO Certified Company promoted by prominent trading and the business group as well as industrialists who have diversified their activities in areas such as Banking, Hotels, Rolling Mills, Real Estate, Electronics, Distilleries, and multinational companies.
- Property Insurance:
The risk with this policy covers nearly almost all kinds of natural calamities along with Impact damage, aerial damage, RSD/MD/ST risk, theft/burglary, explosion/implosion damage, self-combustion, and Missile Testing Operation damage.
- House Insurance:
The company offers one of best home insurance in Nepal
- Address: Premier Bhawan, Naxal, Kathmandu, Nepal
- Phone: 977-1-4413543, 4439353
- E-mail: premier@picl.com.np
- Website: www.premier-insurance.com.np
5. Sagarmatha Insurance Company Limited (SIC)
Sagarmatha Insurance Co. Ltd., First Foreign Joint Venture Company of Nepal in General Insurance industry, incorporated in 1996. Its Joint Venture Partner, Ceylinco Insurance PLC, is a leading insurance company in Sri Lanka. This company is recognized as an industry leader in product innovation, insurance claims management and awarded as one of the top four general insurance companies in Asia competing with over 1,000 insurance companies.
Products:
- Property Insurance
- Home Insurance
Contact:
- Address: Bhagwati Marg, Naxal, Kathmandu, Kathmandu, Nepal
- Phone : +977-1-4412367, Fax : +977-1-4412378
- Email : info@sagarmathainsurance.com.np
- Web: www.sagarmathainsurance.com.np
6. Siddhartha Insurance Company Limited (SIL)
Siddhartha Insurance Limited (SIL) is one of the renowned non-life (general) insurance companies in Nepal with a strong presence in the form of 94 Branches & Corporate at Siddhartha Insurance Bhawan, Babarmahal, Kathmandu.
- Property Insurance:
This is a comprehensive policy that covers property such as residential houses, factories, shops, showrooms, hospitals, stocks and other forms of assets against fire and lightening related, storm related, water related, land related, subsidence related, Explosion related etc risk.
- Address: Babarmahal (Hanumansthan), Kathmandu
- Phone: 4257766, 4256190, 4254547, Fax: 977-1-4257776
- Email: info@siddharthainsurance.com
- Web.: www.siddharthainsurance.com
7. NLG Insurance Company Limited (NLG)
NLG Insurance Company Limited is a part of National Life & General Insurance(NLGI) incorporated in 1988 to conduct Life as well as General business, as composite insurance company.
Property Insurance:
Your valuable properties (building, machine, furniture & fixtures, stock etc) take years to build and needs your careful planning in terms of its protection. It supports not just your livelihood, but that of all individuals and their families directly and indirectly connected with it. Good sense would dictate that it is adequately protected with a Property Insurance Policy from NLG. The Standard Property Insurance Policy covers loss or damage caused by Fire, Earthquake, Lightning, Riot, Strike and malicious damage, Terrorism etc. to the insured property, including computers and ancillary equipments.
Home Insurance:
This policy is issued for purely residential building or apartment or temple, place of meditation up to Sum Insured Rs. 2 crore
Contact:
- Address: Lazimpat, Kathmandu, Nepal
- Phone: 977-1-4416427, 01-4442646, 01-4006648
- E-mail: info@nlg.com.np
- Web.: www.nlg.com.np
8. Prabhu Insurance Company Limited (PRIN)
Prabhu Insurance Limited is one of the leading non-life insurance company has established in Nepal. It has been founded in 2053 B.S by leading Industrial and Business Houses of Nepal.
- Property Insurance:
Property insurance covers all kinds of mobile and immobile property having pecuniary value which includes buildings, plants, machinery, furniture, fixtures and fittings, household articles, stocks and merchandise etc.
- House Insurance
Under this insurance the company will indemnify the insured against loss of or damage to the private dwelling house and the household contents therein by any of the following perils without an extra premium. The main objective of this is to protect the fixed assets of the service holders.
- Address: Tinkune, Kathmandu, Nepal
- Phone: 977-1-5199220, 5199226
- Email Us: info@prabhuinsurance.com
- Web: www.prabhuinsurance.com
9. Nepal Insurance Company Limited (NICL)
Nepal Insurance Company Limited, a pioneer non-life insurance company of Nepal was established on 1947 A.D. by Nepal Bank Limited (the first commercial Bank) and the general public with 51% and 49% shares respectively.
- Property Insurance
Property Insurance provides the coverage against loss or damage caused by Accidental Fire and Lightening. The properties that can be insured under this insurance are Office & Residential Building, factory Building, Plant & Machinery and various types of equipment. Standard Fire Insurance policy covers perils: Fire, Lightning, and Earthquake. It may include coverage against loss by windstorm or earthquake and other allied risks when such risks are covered by an extension to fire insurance policies or under separate policies.
- Household Insurance
Household insurance is a type of property insurance that covers a private residence. It is an insurance policy that combines various personal insurance protections, which can include losses occurring to one’s home and its contents as well as liability insurance for accidents that may happen at the home or at the hands of the homeowner within the policy territory. It is beneficial to those clients who use their home only as a purpose of residence and the premium rate is low in comparison to the fire insurance policy. But this policy is not valid in case the house is used for commercial purpose.
Contact:
- Address: 35 Kulratna Marg-3453 (Kamaladi), Kathmandu Nepal
- Phone: 4221353, 4228690, 4245565/68
- Email: nic@wlink.com.np
- Web: http://en.nepalinsurance.com
10. Everest insurance Company Limited (EIC)
Everest Insurance Company has served for more than 2 decades ensuring on world-class property and casualty insurance products and services.
- Property Insurance:
This policy covers the risk of damage to physical property from fire, lightning, explosions, etc. In addition, the insurance covers natural disasters (earthquakes, floods, landslides, hurricanes, etc.) as well as risks from human-caused damages such as riots, strikes, vandalism, hate, terrorism, and destructive acts.
- House Insurance:
This insurance policy provides financial protection in case of loss due to fire or other natural calamities in residential buildings or apartments or temples, meditation areas and their contents, equipment, etc.
Contact:
- Address: Hattisar, Kathmandu, Nepal
- Phone: 01–4444717, 4444718, 4445088, 4445090, 4445091, 4445092, 4444648, 4444649, 4444651, 4444652
- Email : info@eic.com.np
- Web: https://everestinsurance.com/
11. Lumbini General Insurance Company LTD. (LGIL)
Lumbini General Insurance Company was incorporated in 2005 (2062 BS) by prominent Businessmen, Industrialists, Financial Institutions & Commercial Banks and First Ex-Governor Himalaya SJB Rana as Founder Chairman.
- Property Insurance:
Property Insurance is a contract of indemnity against loss due to Fire, Lightening, Earthquake, Flood, Inundation, Landslide, Storm, Hurricane, Aircraft Damage, Impact Damage, Explosion, Implosion, self-Ignition, Riot, Strike Damage, Malicious Damage, Sabotage/Terrorism to the insured Building and Property.
Contact:
- Address: Gyaneshwor, Kathmandu
- Phone: 4411707, 4412004, 4433214
- E-mail: info@igic.com.np
- Website: www.lgic.com.np
12. Himalayan General Insurance (HGI)
Himalayan General Insurance Co. Ltd. commenced operations in December 1993 to write Insurance Policies after obtaining license from the Insurance Board of Nepal to underwrite General Insurance (Non-life).
- House Insurance:
Your Home is your special space of warmth created by the perfect blend of people, emotions and objects. Home Insurance Policy covers private residential home and/or it’s household contents (including computers and ancillary equipment) against losses due to insured perils.
Contact:
- Address: Babarmahal, Kathmandu, Nepal
- Phone: 231788 , 4213015
- Email: ktm@hgi.com.np
- Web:https://hgi.com.np/
13. Ime General Insurance Company Limitd (IGI)
IME General Insurance Limited is established as General Insurance Company promoted by a team of reputed industrialist and Business Houses involved in various fields like Banking, Trading, and Hydropower etc. For nearly 15 years, IME General Insurance Limited has helped individual and institutional customers to grow and protect their wealth.
- Property Insurance:
The company offers one of the best property insurance policies in Nepal.
Contact:
- Address: Narayanchaur, Naxal, Ward No 1, Kathmandu Nepal
- Phone: +977-1-4411510, 4411520, 4411735, +977-1-4425508, 4425509
- Email: info@iginepal.com
- Web: www.iginepal.com
14. Prudential Insurance Company Limited (PICL)
Prudential Insurance Company Limited is a public limited company registered on November 30, 2000, under the Company Act, 2063. The Company’s registered office is located at Birgunj, Parsa. The company is run by the professional team having wide experience in General Insurance providing satisfactory insurance services to a wide range of customers.
- Property Insurance:
Property insurance is a broad term for a series of policies that provide either property protection coverage or liability coverage for property owners. Property insurance provides financial reimbursement to the owner or renter of a structure and its contents in case there is damage or theft—and to a person other than the owner or renter if that person is injured on the property.
Contact:
- Address: Kamaladi Complex, 1951, Kamaladi-30383 Kathmandu-31, Nepal
- Phone: +977-1-4212940, +977-1-4212940
- Email: prudential@wlink.com.np
- Website:www.prudential.com.np
15. United Insurance Company Limited (UIC)
United Insurance Co. (Nepal) Limited is an ISO 9001:2000 certified insurance company.The company has started its operation from December 1, 1993 (Mangsir 16, 2050) after its registration with the Company Registrator's Office and approved by Insurance Board.
- Property Insurance:
Property Insurance Policy is a comprehensive policy that covers property such as Buildings, Factories, Shop, stocks, Showrooms, Hospitals and other forms of assets against natural perils such as Fire and lightening related, Storm-related, Water-related, Land related, Subsidence related, Explosion related, Riot, Strike &Terrorism related risks.
Contact:
- Address: Trade Tower, Fourth Floor, Thapathali, Kathmandu, Nepal
- Phone: 5111111 (Hunting Line)
- E-mail: uic@mail.com.np
- Website: www.unitedinsurance.com.np
16. AJOD Insurance Limited
AJOD Insurance Limited was set up under the Insurance Act of 1992 (2049 B.S.). Getting license and approval from Insurance Board of Nepal (Beema Samiti), it was formally established in 2008 (2064 B.S.) and officially started its operation from 21st Ashadh 2075 (5th July, 2018).
- Property Insurance:
A Property Insurance Policy is a comprehensive policy which covers property loss or damage due to human and natural risks such as Fire and Lightning, Earthquake, Landslide/Rockslide, Storm/Hurricane, Flood and Inundation, Aircraft damage, Impact damage Explosion/Implosion, Riot, Strike Damage, Malicious Damage, Sabotage and Terrorism and all kinds of natural calamities.
Contact:
- Address: CTC Mall (7th Floor), Baagdurbar Marga, Sundhara, Kathmandu
- Phone: 977-01-4233743, 4243303, 16600186496 (Toll Free No.)
- Email: info@ajodinsurance.com
- Web: http://www.ajodinsurance.com
17. General Insurance Company Nepal
General Insurance Company Nepal Ltd. has been registered with Company registrar’s office, Nepal Government as on 26th November 2007 and also received Certificate of Beema Samiti (Insurance Board) on 7th February 2018.
- Property Insurance:
Property Insurance is the protection from any kind of moveable or immovable property which sould have pecuniary value . such as – Building Plant Machinery,Shops ,Stocks,Factory,Furniture & Fixture,Household etc.
Contact:
- Address: Hattisar, Kathmandu, Nepal
- Phone : 01-4443944, 01-4445844
- Email :info@generalinsurance.com.np
- Website: https://gicnepal.com/
18. Sanima General Insurance Company Limited
Sanima General Insurance Ltd. is incorporated under the Companies Act and Insurance Act as a Public Limited Company with the objective of providing accessible, affordable, prompt and fair non-life insurance services. We had commenced our business operations since July 2018.
Products:
- Property Insurance
- Home Insurance
Contact:
Address: City Express Complex, Kamaladi, Kathmandu, Nepal
E-mail: info@sanimageneral.com
Web: https://www.sanimageneral.com/
19. Oriental Insurance Company Limited
The Oriental Insurance Company Limited is operating in Nepal since 1956 as an extended arm of its parent organisation back home in India which is a public sector non-life general insurance company under the Ministry of Finance, Government of India. It started as a Branch Office operation in Kathmandu as its base.
- Property Insurance:
This is a comprehensive policy that covers property such as residential houses, factories, shops, showrooms, hospitals, stocks and other forms of assets against fire and lightening related, storm related, water related, land related, subsidence related, Explosion related etc risk.
Contact:
- Address: Sunrise Bizz Park,1st Floor, Charkhaal, Dillibazar, Kathmandu, Nepal.
- Phone: 9851021810, 4416815, 4416439, 4418578, 4420402
- Email: oriental@wlink.com.np
- Web.: www.orientalinsurance.com.np
20. National Insurance Company LTD
National Insurance Company Limited is the Centennial Insurance Company in India operating since 1906. It is one of the leading Public Sector Non Life Insurance Company of India, Headquartered in Kolkata, having only foreign branch office in Nepal.
Contact:
- Address: Tripureshwor, Kathmandu, Nepal
- Phone: 0977-1-4260366, 4250710, 4254045
- Mail Us : info@nicnepal.com.np
- Web.: www.nicnepal.com.np
