Why third party damage cover is essential in your home insurance policy

Some home insurance covers offer this cover as part of the main policy, while in case of some it has to be purchased as an add-on

A fire recently broke out in the building where Deepika Padukone resides in Worli, Mumbai. Many neighbouring properties were also damaged. A home insurance cover comes handy in such circumstances. Most home insurance policies cover risks such as storm, cyclone, fire, explosion, riots, impact damage and malicious damages. But these policies also have their own limitations. It is necessary to understand what they cover and what they don't before you buy one.

A home insurance cover provides protection to both the structure of the house and the contents within it. "Every home should have a building and contents insurance in