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 Home insurance, Newbie need advice

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Win Win Inspiration
post May 23 2017, 09:11 AM

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QUOTE(GadgetzKL @ May 23 2017, 08:16 AM)
Hi All,

Im buying a house and now are in the middle of process.

I'm going for MRTA with Etiqa which already paid and loan are out from bank.

I just received an email from Etiqa asking me to pay RM450+ for a annual housing insurance for sum of insured about 400k.

My question is, is it the price normal as i found some online calculator shows me only cost about 250-350?

If, i would like to get insured by other insurance company is it possible?

Hope someone can guide me on this.

Thanks
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Some of the Condo Management is already purchasing the Housing Insurance for all of its tenants, which in this case, you may request for a copy of the Housing Insurance from your Property Management Office, send it across to the bank, to waive off the Insurance Premium. smile.gif
Win Win Inspiration
post May 23 2017, 09:12 AM

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QUOTE(GadgetzKL @ May 23 2017, 08:54 AM)
House owner insurance
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If the Condo Management Office is purchasing the Housing Insurance on behalf of its tenants, you will be billed the insurance premium together with your maintenance bills.
Hope above helps. smile.gif
Win Win Inspiration
post May 23 2017, 09:26 AM

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QUOTE(GadgetzKL @ May 23 2017, 09:20 AM)
Thanks guys, sorry my bad to not mentioned in my post. My property is a landed double storey.
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Hello mate. smile.gif
Well noted on that, hope that someone with such experience could share over here.

 

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