Compare Home Insurance in Saudi Arabia

Live offers

1. Gulf General Home KSA · Gulf General Insurance · SAR 400 /year
2. Wataniya Home Insurance KSA · Wataniya Insurance Company · SAR 400 /year
3. Liva Home Insurance KSA · Liva Insurance · SAR 400 /year
4. Salama Home Insurance KSA · Salama Cooperative Insurance Company · SAR 450 /year
5. ALETIHAD Home Insurance KSA · ALETIHAD Cooperative Insurance Company · SAR 450 /year

Home insurance in Saudi Arabia: October 2026 at a glance

Giraffy compares home insurance from insurers including Tawuniya, Wataniya, Gulf Insurance Group (GIG), Gulf General, Salama, Liva, Malath, Al Rajhi Takaful and AlJazira Takaful. Building insurance covers the structure; it is not a legal requirement for most homeowners, but home finance providers usually ask for it. Contents insurance covers your belongings and is what tenants need. Seven of the nine policies we collected from insurers' own pages cover personal belongings; the Salama and Wataniya policies do not list it.

Extras vary: GIG lists third-party liability up to SAR 2,000,000 and a SAR 50,000 fatal-injury benefit, Gulf General covers liability for accidents involving domestic workers plus loss of rent, Wataniya offers optional loss-of-rent cover for 6–12 months, and Al Rajhi Takaful lists emergency assistance. Before you buy: check how long the home may stay empty — Tawuniya excludes homes left empty for more than 60 days, GIG more than 45 days without notice. Buying a home? Compare home finance or see all insurance.

What is home insurance in Saudi Arabia?

Home insurance protects your property and belongings against risks such as fire, water damage, theft and certain natural events. In the Kingdom it is offered through the cooperative (takaful) model and typically comes in two parts: buildings cover for the structure itself and contents cover for what is inside. It is not legally compulsory for most homeowners, but lenders often require buildings cover as a condition of home finance.

How the Saudi market works

Home insurance is regulated by the Insurance Authority (IA), which became the sole insurance regulator after the transfer of powers from the Saudi Central Bank in 2023 and 2024. Cooperative insurers offer standardised, IA-approved policies, and cover can usually be tailored with buildings, contents or combined options. Because home finance providers often mandate buildings takaful, many policies are taken out alongside a property purchase. Awareness of contents cover has traditionally been lower in the Kingdom than in some markets, so many households insure the structure to satisfy a lender but leave belongings uninsured; a combined policy closes that gap. Villas, apartments and rented homes each have different needs, which is why insurers offer buildings-only, contents-only and combined options.

Benefits

Structural protection — Buildings cover repairs or rebuilding after insured events like fire.

Contents cover — Protects furniture, electronics and valuables against theft and damage.

Finance requirement — Meets lenders conditions on financed properties.

Sharia-compliant — Delivered through the cooperative takaful model.

How to choose

Decide whether you need buildings, contents or both; tenants usually need only contents, while owners often need both. Make sure the sum insured reflects the rebuild cost of the structure and the replacement value of your belongings, not the market price. Compare what perils are covered, the deductible, and any limits on high-value items. Check exclusions carefully, as some events or valuables may need separate cover.

Leading home insurance providers in Saudi Arabia

Tawuniya and Wataniya Insurance are prominent in the home segment, alongside Liva Insurance, Gulf General Insurance, Gulf Insurance Group (GIG), Salama, AlJazira Takaful and Arabian Shield. All operate under IA supervision and the cooperative model. Giraffy tracks live home policies across these providers so you can compare cover and contributions.

What it costs

Contributions on Giraffy commonly range from about SAR 400 to SAR 700 a year, depending on the property value, location, construction, the sums insured and whether you take buildings, contents or combined cover. Higher rebuild and contents values raise the contribution, while a higher deductible can lower it. Ensure the sums insured are adequate; under-insuring to cut the premium can reduce a payout.

Protections and regulation

The Insurance Authority licenses insurers, approves policy terms, and oversees claims handling and consumer protection. Cooperative governance covers the risk pool and any surplus. Accurate disclosure of the property and its contents at application keeps a claim valid, and IA rules require clear terms on covered perils, limits and exclusions. Keeping receipts or photographs of higher-value belongings makes a contents claim easier to substantiate if you ever need to make one, and reviewing the sums insured each year keeps cover in step with what you own.

Common questions

Is home insurance compulsory? Not generally, but lenders usually require buildings cover on financed properties.

Do tenants need it? Tenants typically need only contents cover for their belongings; the landlord insures the structure.

Are floods and fire included? Fire is a standard peril and certain water-related events are commonly covered, but scope varies, so check the perils list and any exclusions before you buy.

Is it Sharia-compliant? Yes. It uses the cooperative takaful model regulated by the Insurance Authority.

Home Insurance in Saudi Arabia — FAQ