Compare houseowner and householder home insurance in Malaysia.
Compare the top 15 Malaysian home insurance providers, with premiums from RM600 /year. Data current as of 23 October 2026 and updated daily from the Giraffy database.
18 live offers compared from 15 providers, from RM600 /year. Updated daily.
RM600 /year
Great Eastern's comprehensive home insurance with temporary accommodation benefit.
RM600 /year
RM600 /year
RM600 /year
RM600 /year
Etiqa's popular home insurance with online issuance and Takaful variant available.
RM600 /year
MSIG's HomeShield covering special perils (flood, landslide) as standard.
RM600 /year
Tokio Marine's home insurance with all-risk and enhanced theft cover.
RM600 /year
Zurich's home insurance covering structure, contents, and domestic helper liability.
RM600 /year
Allianz's comprehensive householder insurance covering building, contents, and liability.
RM600 /year
Sompo's Home Protector with optional public liability and all-risk extensions.
RM600 /year
Lonpac's straightforward home insurance covering fire, burglary, and flood.
RM600 /year
Hong Leong Assurance's home edge plan with smart home device cover option.
RM600 /year
Takaful Ikhlas house owner and householder combined Takaful plan.
RM600 /year
AIG's home insurance with worldwide contents cover and identity theft protection.
RM600 /year
RM600 /year
RM600 /year
AIA's Shariah-compliant home takaful with building and contents coverage.
RM600 /year
Syarikat Takaful's HomeSecure takaful with buildings and contents cover.
Home insurance protects your property and belongings against risks such as fire, flood, storm, theft and accidental damage. In Malaysia it usually comes in two forms: houseowner insurance, which covers the building structure, and householder insurance, which covers contents inside. Both conventional insurance and Shariah-compliant takaful versions are available. If you have a mortgage, your bank will typically require fire insurance on the structure as a condition of the loan.
Home cover in Malaysia is sold by general insurers and takaful operators, often bundled or offered alongside mortgages. Basic fire insurance is the minimum lenders require, but broader houseowner and householder policies add perils such as flood, which is significant given Malaysia's monsoon flooding. Policies are annual, priced on the sum insured (rebuild cost of the structure and value of contents), location and risk factors. Add-ons can extend cover to specific perils or valuables.
Structure protection — Houseowner cover pays to rebuild or repair your home after fire, storm or other insured damage.
Contents cover — Householder insurance protects furniture, electronics and belongings against theft and damage.
Flood protection — Comprehensive policies can cover flood, a real risk during Malaysia's monsoon seasons.
Takaful option — Shariah-compliant home takaful offers equivalent protection under Islamic principles.
Decide whether you need structure cover, contents cover or both, and set the sum insured to the realistic rebuild cost and contents value to avoid under-insurance. Check which perils are included, especially flood, and read exclusions and excesses carefully. Compare conventional versus takaful, any no-claim considerations, and whether the policy covers alternative accommodation while repairs are made. Ensure it satisfies any mortgage requirement.
MSIG Malaysia, Allianz Malaysia, AIG Malaysia, Tokio Marine Malaysia and Berjaya Sompo are established general insurers offering houseowner and householder policies. Great Eastern Malaysia and Etiqa Insurance and Takaful provide both conventional and takaful home cover, and Tune Protect offers accessible digital home products. Maybank distributes home insurance alongside its mortgage products, convenient for its home-loan customers.
Premiums depend on the sum insured, property type and location, and are generally affordable relative to the protection provided; a typical policy might cost in the region of RM600 a year for combined structure and contents cover on a mid-sized home. Fire-only cover required for a mortgage is cheaper, while adding flood, all-risks or high-value item cover raises the premium. Under-insuring to save on premium risks proportionate claim reductions, so insure to full value.
Home insurers and takaful operators are licensed and supervised by Bank Negara Malaysia (BNM) under the Financial Services Act 2013 and the Islamic Financial Services Act 2013. Policies must include a product disclosure sheet detailing cover, exclusions and excesses. Claims disputes can be escalated to the Ombudsman for Financial Services (OFS). Verify the insurer is BNM-licensed before buying.
Is home insurance compulsory? Not by law, but mortgage lenders require at least fire insurance on the structure as a condition of the loan.
Does it cover flood? Basic fire insurance usually does not; you need a comprehensive houseowner policy or a flood add-on, important given Malaysia's monsoon flooding.
What is the difference between houseowner and householder cover? Houseowner insures the building structure, while householder insures the contents inside; many owners buy both.
The cheapest Home Insurance in Malaysia is RM600 /year from Great Eastern Malaysia.
Giraffy tracks 18 home insurance products across 15 insurers in Malaysia. The lowest tracked price is RM600 /year. Premiums depend on your property type, rebuild or replacement cost, contents value, and local claims history — compare multiple quotes to find the best deal for your specific circumstances.
Buildings insurance covers the structure of your home — walls, roof, floors, and permanent fixtures — against events like fire, flood, or subsidence. Contents insurance covers your belongings inside the home. Many insurers offer combined buildings and contents policies, which is often better value than buying separately.
As a tenant, you're responsible for insuring your own belongings (contents insurance), not the building — that's the landlord's responsibility. Tenants' contents insurance covers your possessions against theft, fire, and accidental damage. Some policies also cover items outside the home.
Standard exclusions include: general wear and tear, damage caused by pests, mechanical breakdown, and damage due to poor maintenance. Flood and earthquake cover is often sold separately — especially in high-risk areas. Always check exclusions carefully — especially for high-value items like jewellery above a single-item limit.
The excess is the amount you contribute towards a claim before the insurer pays the rest. A higher voluntary excess reduces your premium. Make sure you could comfortably pay the full excess amount in an emergency.
Buildings cover should reflect the rebuild cost — what it would cost to demolish and rebuild your home from scratch — not the market value. These figures can differ significantly. Many insurers provide online rebuild calculators; a professional assessment is more accurate for unusual or period properties.