For peace of mind, get property insurance

The exterior of one of the houses in Ruby Estate in Kibos, Kisumu County. Insurance firms have now come up with policies that are closely tailored to meet customers’ requirements. PHOTO | TOM OTIENO | NATION MEDIA GROUP

What you need to know:

  • You can insure a variety of properties, including residential building, offices and warehouses, as well as the assets inside.
  • Insurance firms have settled a lot of claims, so word has gone round on the importance of insuring property.
  • Kenyans should understand the items covered and how much is due to them. To do this, they should read the policy documents thoroughly to understand what domestic cover entails and the client’s rights as well as the responsibilities of the insurance company.

So you’ve built your dream house with a jacuzzi, gym and all the other trappings you had always dreamt of.

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