There are two common mistakes in which money is wasted on insurance to protect your home —
1. over-insuring and
2. selecting the wrong type of policy.
Many people make one or both mistakes.
- RM180 psf of built-up area for double-storey houses,
- RM350 psf for bungalow with standard finishing, and
- RM600 to RM700 psf for bungalow with high-quality finishings.
- fire insurance, and
- houseowner insurance.