The Best Home Insurance Singapore in 2025

Owning a home in Singapore—whether it’s an HDB flat or a luxurious condo—comes with the responsibility of protecting your property against unexpected events. From fire and theft to accidental damage, home insurance provides the financial cushion you need when things go wrong. With a range of policies available, choosing the right one can be overwhelming. To help you make an informed decision, we’ve curated a list of the five best home insurance plans in Singapore for 2025.

Top Home Insurance Singapore

Tiq Home Insurance by Etiqa

Tiq Home Insurance from Etiqa is a popular choice for homeowners seeking affordable and customizable protection. Available in 1-, 3-, or 5-year plans, this policy caters to a wide range of users, including property owners, renters, and landlords. Coverage includes building structure, renovation, and contents, with extra perks like emergency cash payouts and valuables protection. While its sub-limits for valuables might not suit high-net-worth individuals, it’s an excellent all-around option for everyday homeowners.

• Address: One Raffles Quay, #22-01 North Tower, Singapore 048583
• Phone: +65 6887 8777
• Email: [email protected]
• Hours: Mon–Fri, 9:00 am – 5:30 pm

MSIG Enhanced HomePlus

MSIG’s Enhanced HomePlus plan stands out with its extensive protection for renovations and household belongings, up to a generous S$270,000. The policy also includes additional benefits such as temporary accommodation and moving expenses if your home becomes uninhabitable. It is a safe and well-rounded option that is perfect for houses with expensive interior design and belongings. It also covers medical costs and third-party liabilities.

• Address: 4 Shenton Way #21‑01, SGX Centre 2, Singapore 068807
• Phone: +65 9048 5989
• Email: [email protected]
• Hours: Mon–Fri, 8:45 am–5:30 pm (closed on Public Holidays)

FWD Home Insurance

FWD Home Insurance has built a strong reputation for offering value-packed policies at competitive prices—often 46–51% below market rates. This plan, which offers various choices based on the number of rooms, renovation value, and contents of the property, is specifically designed for HDB and condo owners. While it might not fully meet the needs of affluent homeowners due to lower limits on valuables, FWD shines in areas like pet coverage and domestic helper protection.

• Address: #18-01 Suntec Tower 4, 6 Temasek Boulevard, Singapore 038986
• Phone: +65 6322 2072
• Email: [email protected]
• Hours: Mon–Fri, 10:00 am – 4:00 pm

Great Eastern Home GR8

Great Eastern’s Home GR8 insurance plan is designed for those looking for affordable premiums without sacrificing coverage. With higher-than-normal sub-limits for expensive objects, it’s a wonderful fit for both landlords and tenants. Although it might not be the most budget-friendly for basic HDB flat owners, it provides solid value for money, especially with their current promotion offering a 15% discount on 3-year plans.

• Address: 1 Pickering Street, Great Eastern Centre, #01-01, Singapore 048659
• Phone: +65 6248 2888
• Email: [email protected]
• Hours: Weekdays, 9:00 am – 5:30 pm

Income Enhanced Home Insurance

Previously known as NTUC Income, Income’s Enhanced Home Insurance is one of the most cost-effective options available, particularly for owners of 3-room HDB flats. This policy covers important areas, including building constructions, renovations, and household items, despite its low cost. With several branches islandwide, Income offers accessibility and coverage that caters to various homeowner profiles.

• Address: Multiple locations across Singapore
• Phone: Varies by branch
• Email: [email protected]
• Hours: Branch-specific

Final Thoughts

When it comes to safeguarding your home in Singapore, choosing the right insurance policy is essential. There is a plan that meets your needs, regardless of whether you value cost, comprehensive coverage, or extra benefits like emergency cash or pet protection. Before choosing a provider, carefully consider the type of property you own and the coverage you need. With the right home insurance in place, you can enjoy peace of mind knowing your home is well protected.

Before you go, check out our other article as well!

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