Better Homes, RSA to offer insurance cover
DUBAI - Better Homes has announced a strategic alliance with insurance giants RSA. The move comes in the wake of figures that show insurance penetration levels for the UAE are on the average 5 per cent.
Billy Rautenbach, Director of Operations at Better Homes commented, "Historically people came to Dubai with the intention of only staying for a short-period of time, they lived in rented accommodation and didn't invest too heavily in the contents and therefore saw no need to take out insurance". However, now that things are changing and expatriates are making permanent homes in Dubai there is a growing demand for insurance services. Added to this, recent incidents of flooding and fires have left homeowners and business open to genuine hardship due to a lack of insurance and low quality coverage.
Rautenbach stated, "it's so important for property owners and tenants to have adequate insurance. We recognised that our clients were having trouble accessing a first class product so found them one that can be offered directly at the time of purchase or lease, with the added advantage of a 20-30 per cent saving against market rates".
The insurance cover includes elements such as accidental damage caused by fire and floods and has been designed to accommodate spaces from bedrooms through to villas and at prices starting from Dh190 per annum, is definitely among the cheapest in the market. In addition, it is offered via a hassle free, paperless process, where clients receive a complimentary quote based on their property requirement.