Best Home Insurance Companies In Kenya

What is a Home Insurance?

Homeowners insurance is a form of property insurance that covers losses and damages to an individual’s residence, along with furnishings and other assets in the home. Homeowners insurance also provides liability coverage against accidents in the home or on the property.

Best Home Insurance Companies In Kenya

JIA is the best insurance company in Kenya which offers home insurance policies to get coverage against loss of assets like ornaments, clothes, furniture, electronic appliances, etc. JIA is the top insurance agency in Kenya which offers protection against liabilities by offering good insurance coverage.

What are the 10 best insurance companies Kenya?

Top Best Insurance Companies In Kenya

  • The Jubilee Insurance Company Kenya.
  • Britam Insurance Kenya.
  • CIC Insurance Group.
  • The AAR Insurance Kenya.
  • Madison Insurance Company Kenya.
  • First Insurance Kenya.
  • Resolution Insurance Company Kenya.
  • Kenya Alliance Insurance Company.

How much is home insurance in Kenya?

For instance, for a house valued at Ksh5 million, one will pay Ksh7,500 in premiums per year while personal property worth Ksh10,000 will cost Ksh100 per year.

Which is the most profitable insurance company in Kenya?

Among insurers listed on the Nairobi Securities Exchange, Sanlam is the most profitable with a claims ratio of 59.4 percent. It is followed by Britam (63.2 percent), CIC (67.2 percent) and Jubilee 69.4 percent.

What are the largest insurance companies in Kenya?

There are 58 insurers and reinsurers in Kenya and the market is dominated by CIC, Jubilee, Britam, ICEA, Lion General and APA Insurance. General insurance dominates the industry, accounting for 60% of industry gross written premiums.