# Allianz Insurance Singapore Encourages Homeowners to Strengthen Their Home Protection as Residential Fires Continue to Rise

- Link: https://www.thailand-business-news.com/pr-news/allianz-insurance-singapore-encourages-homeowners-to-strengthen-their-home-protection-as-residential-fires-continue-to-rise
- Published: 2026-11-10T15:00:00+07:00
- Author: Media OutReach

SINGAPORE – [Media OutReach Newswire](https://www.media-outreach.com/) – 10 November
2026 – Residential fires in Singapore remain a pressing concern for homeowners. 
Recent data shows that total fires increased 3% year-on-year, rising from 1,990 
in 2024 to 2,050 in 2025, with unattended cooking and electrical faults continuing
to rank as the most common causes.

 As these numbers climb, Allianz Insurance Singapore is encouraging homeowners to
take a proactive look at their home insurance in Singapore and ensure their coverage
reflects the full value of what is inside their home.

 For HDB flat owners, the compulsory HDB Fire Insurance Scheme provides a strong
foundation, covering the cost of reinstating internal structures, fixtures, and 
fittings originally provided by HDB. This is valuable protection that ensures the
flat itself can be restored after a fire.

 But what about the renovation that took months to plan? The furniture, the electronics,
the personal belongings accumulated over the years? These sit outside the scope 
of the compulsory scheme, along with alternative accommodation and personal liability.
In other words, HDB fire insurance protects the structure of the home. It does not
cover what homeowners have invested inside it.

 For homeowners looking to extend their protection beyond the compulsory scheme,
there are options available. Allianz Home Protect is a comprehensive home insurance
plan that picks up where the compulsory scheme leaves off. It covers loss or damage
to home contents and personal belongings caused by fire, water damage, theft, and
a range of other covered perils, with renovations covered up to S$150,000 and home
contents up to S$100,000, with optional add-ons available to extend coverage further.

 If a family needs somewhere to stay while their home is being repaired, the plan
provides for that too. For added peace of mind, homeowners are also covered by worldwide
personal liability of up to S$2,000,000 should damage from their property affect
others. Plans start from S$8.18 per month, inclusive of 9% GST.

 As residential fires continue to rise, homeowners may wish to review whether their
current coverage reflects the full value of the home they have built.

 For more information on Allianz Home Protect, visit: [https://www.allianz.sg/individual-solutions/allianz-home-protect.html](https://www.allianz.sg/individual-solutions/allianz-home-protect.html)

 _Coverage is subject to the terms, conditions, and exclusions of the Allianz Home
Protect policy. Please refer to the Policy Wording for full details. This policy
is protected under the Policy Owners’ Protection Scheme which is administered by
the Singapore Deposit Insurance Corporation (SDIC). This advertisement has not been
reviewed by the Monetary Authority of Singapore._ 
Hashtag: #AllianzInsuranceSingapore

[https://www.allianz.sg/](https://www.allianz.sg/)
[https://www.linkedin.com/company/allianzinsuressg/](https://www.linkedin.com/company/allianzinsuressg/)
[https://www.facebook.com/allianzsg](https://www.facebook.com/allianzsg)[https://www.instagram.com/allianz.sg/](https://www.instagram.com/allianz.sg/)

The issuer is solely responsible for the content of this announcement.

#### About Allianz Insurance Singapore Pte. Ltd.

At Allianz Insurance Singapore, we aim to secure the future and create a positive
impact on society and the environment by leveraging our expertise in risk management.
As we work toward strengthening our position as one of Singapore’s leading risk 
solutions providers, we deliver innovative and customer‑focused protection solutions
for individuals, SMEs, and mid‑corporate clients – spanning Motor, Home Content,
Travel, Personal Accident, Cancer, Hospital Income, and a comprehensive suite of
commercial insurance offerings.

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**Source** : [Allianz Insurance Singapore Encourages Homeowners to Strengthen Their Home Protection as Residential Fires Continue to Rise](https://www.media-outreach.com/news/singapore/2026/11/10/500509/?rand=186006)

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