Can an entire society or building be covered under home insurance policy?

[Jagannath Jangam]

Can an entire society or building be covered under home insurance policy?

[Liena Shetty]

Yes, an entire society building can be covered for policy period of 1 year excluding commercial occupancy like shop/office forming part of society building.

[Arti · Accepted solution]

Housing society or a condominium can also take insurance for the entire building complex in its own name.