Fire Insurance
Building-structure cover for HK residential, commercial and industrial properties. Rates from 0.03% — and we deliver the policy to your bank for free.
- Rates as low as 0.03%
- Free bank-submission service
- Same-day Certificate of Insurance
- 30+ HK insurers compared
Even without a mortgage, you still need fire cover.
Many Hong Kong owners assume fire insurance is only needed while a mortgage is in place. Once the bank requirement falls away, the policy is allowed to lapse — leaving the building structure completely uninsured.
The 2025 Wang Fuk Court fire in Tai Po is a sobering reminder. Many affected residents had no fire insurance on the structure of their own units, and now face the prospect of bearing reinstatement and reconstruction costs personally — a financial shock of millions of HK dollars per family.
Fire insurance is among the most affordable policies in Hong Kong — often a few hundred dollars a year. The cost of going without it can be life-changing.
Wang Fuk Court fire (Tai Po, 2025)
- A serious high-rise fire causing widespread structural damage across multiple blocks.
- Many residents had let fire insurance lapse after fully repaying their mortgage.
- Uninsured owners must fund reinstatement, debris removal and reconstruction from their own pocket.
- A fire policy that may have cost less than HK$1,000 a year could have prevented losses in the millions.
Properties we insure
Residential, commercial, industrial and warehouse — we place fire cover across every common HK property class.
Core fire cover, structured for HK banks
Sum insured set on a reinstatement-cost basis, with mortgagee endorsement and the optional extensions HK banks commonly request.
Fire, lightning & explosion
Core peril cover for building structure damage caused by fire, lightning strike and explosion — the foundation of every mortgage fire policy.
Reinstatement cost basis
Sum insured set to the rebuild cost of the property (materials, labour, debris removal and professional fees) so that a total loss can be made good.
Mortgagee endorsement
Bank or finance company added as Mortgagee on the policy — meeting the standard requirement of every HK lender on completion day.
Optional extensions
Typhoon, flood, water damage, riot & strike, malicious damage and impact extensions available — often required by banks for specific property types.
Low rates, and we handle the bank for you.
Free policy delivery to your bank
We send the original policy and Certificate of Insurance directly to your mortgage bank or finance company — at no cost — so completion is never held up.
Bank requirements, matched first time
Send us the bank's requirement letter. We arrange the sum insured, mortgagee clause, perils and any special endorsements so the policy is accepted on first submission.
Rates as low as 0.03%
By comparing 30+ HK insurers and leveraging 40 years of underwriting relationships, we secure rates from 0.03% of the sum insured for qualifying residential and commercial properties.
Check your building's Construction Class — it directly affects your claim
Especially for warehouses and industrial buildings. HK fire policies classify the insured building into Class I, II or III based on walls and roofing. The wrong class on the schedule can void or reduce a claim.
Massive
Walls AND roofing fully built of concrete, brickwork and/or stonework throughout.
Semi-massive
Roofing of asbestos plate or metal sheet, with close-ended walls of metal sheet, concrete, brick or stone.
Inferior structure
Any structure outside Class I & II. Open storage is automatically treated as Class III.
Always confirm your construction class with the broker before binding. A mis-stated class is one of the most common reasons fire claims are reduced in Hong Kong.
Information we need to quote fire insurance
Send us the items below and we'll come back with a comparison from 30+ HK insurers — usually within one working day.
- Insured name / Business Registration (BR)
- Property address
- Sum insured
- Mortgagee bank name & contact (if applicable)
- Last 3 years' claims history
Fire insurance — answered
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Protect the structure — for the life of the property.
Send us your bank's letter or property details on WhatsApp. We'll come back with a tailored fire quote — and handle the bank paperwork for free.