How much does a fire insurance policy cost?

Annual policy premiums range from 0.038% to 0.2% of your Sum insured, depending on your insurer’s terms. For example, for a policy with HK$ 3,000,000 Sum insured, you may pay between HK$ 1,140 (HK$ 3,000,000 x 0.038%) and HK$ 6,000 (HK$ 3,000,000 x 0.2%) each year.

OneDegree offers a Best Price Guarantee* on our 0.038% premium rate. If you find a better rate elsewhere, we’ll match it! Get a quote for your property here.

*If you find the same product at a lower price in the market, we will refund the difference. However, our lowest price guarantee only applies to Fire Insurance products with the same coverage and general terms at OneDegree Fire Insurance, and the price must be open to the public and does not include any discounts, deductive or waivers.