Fire Insurance - Best Price Guaranteed

OneDegree Fire Insurance guarantees the lowest price** at just 0.038% of your sum insured when most insurers charge up to 0.2%. You can save up to HK$150,000* for a 30-year mortgage!

Best Price


Some insurers may charge up to 0.2% of the sum insured annually for fire coverage. With OneDegree, you’ll pay just 0.038% for a policy, and if you find a better rate elsewhere, we’ll match it!

Other Insurers
Up to 0.2%
best price fire mortgage

*Assumed a comparison between highest premium rate of 0.2% and OneDegree premium rate of 0.038%, for a 30-year mortgage and sum insured of HKD 3million, rounded to the nearest 10,000.
**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 as OneDegree Fire Insurance, and the price must be open to the public and does not include any discounts, deductions or waivers.

See how much we can save for you!
Enter your mortgage amount to get an instant quote.
HKD 500,000
HKD 50,000,000
We insure from HKD 500,000 to HKD 50,000,000. If you need more or less coverage, get in touch and we'll see what we can do for you. Please note that the minimum premium is set at HKD 400/year.
OneDegree HK
OneDegree HK
Other Providers
Premium with our rate 0.038% & highest market rate 0.2%
OneDegree HK
You would besaving up to
OneDegree HK
Our Key Features
Most banks require homeowners to take out fire coverage before approving a mortgage.
While the banks themselves also offer fire insurance, OneDegree gives homeowners an affordable alternative with the same comprehensive coverage.
Best-Price Guarantee
Choose your own policy start date with our special 180-day extension period
Customized coverage to meet your lender's requirements
Policy can be cancelled at any time
We cover damages caused by
OneDegree HK
OneDegree HK
OneDegree HK
OneDegree HK
Boiler or Gas Explosion
Coverage can be extended depending on your mortgage bank's needs
What’s Not Covered?
We currently only insure residential properties. In our standard Fire Insurance policy, damages from earthquakes, forest/bush fires, riot and strikes are among items that are excluded. However, this may differ from policy to policy, coverage can be extended depending on your mortgage bank's needs.
OneDegree HK
OneDegree HKOneDegree HK
OneDegree HKOneDegree HK
OneDegree HKOneDegree HK
OneDegree HKOneDegree HKOneDegree HK
OneDegree HKOneDegree HK
How does it work?
Buy a fire insurance policy on our website
We’ll inform your lender about your policy switch, and they will send you a notice once your new policy is confirmed. You just have to sit back and enjoy the savings!
If you are switching from another insurance provider, don’t forget to ask them for a premium refund.
OneDegree HKOneDegree HKOneDegree HKOneDegree HK
Terms and Conditions

For details of coverage, terms, conditions, and exclusions of Fire Insurance and Home Insurance, please refer to the policy wordings.