Home insurance
Income vs MSIG home insurance
As of 28 Oct 2026 (Singapore time)
Of the 12 examples both price, Income was cheaper on 5, MSIG on 7. Your own answers can change the order, so get your own quote.
Lowest price on each example
| Example | Income | MSIG |
|---|---|---|
| HDB flat, owner, S$60,000 contents | S$71.22Enhanced Home Insurance, HDB flat, without building cover (for owners whose HDB fire insurance covers the flat; contents and S$60,000 renovations)as at 16 Oct 2026 | S$99.84HomeEasy Gold (owner or landlord)as at 11 Oct 2026 |
| Condo, tenant, S$30,000 contents | S$98.59Enhanced Home Insurance, condo, tenant (your contents and S$150,000 renovations)as at 16 Oct 2026 | S$43.60HomeEasy Silver (tenant)as at 11 Oct 2026 |
| Landed house, owner, S$100,000 contents | S$430.55Enhanced Home Insurance, landed house (S$600,000 building and S$150,000 renovations included)as at 16 Oct 2026 | S$190.10Enhanced HomePlus Ultimateas at 11 Oct 2026 |
| HDB flat, owner, S$30,000 contents | S$43.10Enhanced Home Insurance, HDB flat, without building cover (for owners whose HDB fire insurance covers the flat; contents and S$60,000 renovations)as at 16 Oct 2026 | S$58.42HomeEasy Silver (owner or landlord)as at 11 Oct 2026 |
| HDB flat, owner, S$100,000 contents | S$108.72Enhanced Home Insurance, HDB flat, without building cover (for owners whose HDB fire insurance covers the flat; contents and S$60,000 renovations)as at 16 Oct 2026 | S$190.10Enhanced HomePlus Ultimateas at 11 Oct 2026 |
| HDB flat, tenant, S$30,000 contents | S$43.10Enhanced Home Insurance, HDB flat, tenant (your contents and S$60,000 renovations)as at 16 Oct 2026 | S$43.60HomeEasy Silver (tenant)as at 11 Oct 2026 |
| HDB flat, tenant, S$60,000 contents | S$71.22Enhanced Home Insurance, HDB flat, tenant (your contents and S$60,000 renovations)as at 16 Oct 2026 | S$70.20HomeEasy Gold (tenant)as at 11 Oct 2026 |
| HDB flat, tenant, S$100,000 contents | S$108.72Enhanced Home Insurance, HDB flat, tenant (your contents and S$60,000 renovations)as at 16 Oct 2026 | S$190.10Enhanced HomePlus Ultimateas at 11 Oct 2026 |
| Condo, owner, S$30,000 contents | S$257.58Enhanced Home Insurance, condo (S$390,000 building and S$150,000 renovations included)as at 16 Oct 2026 | S$58.42HomeEasy Silver (owner or landlord)as at 11 Oct 2026 |
| Condo, owner, S$60,000 contents | S$295.02Enhanced Home Insurance, condo (S$390,000 building and S$150,000 renovations included)as at 16 Oct 2026 | S$99.84HomeEasy Gold (owner or landlord)as at 11 Oct 2026 |
| Condo, owner, S$100,000 contents | S$344.94Enhanced Home Insurance, condo (S$390,000 building and S$150,000 renovations included)as at 16 Oct 2026 | S$190.10Enhanced HomePlus Ultimateas at 11 Oct 2026 |
| Condo, tenant, S$60,000 contents | S$136.03Enhanced Home Insurance, condo, tenant (your contents and S$150,000 renovations)as at 16 Oct 2026 | S$70.20HomeEasy Gold (tenant)as at 11 Oct 2026 |
All prices include 9% GST.
These are example prices for the details above. Your own price depends on your answers.
Cover side by side
| Cover | Income | MSIG |
|---|---|---|
| Renovations | S$60,000 | S$120,000 |
| Family worldwide liability | S$5,000,000 | S$1,000,000 worldwide; property owner's or tenant's liability S$500,000 (S$1,000,000 in the aggregate) |
| Alternative accommodation | 10% of your renovation and contents sums: S$7,500, S$9,000, S$12,000 or S$16,000 with S$15,000, S$30,000, S$60,000 or S$100,000 contents, for lost rental income and extra hotel expenses (up to S$350 a day) | Alternative accommodation or loss of rent up to 10% of the Section 1 sum insured (S$20,000) |
| Excess | S$0.00 | S$0.00 |
Dearer plans from either insurer can cover more. Read the policy wording before you buy.
Discounts running today
More about each
See every insurer's price for your own answers, cheapest first.
Get your own quoteQuestions people ask
Is Income or MSIG cheaper for home insurance?
Of the 12 examples both price, Income was cheaper on 5, MSIG on 7. Your own answers can change the order, so get your own quote.
How does Income's cover compare with MSIG's?
On each one's cheapest plan for HDB flat, owner, S$60,000 contents (Income Enhanced Home Insurance, HDB flat, without building cover (for owners whose HDB fire insurance covers the flat; contents and S$60,000 renovations), MSIG HomeEasy Gold (owner or landlord)): Renovations: Income S$60,000, MSIG S$120,000; Family worldwide liability: Income S$5,000,000, MSIG S$1,000,000 worldwide; property owner's or tenant's liability S$500,000 (S$1,000,000 in the aggregate); Alternative accommodation: Income 10% of your renovation and contents sums: S$7,500, S$9,000, S$12,000 or S$16,000 with S$15,000, S$30,000, S$60,000 or S$100,000 contents, for lost rental income and extra hotel expenses (up to S$350 a day), MSIG Alternative accommodation or loss of rent up to 10% of the Section 1 sum insured (S$20,000); Excess: Income S$0.00, MSIG S$0.00.
What discounts are Income and MSIG running?
Income: none to show. MSIG: 20% off.