New Delhi, July 21 -- Natural disasters have emerged as the leading reason for buying home insurance in India, according to a recent survey conducted by PolicyBazaar.

The survey highlighted that 41 per cent of the respondents in last 6 months consider natural calamities such as floods, earthquakes, and storms as the primary reason to purchase home insurance. These events have made people realise the importance of securing their homes against unpredictable damages.

It stated "Natural disasters (41 per cent) emerge as the leading consideration for buying home insurance".

The survey also found that ongoing home loans are the second biggest reason for buying home insurance. Around 31 per cent of the respondents said they opted for insuranc...