New Delhi, Oct. 29 -- A home or a place of business is often the single largest investment a family or an entrepreneur makes. Protecting that investment should be as fundamental as building it. Yet in India, the conversation on home and property insurance remains muted, even as the risks continue to escalate.

Recent months have reminded us how fragile our assets are. Flash floods in Uttarakhand swept away homes and shops, while Himachal Pradesh has faced repeated landslides and blocked roads due to heavy monsoons. In northern states such as Punjab, Haryana, Delhi, and parts of Jammu and Kashmir, floods have disrupted both living and commerce.

These tragedies are a reminder that climate volatility, urban expansion, and rising asset value...