The rains are back with a vengeance, and if you have been on social media lately, you have probably seen the endless complaints — hailstorm in Delta, Homes ripped apart. In Lagos, property damage from floods is everywhere. It is a painful reminder of how unpredictable the weather can be and why Home Insurance in Nigeria has become more important than ever.
So, how much does Home Insurance cost in Nigeria in 2025?
Let us break it down for you in the most straightforward way.
What Is Home Insurance and Why Should You Care?
Home Insurance is a financial safety net for both renters and homeowners. It protects your building, your belongings, and even the structure around your home. Whether it is flood, fire, theft, or storm damage, a good Home Insurance policy can help you bounce back fast without draining your savings.
In 2025, the need for Home Insurance has grown even more urgent. The cost of building materials has increased. The cost of electronics and home appliances has doubled. A single bout of heavy rainfall could cause damage worth hundreds of thousands or even millions of Naira. So why leave your property unprotected?
Leadway Assurance’s Affordable Home Insurance Plan
At Leadway Assurance, we understand the importance of protecting your home without breaking the bank. For as low as just ₦20,000 per year, and you can get your home insured. The cost (premium) however varies and depends on what you want the policy to cover and the value of your home (building)/ household items. So, basically the higher the value of all you want to insure, the higher your premium (cost). Simply reach out to us with the worth of your property, and we will provide an appropriate and affordable quote that covers both your home and household items.
Remember, whether your home is rented or owned, you can enjoy peace of mind knowing that your most valued space and properties are covered.
You heard right! This is not just for homeowners. Renters often overlook Insurance because they think it is the landlord’s job. But what about your electronics, furniture, clothes, or personal belongings? Our plan can cover those too.
What Our Home Insurance Covers
- Structural damage from natural disasters (like flooding or storms)
- Fire outbreaks
- Burglary and theft
- Explosion and lightning damage
- Accidental damage to fixtures and fittings
Why Our Home Insurance Is Worth It
- It is affordable.
- It covers both the structure and contents of your home.
- It protects against fire, flood, theft, explosion, and more.
- It is easy to get. You can buy it online in minutes.
Our team has made sure that our process is stress-free and fast. No hidden terms, no delay in claims. Just honest protection when you need it most.
Real-Life Proof?
We have had countless customers who bounced back from disaster because they had the right cover. Just in case you’ve not heard, we paid 330 Billion Naira in claims in the last 8 years alone. Above all, our reputation and keeping our customers happy mean so much to us, and that’s why, for more than fifty years, millions of Nigerians have trusted us to insure their happiness.
Ready to Get Covered?
We are here to help. Visit leadway.com/householder/ today to get Householder Insurance in a few easy steps. Let us protect your space, your memories and your peace of mind.
