Irrespective of intent, such acts result in minor to massive losses for the property owner, depending on the scale. While the terms may seem unfamiliar, malicious mischief and vandalism are rampant in the country. The need for malicious mischief and vandalism insurance. Vandalism is a punishable offence in India. It is often seen as a mindless activity done to achieve the satisfaction of destruction rather than being fueled by ill intent. Vandalism is commonly used to describe the destruction of property without malicious intent targeting the owner. Criminal mischief is recognised as a legal offence as per the Indian Penal Code, which prescribes an imprisonment term of 3 months, or fine, or both for perpetrators. It is usually acted out as a sign of resentment towards the property owner. Malicious mischief refers to the acts of destruction with the intent to damage or destroy property. To understand what the best home insurance policy in India covers, we must understand the meaning of the terms malicious mischief and vandalism. What are acts of malicious mischief and vandalism? Read on to learn all about the specific coverage under home insurance. While the best home insurance policy in India may offer you broad coverage from several risks, is the increasing threat of malicious mischief and vandalism included? Buying the best home insurance policy in India is important to secure your home from multiple mishaps. Protecting an asset on which you have spent a fortune is essential. After putting in such efforts, a home becomes more than just a roof over one’s head- it is an investment, a sign of wealth, and probably the most important asset of your net worth. Considering the ever-increasing inflation, sky-rocketing real estate prices and constantly changing economic conditions, it requires extensive planning and budgeting. Buying a home is a dream for most Indians.
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