Live rates · Fès-Meknès

Home insurance in Fez: compare the best 2026 prices

Comprehensive home insurance for owners, tenants and co-owners: fire, water damage, theft. Compare offers from Fez insurers for free and get a tailored simulation in under 3 minutes.

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Fès-Meknès

Region

1.150.000

inhabitants

6.800 MAD

median income

1.600 MAD

premium/yr

Looking for home insurance in Fez? With a median income of MAD 6.800/month and an upper-middle segment around MAD 15.500/month, Fez residents (1.150.000 inhabitants, Fès-Meknès) benefit from specific banking terms. The observed average annual premium in Fez is MAD 1.600, with a 30-40% spread between the most economical and the premium plans. Compare below the best offers from banks and insurers present in Fez, simulate your file and receive tailored offers for free.

Comparison table

Current home insurance offers in Fez

Indicative tables updated in Q1 2026 for the most active insurers in Fez. Actual premiums depend on your file — run your tailored simulation below.

Insurer	Premium from	Highlights	Action
Wafa Assurance	1.450 MAD	Morocco's #1 insurer · dense network	Compare
RMA Assurance	1.550 MAD	Competitive comprehensive cover	Compare
MAMDA-MCMA	1.700 MAD	Rural and MRE benchmark	Compare
Sanlam	1.800 MAD	Digital + customer care	Compare

Premiums are indicative and subject to change. Your actual price depends on your full file. wafir.ma is neither a bank broker nor an insurance distributor: we are an independent comparator.

Local market

Why home insurance in Fez is unique

Spiritual capital with a strong micro-finance footprint (Al Amana, Fondation Banque Populaire). Medina riad renovation (UNESCO + Ministry of Housing programmes) offers a heritage-loan niche. The New City rolls out fresh developments through partnerships with banks and developers Addoha/Alliances. Artisanal and academic market: medina craftsmen (brassware, leather, carpets) accessing credit via micro-finance or SGFG; faculty and students of Sidi Mohamed Ben Abdellah University; New City merchants. MRE segment present but smaller than in Marrakech/Oujda. Modest but stable income files.

Dominant borrower profiles in Fez

Medina craftsmen
Academics and researchers
Regional civil servants
New City merchants
Returning MRE

Financial districts and zones

Ville Nouvelle (Avenue Hassan II)Fès El JdidRoute d'Immouzer

Concentration of bank branches and insurance brokers in Fez.

Home insurance specifics in Fez

What to know before signing

Comprehensive home insurance in Fez

In Fez, the annual comprehensive home insurance premium is around MAD 1.600 for a 100 m² mid-value dwelling. Prices stay competitive thanks to moderate claim frequency; be sure to value your contents accurately (detailed inventory) to avoid under-insurance.

Banks and insurers present in Fez

The leading financial players in Fez are Wafa Assurance, RMA Assurance, MAMDA-MCMA, Sanlam. Branches concentrate in the Ville Nouvelle (Avenue Hassan II), Fès El Jdid, Route d'Immouzer districts, making in-person comparisons and negotiations easier. wafir.ma queries these players in real time to offer you the best terms.

Cover included

Home insurance cover: what is included

Underwriting conditions

Proof of ownership (land title) or rental contract
Dwelling description (surface, rooms, materials, floor)
Inventory of contents for the insured value
Mandatory for co-ownership buildings (law 18-00)
Often required by banks when a mortgage is in place

Cover and guarantees

Fire and explosion: building + contents damage
Water damage: leaks, infiltrations, burst pipes
Theft and vandalism: burglary with forced entry
Glass breakage: windows, French doors, sanitary fixtures
Head-of-household third-party liability: damage to neighbours (water, fire)
Weather events: storm, hail, weight of snow
Natural disasters: earthquake, floods (optional)

Documents to prepare

National ID (CIN)

Land title or rental contract

Floor plans if high-value property (> MAD 2M)

Purchase invoices for valuable items

Interior photos (recommended for inventory)

Frequently asked questions

FAQ — Home insurance in Fez

Is home insurance mandatory in Morocco?

For a sole owner living in a detached house, it is not mandatory. However, it is mandatory for co-ownership buildings (law 18-00) and almost systematically required by the bank when a mortgage is in place (collateral on the mortgaged property).

How do I compute the insured value for my home?

Building: new rebuild value (excluding land), roughly MAD 5,000-12,000/m² depending on quality and city. Contents: actual inventory of belongings (furniture, appliances, equipment); an average Moroccan household insures MAD 80,000-250,000 of contents.

What should I do after a home incident?

1. Notify the insurer within 5 business days (2 days for theft). 2. File a police report for theft or vandalism. 3. Keep all evidence (photos, invoices). 4. Do not discard damaged items before the loss adjuster's visit. 5. The adjuster comes within 5-10 days, payout within 30-60 days.

Is the natural-disaster guarantee worth it in Morocco?

Yes, especially in high-seismicity zones (Al Haouz, Agadir, Nador, Al Hoceïma). Since law 110-14 and the natural-catastrophe guarantee regime, this cover is now embedded in comprehensive home contracts (5-15% surcharge). After the Al Haouz earthquake (2023), demand tripled.

Home insurance in Fez: are rates different from elsewhere?

Yes, slightly. In Fez, the observed average premium is MAD 1.600/year (national benchmark: MAD 1.800/year). Insurers adjust prices according to local claims, traffic density and insured profiles. Compare at least 3 quotes to optimise.

Which bank should I pick in Fez for home insurance?

Main insurers in Fez are Wafa Assurance, RMA Assurance, MAMDA-MCMA. Wafa Assurance and RMA have the widest network; Sanlam and AXA offer the most advanced digital services; MAMDA-MCMA is the benchmark on rural and agricultural segments. Compare plan by plan to find the best cover-to-price ratio.