Personal Belongings and Homeowners Insurance

Homeowners insurance covers many different circumstances such as, theft, injury liabilities and damage from natural disasters. It is important to know how your personal belongings will be replaced if damaged.

Homeowners insurance will generally use a percentage of the value of your policy as the limit of compensation for your personal belongings. This is generally somewhere in the range of 50 to 100 percent of the policy's total coverage on your home's structure. If you have a particular item of high value such as an expensive piece of jewelry, you may want to get additional coverage for the full amount of the property. This is done by purchasing a rider to your policy. Your homeowners insurance will provide coverage up to the appraised value of your belonging.

Homeowners insurance quotes can be obtained easily by using our online form. You'll be able to receive quotes from several different homeowners insurance providers in your area.

Sources

1. What is in a standard homeowners insurance policy? Retrieved May 13, 2008, from http://www.iii.org/individuals/homei/hbasics/whatisin/