
What’s Covered Under Personal Property Insurance in Your Home Policy?
Personal property coverage is invaluable when dealing with theft, fire damage or other covered perils that could affect your belongings. This coverage may provide financial assistance to help you repair or replace certain items in these situations. It typically extends to belongings inside and outside your home and may apply even when you travel or store items in other locations.
Which Belongings Are Covered?
Personal property coverage may cover a variety of items, including the following:
- Furniture and home decor
- Electronics, including computers, TVs and gaming systems
- Clothes and accessories
- Kitchen appliances and cookware
- Sports equipment and musical instruments
- Books and collectibles
- Lawn equipment and outdoor furniture
- Jewelry and watches (with specific limits)
Note that many valuable items have coverage limits under standard home insurance policies. High-value items like jewelry, fine art or collectibles often require additional riders or endorsements for full coverage.
What Items Are Excluded Under This Coverage?
Personal property coverage typically does not cover the following items:
- Motor vehicles, including cars, motorcycles and their parts
- Aircraft and watercraft
- Business-related property and inventory
- Animals and livestock
- Data or records stored electronically
- Items specifically insured under other policies
- Property of renters or guests
Some exclusions can be addressed by purchasing additional endorsements or separate insurance policies. An agent from Wilson-Southland Insurance can help you learn more about how to properly insure these belongings.
Contact Us
Contact Wilson-Southland Insurance today to review your current policy. Our experienced agents can help you understand your coverage needs and find the right policy.
This blog is intended for informational and educational use only. It is not exhaustive and should not be construed as legal advice. Please contact your insurance professional for further information.
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