Homeowner's insurance is commonly thought of as covering the structure of the home, but it also covers your personal possessions inside the home as well. “Coverage C” on your declarations page refers to the amount of coverage you have for your personal property. This typically includes items you brought into your home, including furniture, clothing, and appliances you can unplug or remove. Another way to look at your personal property would be to think of all the items that would fall out of the home if it were tipped upside down.
However, it’s important to keep in mind that each policy has a special sub-limit of coverage for some types of personal property, including but not limited to: Jewelry, Wine, Fine art, Collectibles, Stamp collections, Fire arms, Camera equipment, Golfers equipment, Coins, Antiques, and Musical instruments.
Here are some common special limits of liability examples:
There are ways to be sure your unique items are insured to the correct value. Here are some options:
Here are some benefits of securing a separate policy for your valuables:
Don’t get blind-sided in the event of a loss of those precious items. Contact us today to make sure your special collections are covered!
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