Insurance Policy Written by Mila Araujo and Last Updated on May 16, 2022 Samantha Silberstein Reviews This Article VIEW ALL How to Purchase a Home Contents Insurance Policy Are Family Members Included?
Do you cover roommates?
Are the personal belongings of a guest covered?
Are you protected when you move?
In the event of a fire, theft, or other insured loss, contents insurance—also referred to as personal property insurance—can assist you in replacing the belongings in your home.
The personal property coverage is insurance for your home’s possessions. Your possessions in and around your home make up the entirety of your home’s contents.
Your clothes, electronics, expensive jewelry, and basically anything that can be moved are considered personal belongings.
Your renters policy, condo or coop insurance, or home insurance policy cover the contents of your home.
If your policy has a high deductible, any losses below that amount will not be covered.
