Are Personal Properties Included In My Home Insurance Policy?

​Your furniture, clothes, electronics, and other personal properties are as important as the house itself. Thus, you want to protect them in case of damage or loss. And, what better way to protect these items than having them insured and covered. 

Before you contact the insurance agency, do you know that your home insurance already covers your personal properties? Home insurance policies cover most of your belongings, depending on the plan. So, this article will explain how your home insurance policy covers your house and personal property. 

Automatic Inclusion 
Most home insurance policies automatically include personal properties as part of the coverage. The only difference is the coverage limit since it highly depends on your plan. To know the inclusion in your plan, you should check and ask about personal property coverage.

Home insurance policies have options on how they will implement limited coverage. Some plans take out a specific percentage from the home limit and designate it for your other belongings. The usual percentages used are 50%, 60%, or 70% of the limit.  

Some plans do not have a limit. They include the coverage in a blanket limit calculated based on the value of your house. There is also a plan with a perils basis. Therefore, the plan will only cover a specific amount depending on the situation.

Added Endorsement for Broader Coverage 
Another way that your home insurance protects your personal properties is through added endorsement. If your plan has this additional, it will cover all named perils and all risks of sudden and direct loss. 

This added endorsement also includes all causes of loss and even high-risk items. The only exception to the coverage is the items you incidentally dispose of. Thus, it guarantees that all your things are well-covered. 

Add ons
Extra coverage is usually split into personal possessions and specified items. Personal possessions are items you use daily or things you carry at home and outside. While the latter include high-risk items like vintages, jewelry, and gadgets. 

Conclusion
Personal possessions are dear to you; they may have a sentimental or high value. Nonetheless, knowing that your current home insurance policies also cover it can be quite comforting. If you want to review your plan, don’t hesitate to reach out to our insurance agents. 

At Appletree Insurance, we do our best to ensure that our clients are well-protected with affordable and comprehensive policies. We make sure to go the extra mile to help you with your needs. To learn more about how we can help you, please contact our agency at (603) 881-9900 or Click Here to request a free quote. The coverage discussed is not guaranteed. Please contact our agents to make sure you have adequate coverage and your needs are being met. We are happy to help!