Does home insurance cover personal property?

I'm looking into home insurance and I'm wondering if any policies cover property? I want to make sure my stuff is covered in case of damage.

Answer
“Several coverages make up home insurance, including personal property, which is all of your stuff.
When looking at an HO-2 or HO-3 home insurance policy, you’ll see Coverages A, B, C, and D. They are:
  • Dwelling
  • Other Structures
  • Personal Property
  • Loss of Use
There also is a second section that contains Coverages E and F. Those are:
  • Personal Liability
  • Medical Payments to Others
For personal property, or Coverage C, your homeowners insurance covers it anywhere in the world. There are specific types of personal property included and excluded in the coverage.
Certain types of damage can also be excluded. Most coverage is on an actual cash value basis, but you can opt for replacement cost coverage. When looking to insure your personal property, you also want to make sure your limit is high enough to cover all of your property.
In some cases, your home insurance may also cover theft of property from your car, especially if it’s parked on your property. This is great news because most car insurance policies only cover theft of the car itself.
If you’re in a high crime area or you’re worried about your car being stolen at work, you may want to add comprehensive coverage to your car insurance policy. Use the Jerry app today to compare rates for comprehensive coverage and protect your vehicle from thieves.”
avatar
Emily Maracle
Answered on Sep 09, 2021
Emily Maracle is a car insurance specialist living in New York. Originally from the Pacific Northwest, she has a degree in English Literature and a background in customer service. She enjoys cooking, gardening, and living sustainably. In the future, she can't wait to upgrade to a hybrid or electric car.
thumb-up

Did this answer help you?

Ask us a question by email and we will respond within a few days.
thumb-up

Have a different question?

You can meet us at our office and discuss the details of your question.