What personal properties is covered with homeowner insurance?

Question

I want take picture of the items in my car and home for insurance policy. What is or isn't acceptable?

Answer 1

The best thing to do is first talk with your agent and determine any policy limitations or exclusions. Some company's cap certain lossess for certain items (e.g. a non-scheduled jewelry theft might be capped at $2,500).

A good rule of thumb is this: Ask yourself if you have anything worth having appraised. If you think you have something worth having appraised then you're probably going to want to have that item specifically scheduled on your homeowners policy.

It may add to the premium so you'll need to get only A: what you can afford and B: what your comfortable with coverage-wise. You may want to play around with changing deductibles etc in order to lessen the any premium increase.

As far as items in your car; be carefull with this one. Lets say your car caught fire and burned up taking a bunch of clothes, furniture and tvs with it that were inside the car at the time. Your belongings that were in the car would be covered under your homeowners policy and not under the auto (which would only cover that car itself and possibly some custom stuff depending on your policy). Just don't think that because it's in the car the auto insurance will cover it.

I would recomend taking any receipts for expensive items and keeping them in a folder outside the house (or have your agent put them in your file), walk around make a general inventory of your belongings, and take either pictures or videos of the inside of your home.

Answer 2

You would need to refer to your policy, honestly. As an insurance professional, I can advise that each policy may vary; it is possible to protect your dwelling, but NOT your contents, but also possible to get a policy to protect the dwelling AND contents in the same policy. That's why you need to check.

It is a good idea to document your belongings with photographs or video, ESPECIALLY so if you have valuable, rare or very expensive items. You should also keep receipts/ladings for these items as well. If this is the case, you'd also want to check your policy to see if they have riders for these expensive items if you own them. If they are just everyday, ordinary items, then receipts with documentation (like a written inventory) will suffice - no video needed, really.

Answer 3

Everything you own, exept parts for autos, airplanes, boats or other items that can be otherwise insured.
Take photos. Make an inventory. Use the cost to replace with like kind and quality. Add any shipping, delivery, taxes that apply to the value.
Keep the inventory in a safe place away from your home.

Answer 4

Yes, each policy/company is different. Why dont you either read through your policy, which is hard to understand, or contact the company for help. Your insurance will save you in a time of need.

Answer 5

Depends on the policy form and endorsements! Some policies exclude theft. Most have a limitation of coverage for money, jewelry, furs, and cd's/media in the car. Other than that, EVERYTHING is covered, for NAMED perils. That would usually be fire, theft, wind damage (AFTER the wind broke through the house - it doesn't cover stuff in the yard for WIND), falling objects, aircraft damage, riot & civil commotion, vandalism, etc.

Your best bet is to talk to your agent.

Answer 6

This vary from company to company. You can make some search in yahoo or google to find them.
To know more visit
http://newinsurancetips.blogspot.com

Answer 7

this can varry by insurance companies,, why ot ask your agent and go from there??

Answer 8

http://www.allstate.com
http://www.homeinsurance.com