Home insurance that covers personal property. Don't that include anything that is on your property inside and

Question

outside of your home is to be replaced if damaged? Including trampolines, chairs, etc.

Answer 1

No, it doesn't.

There are LIMITATIONS of coverage built in to the policy, and there are flat out exclusions, and there are qualifications to OUTDOOR PROPERTY such as patio furniture and trampolines. It's ALL covered for fire, but not for theft or weather damage, or falling objects. So in particular for outdoor property, weather is EXPECTED to happen, so it's not covered.

And watch out with that trampoline - that's the #2 liabiltiy claim on a homeowners policy - most companies will tell you to get rid of it, or they'll cancel you.

Answer 2

It depends on the type of policy that you have.

Usually personal property is a named peril coverage. That means there is only coverage for the item if it is damaged by a peril specifically listed in the policy. There are also limits on certain types of personal property - such as a 2000 for theft of jewelry. Some personal property is settled at replacement cost and other property is settled at actual cash value (replacement cost - depreciation). In general - personal property are the items on your premises that you would take with you if you moved.

Also - get rid of the trampoline. Mbrcatz is correct. Insurance companies will frequently require that the trampoline meet certain guidelines in order for you to be insured with it or will even require you to get rid of it in order to maintain your insurance.

I work as an adjuster - anytime I see a trampoline I alert underwriting about it (even if I'm there to work a claim that has nothing to do with trampolines). The underwriting dept are the ones that decide which policies we keep and which ones we get rid of.

I've worked too many trampoline injury claims. Yes....even when the kids are jumping one at a time under parental supervision. The injuries range from broken teeth to badly broken arms and legs that were repaired with pins and rods.

For what it's worth- I would never have a trampoline on my property - they are just an accident waiting to happen and I don't want to get sued when some kid get's hurt on it.

Answer 3

I have NEVER seen a policy that excludes your outdoor furniture. It could depend on the company or the state you live in but where I am at personal property is covered anywhere in the world (with a few exclusions). The best person to ask this question is your agent. The would know about your policy and any restrictions.

Answer 4

Ask your insurance company