Does Home Insurance Cover Your Personal Belongings?

Home insurance is extremely important because it protects homeowners from the possibility of financial loss.  If you are currently shopping for home insurance, you may have questions about what exactly your home insurance covers – including whether it covers your personal belongings. Associated American Insurance serving Manchester, NH will explain how this type of insurance works and how it covers personal items. 

Does Home Insurance Cover Personal Belongings

Yes, it does cover personal belongings, including furniture, electronics, clothes, and other contents of your home. That means that your insurance will pay to replace the items that were destroyed or stolen. 

What Types of Losses Does Home Insurance Cover?

Most home insurance policies cover such losses as fire, burglary, and others. You will need to talk to your insurance agent to know what exactly is covered. 

What Is Not Covered By Home Insurance?

Certain losses are not covered by homeowners’ insurance policies. They are: 

  • Earthquakes. If your home is located in an area that is prone to earthquakes, you will have to purchase a separate earthquake insurance policy to protect your belongings. 
  • Flooding. If you want to protect your home and personal stuff against flooding, you need to get a special flood insurance policy – either from a private insurance company or National Flood Insurance Program. 

It is also important to know that home insurance has its limits and therefore it does not cover really expensive and valuable items. Therefore, if you have antiques, expensive jewelry, or any other lavish personal belongings, you should consider getting a special policy for all this stuff. 

If you are thinking of getting home insurance and you are looking for a trustworthy agency, Associated American Insurance serving Manchester, NH is ready to assist you.  Do not hesitate to contact us and talk to one of our insurance agents, who will provide all the information you need.