What's covered (& what might not be)
Exactly what's covered and excluded by personal property insurance will vary from one policy and insurance carrier to the next, which is why it’s important to review your policy paperwork for exclusions, covered perils, and other details.
Typically, personal property insurance does cover most belongings that you keep in your home, condo, or rental. Some common examples include:
- Clothing
- Furniture
- Musical instruments
- Tools
- Electronics
- Decorations
Depending on your policy, these items may even be covered if you keep them in your vehicle.
Appliances that can be unplugged and moved, such as refrigerators and microwave ovens, are typically covered by personal property coverage. Appliances that are fixed in place, such as built-in counter stovetops, are usually covered by dwelling coverage instead.
Some personal property insurance policies do not include coverage for items in your home that you use exclusively for business-related purposes. This means if you bring a laptop home from work and it’s stolen, your insurance probably won’t pay to replace it. Instead, your employer would likely need to file a claim through their commercial property insurance.
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