Does Your Homeowners Insurance Really Cover All Your Home’s Contents?
When most people purchase a homeowners insurance policy, they do so to protect one of the biggest purchases of their life: their home. That’s not the only thing a homeowners insurance policy will protect, though.
In fact, your Calimesa, CA homeowners insurance policy has the potential to protect the contents of your home – provided you use it correctly.
The first thing you need to do to make sure your stuff is protected is figure out exactly how much of it you have. Create a home inventory to get an idea of the value of your home’s contents. Your home inventory should list every possession in your home and its value. When possible, it’s a good idea to include receipts, appraisals, and credit card statements to verify value. Total up your home inventory, and you’ll know how much personal property you need to protect.
Then, pull out your homeowners insurance policy. Generally, these types of policies contain contents coverage of between 50 and 70 percent of the total coverage you have for your home’s structure (e.g. your $500,000 home would give you $250,000 of personal property coverage).
Find out the specifics of your policy and if you don’t have enough contents coverage, give your agent a call. He or she will be able to work with your to adjust your policy limits so you can best protect your belongings.
Fortunately, you won’t be on your own when trying to figure out how to best protect your home’s contents if you contact Little & Sons Insurance Services! We will leverage your Calimesa, CA homeowners insurance policy to help you properly protect your property. To make sure your Banning, Beaumont, Calimesa, or Redlands home—and the stuff you store in it—is safeguarded with the right California coverage, call us today.