10 Belongings Your Current Home Insurance Policy May Not Cover
Homeowner’s coverage is truly “life-saving” in many circumstances. Imagine a total loss of your $500,000 home with $200,000 of possessions inside and no coverage…most people would be eternally in debt with a loss like that. Though your homeowners policy does cover almost your entire home and prized possessions, it’s a good idea to discuss the following items with your California insurance agent to be sure the proper coverage is in line.
The following is a list of the most common types of personal property that may need more coverage then is provided in a standard homeowner’s insurance policy:
- Electronics
- Jewelry
- Musical Instruments
- Guns
- Artwork & Antiques
- Coins and Collectible Money
- Stamp Collections & Documents
- Card & Comic Collections
- Silver & Gold
- Furs
If you currently own or possess any quantity of “collectible” these items, there is an easy fix to obtaining more coverage then you currently have. The most common method of adding coverage is to simply call you agent and add an endorsement listing specific items and coverage needs. Another method is to “schedule” your personal property by adding dollar amounts to the coverage limits if a loss were to occur.
Our agents here at Remland Insurance would be happy to review your existing coverage and help you determine where additional value is needed. Give our office a call today at 714) 532-3341 to speak with an agent right away!
