Common Contents Home Owners List on Insurance Policies

Introduction

While each homeowner's situation will be at least slightly different, there are some common contents home owners list on their insurance. Of course valuable contents home owners may own will have to be listed. It is easy to overlook certain items, that is why it is good to come up with a list beforehand. The contents home insurance policies cover will vary depending upon the policy that the home owner chooses. It is wise to make sure that you have enough insurance. While you may never need it, it is nice to know that it is there just in case you ever do.

History

Contents home owners will list on their insurance policy are generally items that exceed what an average policy would cover. In an average general homeowners insurance policy items are only insured up to a certain amount, usually between $1,000-$2,500. Finding this out is often shocking for the person who believed they were insured, yet later find out that they will only receive $1,000 for all of their artwork. This is an adequate amount for many items in the home, however, some contents home owners have are worth much more than that. These are the contents home owners will add to their insurance separately. To do this, a homeowner should have the items appraised, you will need a written appraisal. Next call the insurance company that insures your home to have these items added to the policy. You may want to make an appointment to get together with your insurance agent to discuss the policy.

Features

The contents homeowners should add to their insurance policy separately are items that will cost a lot of money to replace. The following are items that are usually added on to a policy:

• Expensive artwork.
• Fine jewelry
• Collections that would cost a large amount of money to replace.
• Fine china
• Certain firearms.
• Fur coats.
• Silver serving pieces
• Coin collections that include rare and expensive coins.

It is a good idea to check out each room in the home to be sure you are not forgetting anything. Be sure to keep in mind any items that are stored out of sight in the home. These are easy to overlook.

 

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