Insurance Guide 101: What Does Home Content Insurance Cover?

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When it comes to home insurance, making sure that the stuff inside your home is protected is just as important as protecting the building itself. It’s our belongings that make our houses homes, and possession insurance for homes is a great way to make sure that even if something bad happens all of your stuff will be covered. Let’s take a look at how possession insurance for homes works, and what kind of scenarios it covers.

What Does Home Content Insurance Cover

A Very Flexible Form of Insurance


First things first, what kind of situations does home content insurance cover exactly? The great thing about this form of insurance is that it is very flexible and covers a huge number of scenarios that could cause your possession to become damaged or destroyed. Here’s a list of these scenarios for your convenience:

  • Animal Damage
  • Earthquake
  • Riot
  • Flood
  • Fire
  • Storm
  • Explosion
  • Theft
  • Impact
  • Leaking Water
  • Vandalism
  • Food Spoilage
  • Damage from Injury or Incident

As you can see, that’s a pretty extensive list. Virtually any way the possessions inside your home could become damaged is covered in most plans. Keep in mind though, that coverage doesn’t necessarily start and end at your doorstep. Many plans will cover items anywhere on your property, including extensions of your property such as your vehicles.

Protecting More than Just Your Stuff

One thing that people tend to misunderstand about insurance for the contents of their home is the fact that the coverage can pay for more than just the damage or destruction to their possessions. In fact, this insurance can cover a wide variety of things from mental healthcare, to tenant liability. Here is a list of some of the many things that can be covered by possession insurance:

  • Multiple Births
  • Guest’s Contents
  • Contents in Transit
  • Coverage While You Move
  • Broken Glass and Ceramics
  • Temporary Accommodations
  • Locks and Keys
  • Storage of Undamaged Contents
  • Contents Outside
  • Clean Up and Professional Fees
  • Funeral Expenses
  • Vehicle Parts and Accessories
  • Sporting Awards

In most cases, anything you own can be covered by possession insurance. This means that during an incident, you’ll be compensated for what is lost and/or damaged. The important thing to remember is that if you are ever unsure whether or not a specific item is covered, talk to your insurance representative to get the details from them directly. This can give you greater peace of mind when it comes to keeping your stuff safe.

You Have Many Options

As with most forms of insurance, you have a variety of options that you can choose from when you get insurance for the contents of your home. This allows you to create a plan that fits your specific needs. Here are some popular options that people like to choose when getting an insurance plan for items in their homes and on their property.

Specific Items

For example, you can cover specific items for accidental loss or damage regardless of where they are located. This can be a good idea if you’re taking high-value items with you on holiday, business trips, or other travel situations.

Your Pets

Another option that many people like to include in their plans is pet injury insurance. This can help you to make sure that if your pet is injured you’ll be able to pay the necessary veterinarian. We all love our pets and the last thing we want is for them to be a financial liability after all.

Business Items

Business items can be pricey and can be vulnerable to theft and loss if you travel with them. The good news is that there are specific options to cover business items that can come in handy if you suffer lost, damaged, or stolen items.

Contents in Commercial Storage

The great thing about possession insurance is that it can cover items that aren’t even on your property in some cases. This applies to items that are held in commercial storage units. In most cases, you can get substantial insurance for these items so that they are protected if something happens to them.

Enjoy Greater Peace of Mind

The best thing about insurance for the contents of your home and on your property is the fact that you’ll have a greater degree of peace of mind knowing that if and when something bad happens, you’re possessions are covered. This is especially important if you own possessions of high value such as jewelry, works of art, antiques, and electronics. If you don’t have insurance for your possessions, then today’s the day to consider getting it and giving yourself a little extra peace of mind.

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