Before selecting the type of homeowner’s insurance policy you need, there are a few things you must consider to be adequately insured. One of the most important things to keep in mind is the contents of the home. Most people know that the structure is protected, but did you know that you can add contents to the policy? Knowing that you can add contents to the coverage, what exactly does the policy cover?
Covering Contents
When it comes to covering contents, you must ask the insurance agent what the policy will cover. Items such as art, furs, and jewelry usually are covered, but other items such as clothing and small trinkets are not. Before purchasing your contents coverage, you need to document all of your possessions that are going to be covered. Keep receipts and photographs of these items to expedite the claims process and avoid issues. Contents coverage has limits and exclusions. If you own expensive items, they may not be covered for their actual value, but rather for a set amount. There is additional coverage available on some policies as a rider. The rider requires that you have a receipt or an appraisal on file for the item in order for the coverage to be valid.
Getting The Right Contents Coverage
Before you decide on your insurance coverage, especially when it comes to providing contents coverage, you should consult a reputable, knowledgeable insurance company like Main Street Independent Insurance. We take pride in serving residents in and around the Ft. Worth, TX area. We can answer any questions you may have about home insurance and help guide you while shopping for the right amount of coverage.
If you live in or around the Ft. Worth, TX area and want to protect your home and its contents, then call or stop by the Main Street Independent Insurance office for more information. We can also help residents in Colorado with insurance policies.
