What Does Personal Property Cover on a Home Insurance Policy?


Homeowner’s insurance policies are designed to protect your home in the event of a disaster. What people don’t realize is that a homeowner’s insurance policy is actually a package of coverages that protect your home’s structure, your personal property and any liability you may incur for injuries or damage related to members of your household. Personal property coverage is somewhat complicated to understand, but is a very important element in your homeowner’s coverage.


Personal property coverage insures your furniture, clothing and other personal items both inside and outside your home against fire, theft or other covered damage.

Insured Amounts

Most insurers require that you have your personal belongings covered for at least 50 percent of the home’s structural coverage. This means that if your home is insured for $150,000, your belongings must be covered for at least $75,000.

Specialty Items

High-end items such as jewelry, electronics, etc. are generally covered up to a specific dollar limit unless a special policy or “floater” is purchased specifically for those items. These items are covered against all covered disasters as well as loss, either by theft or by misplacement of the item. There is generally no deductible.

Off Premisis Coverage

Private property can also be insured “off premises” meaning that damage or loss of your property can be claimed and paid by your insurer anywhere, though there are usually limits associated with this coverage.


Trees and other landscaping are also considered private property and are covered under this section of the homeowner’s insurance policy.

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