What is covered under my homeowner’s policy?

You personal property (but not business equipment) is covered. Your homeowner’s policy will cover the contents of your home and other personal property, including clothing, cameras, furniture, etc… that you own, wear or use while on your premises. It may even cover personal property of others that are not related to you, excluding boarders. Your policy will normally cover personal property (up to 10% of the amount of insurance on your personal property) while it is temporarily away from your home anywhere in the world. Personal property not normally kept at home is not covered. Personal property in a warehouse is usually covered against theft.

A note about theft: Some policies cover theft (no signs of forcible entry); most will cover burglary and robbery. “Mysterious disappearance” is not part of a basic policy (example: a wedding ring left by mistake in a blouse pocket is nowhere to be found at the end of the washing machine’s spin-dry cycle).