What Is Personal Property Coverage in Homeowners Insurance?

Protect the Belongings That Make Your House a Home

If your clothes, furniture, electronics, or keepsakes were destroyed in a fire or stolen during a break-in would your insurance cover it? That’s where personal property coverage steps in.

Part of your homeowners insurance, this protection helps you replace the items inside your home after a covered loss. At OnePoint Insurance Agency, we don’t just sell policies—we help you understand what’s truly protected.

What Personal Property Insurance Covers

Also called Coverage C, personal property coverage protects the movable belongings inside your home.

Commonly Covered Items:

• Clothing, shoes, and accessories

• Furniture, curtains, rugs

• Electronics like TVs, laptops, and phones

• Non-built-in appliances (microwaves, toasters)

• Jewelry and fine art (up to policy limits)

• Bicycles, sports gear, tools

• Items in storage or temporarily away from home

Covered Events Often Include:

• Fire, smoke, or lightning

• Theft or vandalism

• Windstorms and hail

• Water damage from burst pipes

• Falling objects or accidental overflow

Most policies pay actual cash value (ACV) unless you upgrade to replacement cost coverage, which reimburses you for the cost of buying new items.

What’s Not Covered

Like all parts of your homeowners policy, Coverage C has exclusions and sub-limits:

• Flood and earthquake damage (requires separate policies)

• Wear and tear or mechanical breakdown

• High-value items (e.g., jewelry, art, firearms) unless scheduled with endorsements

• Business-use items beyond basic limits

• Pets, vehicles, and aircraft

Review your policy carefully and consider adding endorsements or riders for full protection of valuable property.

Who Needs Personal Property Coverage?

In short almost everyone.

Ideal for:

• Homeowners – Comes with your HO-3 or HO-5 policy

• Renters – Renter’s insurance primarily protects personal belongings

• Condo owners – Included in your HO-6 policy for items inside your unit

• College students – May have coverage under a parent’s policy if living on campus

Whether you’re safeguarding a vintage guitar collection or your child’s gaming setup, it pays to confirm your limits and know what’s at risk.

Frequently Asked Questions

Does this coverage protect belongings outside the home?
Yes, though with a lower limit typically 10% of your personal property coverage limit for off-premises losses.

Is there a limit on electronics or jewelry?
Yes. High-value categories often have sub-limits unless you schedule items separately.

How much personal property coverage do I need?
A good rule of thumb: 50–70% of your dwelling coverage. But the best approach is to create a home inventory to get accurate estimates.

What’s the difference between actual cash value and replacement cost?
ACV deducts depreciation. Replacement cost reimburses you for the full price of buying a new item of similar kind and quality.

How OnePoint Can Help

At OnePoint Insurance Agency, we believe protecting your home starts with protecting what’s in it. We’ll help you:

• Assess your personal property risk

• Compare valuation methods (ACV vs. replacement cost)

• Add endorsements for high-value items

• Navigate claims with clarity and confidence

As an independent agency, we shop top carriers and tailor coverage for your lifestyle and belongings from Atlanta to Austin and beyond.

Get a Quote or Learn More

• Get a Homeowners Insurance Quote

• Speak With an Advisor

• Explore More Insurance Guides

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