Create a detailed list of your belongings and assess their value.

• Create a comprehensive list of all your personal belongings, including furniture, small appliances, tools, electronics, decorations, clothing, accessories, books, musical instruments, art, and other valuables.

• Next to each item, provide a description (such as make, model, and serial number) along with its value and purchase date. Keeping receipts and taking photos or videos of each item can help streamline the claims process later and assist in verifying losses for your tax return.

• For high-value items like fine art and jewelry, consider getting an appraisal to determine their current market value.

• Finally, tally everything up to assess the amount of property coverage you should consider.

Determine Your Net Worth

The amount of liability coverage you choose may be influenced by your net worth. To determine an appropriate coverage limit, add together the value of your assets and investments along with the worth of your personal belongings.

Decide whether you want to include personal articles floaters.

It all begins with an idea. Maybe you want to launch a business. Maybe you want to turn a hobby into something more. Or maybe you have a creative project to share with the world. Whatever it is, the way you tell your story online can make all the difference.

This is a frequently asked question?

While most renters insurance policies include personal property such as jewelry, watches, manuscripts, collections, and fine art, the coverage limits can be quite low. If you have items valued over $500, you might consider adding personal articles floaters for extended coverage up to a limit that you select.