7. Not all of your belongings get covered
All in all your belongings are covered by a home insurance policy, but what most people don’t know is that there are some limits to that coverage for some items. For example, watches, furs, electronics, and jewelry are limited to $1,000-$2,000 coverage.
So if you have jewelry that’s worth more than that, you won’t be covered much. However, homeowner’s insurance covers your belongings even outside of your home, so if your iPhone gets stolen from the car – you will still be covered. Although, off-premises items get coverage of only 10% of your coverage limit. Hit ‘next’ to see what else affects your coverage!
