Are items in my safe covered by home insurance?

Home burglary can result in huge financial losses. Such calamities can also destroy items in your safe, such as fire or floods. This can cause you emotional distress, especially if you discover that your home insurance policy does not cover the items. It is crucial to disclose to our agents at All Around Insurance Agency on all the various items you would like covered by your home insurance policy. For residents in Katy, TX, it is critical to disclose the contents of your safe and the actual value of the items in the safe.

What is a home insurance policy?

This a policy that covers you against financial obligation in the event of an accident or a disaster involving your home. A standard home insurance policy will cover your home structure and personal belongings in case of a fire. A home insurance policy will also cover you against legal liability for damages you have caused on other people’s property or injuries caused to others. No need to worry about injuries to your pets as they are also covered.

What is not covered by a home insurance policy?

Your home insurance policy does not cover all types of losses or damages. Such items as jewelry, collectibles, and fine art may be excluded from your home insurance policy. Some insurance companies will cover these items up to a particular limit, and it is essential to disclose the actual worth of your valuables. Additional insurance coverage will be recommended where the value exceeds the insurance limit.

If you are running your business within your home premises, business property is not covered by the standard home insurance. You will be required to purchase additional business insurance to cover these items.

Please feel free to visit our website for further information or call our agents at All Around Insurance Agency in Katy, TX. They will guide you through all you need to know about a home insurance policy.