When you bought your first home, contents insurance may have been the furthest thing from your mind. So, if you haven’t had a close look at your policy lately, perhaps it’s time to consider the valuables in your home, and the details of your existing policy. Below are a number of household items and/or incidentals that may not be included in your current insurance coverage:
High-tech equipment and systems, such as HVAC, hot water, central-vac, security, video & audio gear, computers, personal/portable devices, etc.
Home upgrades including major appliances, utilities, materials, etc.
Freezer and food spoils, bicycles, sporting and hobby equipment, etc.
Original art of photography, wedding gifts, heirlooms, keepsakes, etc.
If this list seems overwhelming, you may be comforted to know that some insurance policies have comprehensive policies that will cover most of these items as one, while some wlll encourage you to identify specific items to avoid higher premiums.