Personal property insurance, also known as "contents insurance," reimburses you in the event that your possessions within the home (whether you own or rent) are damaged, destroyed, lost or stolen. Read more...

Personal property insurance covers the contents of your home, your personal possessions. Do you actually need valuable property insurance? If you own your house, your homeowners insurance policy includes coverage for personal property. However, coverage for certain types of personal property--artwork, jewelry, antiques and firearms, for example--is very limited, ranging from $1,000 to $2,500. If the value of your personal property exceeds the limits of your homeowners insurance, or if you have valuable items that are insufficiently covered by a standard homeowners policy, you may need to expand your contents coverage with a scheduled personal property endorsement (aka a personal article floater). Read more...

Knowing details about the types of homeowners insurance is imperative when shopping for the right policy. If you need homeowners insurance or renters insurance, you may be mystified by the buffet of alphabet soup being served up by insurance companies. Read more...

Memorizing the differences between an HO-2 and HO-3 insurance policy isn't necessary, but understanding their terms and the perils they cover can help you identify the best coverage for your home. Read more...

When getting home insurance quotes, check with individual insurance companies to confirm the coverage provided by their policies. However, most companies follow similar standards of protection for homeowners. According to Insurance Information Institute, the following perils are commonly covered. Read more...

If you own a condominium, you'll need an individual condo insurance policy even though your condo association has its own coverage. While the condo association takes some of the insurance burden off you, you'll still need your own protection... Read more...

Condo association insurance typically covers building exteriors and common areas. However, this type of home insurance - known as the master policy or Home Owner Association (HOA) policy - doesn't likely cover what's inside your specific unit. It also may not cover all damages outside your unit. Read more...