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Your Homeowners Policy Coverage Limits
Your homeowners policy contains several “categories” of insurance protection, each of which has its own coverage limit. As illustrated below, some of your limits are preset-based on a percentage of the coverage your select for your dwelling.
Typical items included within your property coverage categories are listed below. Together, this information can help you compare your respective coverage limits with the sum values of your different types of property. If you feel a change is in order, you can usually have your limits adjusted.
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Coverage Category
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Most Your Policy Will Pay
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Your House (dwelling)
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You choose a limit based on the replacement cost of your home.
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All Other Structures that are not attached to your house
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10% of your dwelling limit
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Household Contents and Personal Belongings
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50% of your dwelling limit
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Loss of Use of your house
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20% of your dwelling limit
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Personal Liability (injury to others/damage to other’s property)
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$300,000 Standard (plus related costs to defend you)
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Medical Payments to Others
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$1,000 Standard
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 Dwelling
These items are all insured under your “Dwelling” coverage limit, which you choose based upon the value of your home:
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Your House
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Built-in Applicances
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Attached Garage
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Attached Decks
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Attached Sheds
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Wall to Wall Carpeting
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 Other Structures
These items are all insured under your “Other Structures” coverage limit, which is equal to 10% of the coverage you carry on your house.
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Animal Enclosures
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Gazebos
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Detached Decks
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Greenhouses
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Detached Garages
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Jacuzzis
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Detached Sheds
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Swimming Pools
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Driveway
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Swing Sets
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Fences
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Walls
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 Personal Property
Your household contents and personal belongings are all considered “Personal Property” and are insured under one coverage limit that totals 50% of the amount of insurance you have on your house. Typical items that fall within this category include, but are not limited to:
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Air Conditioners (Not permanently installed
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Guns
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Antiques
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Jewelry
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Applicances (Not built-in)
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Lawn Mowers
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Artworks
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Luggage
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Autographs
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Money
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Awnings (Removable)
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Musical Instruments
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Books
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Paintings
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Carpets (Other than wall-to-wall)
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Patio Furniture
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Chinaware
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Pewterware
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Clothing
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Pots and Pans
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Collections
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Silverware
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Computers/Computer Equipment
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Snowblowers
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Crystal
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Sports Equipment
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Draperies
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Stereo Equipment
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Exercise Equipment
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Tapes
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Furniture
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Televisions
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Furs
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Tools
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Goldware
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VCRs
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Yard Items
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Your personal property is insured for damage caused by:
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- Freezing of a plumbing, heating, air conditioning, or automatic fire protective sprinkler system or a household appliance
- Ice, Snow or Sleet (the weight of)
- A Household Appliance or System You’re covered for damage caused by the sudden and accidental cracking, burning, bulging or tearing apart of a steam, hot water, air conditioning, or automatic fire protective sprinkler system or appliance for heating water.
- Power Surges-that are sudden and accidental-to electrical appliances, devices, fixtures, and wiring
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- Riot or Civil Commotion
- Smoke Must be sudden and accidental and excludes smoke from agricultural smudging or industrial operations
- Theft (Note exceptions in entries)
- Vandalism or Malicious Mischief
- Vehicles
- Volcanic Eruption
- Water or Steam that accidentally discharges or overflows from a household system or appliance
- Windstorm or Hail
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Insurance settlement for your personal property is based on the item’s actual cash value at the time of loss.
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Your house and other structures are insured against countless causes of loss.
Coverage for your dwelling and other structures is much broader than coverage for your personal property. In fact, the type of loss covered are so numerous that your policy only names the kinds of loss that are not covered. In very general terms, your structures are insured against all the same kinds of loss as your personal property plus any other kind of loss except those caused intentionally or by:
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- Neglect
- Wear and Tear
- Collapse
- Earhquake
- Landslide/Mudslide
- Flood, Tidal Waves, Water from Sewer or Drains
- Constant or Repeated Seepage of Water or Steam from within a household appliance or system
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- Insects, Vermin, Rodents
- Power Failure Off Premises
- Smoke that is not sudden or accidental
- Illegal Acts
- Nuclear Reaction radiation, or radioactive contamination
- War
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Insurance settlement for your dwelling and other structures is based on the replacement cost of the property.
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