Read this tip to make your life smarter, better, faster and wiser. LifeTips is the place to go when you need to know about Understanding the Basics of Homeowners Insurance and other Home Insurance topics.
Understanding homeowner's insurance is important for your own protection. Many policies will include insurance for personal possessions in your home, but do you know exactly what is covered? It is a good idea to find out. Make sure you know everything that is covered under your policy.
You also want to have valuables like jewelry appraised and documented by a professional and then give that information to your insurance provider promptly. This way you are not struggling to prove the value of an item if you have to file a claim later on.
Here are a couple things you should double check to make sure you are insured for: