A conventional homeowners policy also covers personal property, which includes anything you own that isn't land or buildings. The contents of your home make up your personal property (like furniture, clothing, and stereo equipment, as well as outdoor items like sporting equipment and gardening tools). In most cases, the personal property coverage limit is expressed as a percentage of the dwelling coverage amount specified in the policy.
Your homes insurance covers your personal property as well as any component of the condominium or cooperative unit that you own under the terms of the condominium or cooperative papers. You must choose a certain level of coverage for the structure, just like a homeowner. It's critical to understand your level of responsibility under the condominium or cooperative documents. In these types of scenarios, it is never a good idea to make educated guesses about the sums or percentages involved. It's best to double-check and, if possible, get this information in writing. Then store it somewhere safe in case you need it again. Personal Property Insurance in Bonita Springs from John Galt Insurance in Bonita Springs protects your assets. Contact our agents right away if you have any questions regarding your coverage.