Many who purchase a home insurance policy may believe it automatically covers its structure and contents should something happen to it. However, the reality is far more nuanced than that. Knowing what’s covered and what’s not when it comes to your personal belongings will make all the difference should you find yourself facing a natural disaster or another emergency that impacts your home and its contents. If you’re shopping for home insurance in Albuquerque or Rio Rancho, NM, we’re here to give you the rundown on how much coverage you can expect to receive.

Does My Home Insurance cover My Valuables?

You’ll be pleased to know that most of your home’s contents are covered by your home insurance, including things like furniture, clothing, electronics, and similar items around the house that you’re likely worried about losing in various scenarios. That being said, some items have sub-limits, meaning only a small amount of your total coverage will cover some of your belongings. These limits are typically placed on higher-end items like jewelry (including gold and precious stones), firearms, and even larger items like watercraft. Making sure to schedule your items is crucial to getting the proper coverage. It’s also worth mentioning that your insurance might not cover certain types of damage. For example, if your home isn’t covered by flooding, damage to your items caused by flooding won’t be covered either.

Cover Your Home’s Contents With the Help of Franklin Insurance Agency

Here at Franklin Insurance Agency in Rio Rancho, NM, we understand the importance of having the right amount of coverage to ensure your home and your belongings are protected. We’re here to make sure that happens. Compare quotes today or contact us if you need additional support as you look for the right home insurance policy!