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Contents Insurance [TOP]

Part of any standard renters or homeowners insurance policy, your personal property coverage (also known as Coverage C) helps you recover the cost of your lost or damaged stuff for a bunch of different scenarios.

contents insurance


Please note: Lemonade articles and other editorial content are meant for educational purposes only, and should not be relied upon instead of professional legal, insurance or financial advice. The content of these educational articles does not alter the terms, conditions, exclusions, or limitations of policies issued by Lemonade, which differ according to your state of residence. While we regularly review previously published content to ensure it is accurate and up-to-date, there may be instances in which legal conditions or policy details have changed since publication. Any hypothetical examples used in Lemonade editorial content are purely expositional. Hypothetical examples do not alter or bind Lemonade to any application of your insurance policy to the particular facts and circumstances of any actual claim.

Most contents insurance offers the replacement value of your belongings, sometimes called 'new for old' cover. It covers the full cost of replacing your belongings with new ones, which often cost more. Replacement value gives you the best cover, but it's more expensive.

To help, Good Shepherd Microfinance has a list of common household items and their average value. See the Insure it, it's worth it toolkit. Or use the contents insurance calculator on the Insurance Council of Australia's website.

If you rent your home, renters insurance could be a good option. This type of contents insurance is usually cheaper. It may cover accidental damage to the house, and legal costs if someone injures themselves on the property. However, it has more exclusions and limits than regular contents insurance.

You will also have to pay extra to cover possessions that you take out of the home, for example, cameras or jewellery, or to cover a particularly valuable item. Your policy may not cover the contents of a freezer or a mobile phone and there may be an upper limit for a single item.

If you're renting, check to see whether you are responsible for insuring any contents belonging to your landlord because you may be liable for replacing any items that are lost or damaged. If you rent an item, for example, a television, check whether you need to insure this.

Before you take out a policy you need to work out how much cover you need, based on the cost of replacing all your possessions. Many people under-insure themselves, so make sure you include everything, including carpets or flooring and the contents of your garage or shed. You may want to get several quotes before choosing a policy.

Home contents insurance policies are usually worked either on the number of rooms in your house. These are known as bedroom rated polices. Alternatively, they may be based on the total value of the contents and possessions you own. These are called sum-insured policies.

If you aren't sure if your items can be covered, just call one of our friendly team on 0333 220 2090 who will be happy to help.If you buy our contents insurance, your belongings will be covered for theft, vandalism, fire damage, water damage and even natural events like lightning strikes.

If you rent a property alone, with your partner or as a family, you can insure your contents with Admiral Home Insurance. If you're living in a house share or you need students' contents insurance while living in shared accommodation, read more on our Tenants Insurance page.

To add up the value of everything in your home, go from room to room and pop the value of each item into our contents calculator. You'll also need to tell us about anything with a value of 1,000 or higher to make sure we're able to cover them.

Your contents cover will increase (up to the amount showing in your policy documents) for 14 days before and after the date of a celebration. It includes Christmas or other religious festivals, wedding or the birth of a child and covers the gifts and food bought for these events.

Yes, carpets fall under our definition of 'contents' and you should include the cost of replacing your carpets when working out the value of your contents. If you want carpets to be covered for accidental damage make sure this has been selected.

Under Admiral Gold and Platinum policies, damage to trees, shrubs, plants and lawns is covered with some exclusion. While we cover your garage contents, restrictions apply in relation to theft from a garage or outbuilding. You can find out more about the restrictions in your policy booklet.

No, this type of cover is totally optional but it could be essential for you if something were to happen to your home contents. Think about everything in your home - your tech, furniture, clothes - all of your belongings. Could you afford to replace them if something happened to them?

Admiral is a trading name of EUI Limited. (Reg No: 02686904). EUI Limited is a subsidiary of Admiral Group plc and is authorised and regulated by the Financial Conduct Authority (Firm reference number: 309378). These details can be confirmed by visiting the Financial Services Register, EUI Limited acts for, and on behalf of, other regulated insurance companies. Further details may be provided on request. Admiral Money, Admiral Loans, Admiral Car Finance, Admiral One and Finble are all trading names of Admiral Financial Services Limited (AFSL). Admiral Financial Services Limited (Reg No: 10255225) is a subsidiary of Admiral Group plc and is authorised and regulated by the Financial Conduct Authority (Firm reference number: 771862). These details can be confirmed by visiting the Financial Services Register, Veygo is a trading name of Able Insurance Services Limited. Able Insurance Services Limited (Reg No: 2890075) is a subsidiary of Admiral Group plc and is authorised and regulated by the Financial Conduct Authority (Firm reference number: 311649). These details can be confirmed by visiting the Financial Services Register, Admiral Group plc is registered in England and Wales at Tŷ Admiral, David Street, Cardiff. CF10 2EH (Reg No: 03849958)., LLC is a licensed insurance producer (NPN: 19966249). services are only available in states where it is licensed. may not offer insurance coverage in all states or scenarios. All insurance products are governed by the terms in the applicable insurance policy, and all related decisions (such as approval for coverage, premiums, commissions and fees) and policy obligations are the sole responsibility of the underwriting insurer. The information on this site does not modify any insurance policy terms in any way.

Personal property coverage is also available with other types of property insurance, like renters or condominium insurance. Knowing what exactly this coverage includes, and what items have limited coverage or what perils are excluded, will help you understand how your coverage works in a claim situation.

In short, your personal property coverage applies to the vast majority of the belongings that you store in your house. Some insurance professionals make this concept easier to understand by saying that contents insurance covers anything that would fall out if your residence was turned upside down.

Note that your house and contents insurance only kicks in after a covered loss. So if a fire damages your couch, your policy will almost definitely provide coverage to repair or replace it. But if you spilled on it and now want a new one, a claim would be unsuccessful.

As a renter or condo owner, because you lack a dwelling coverage amount to guide your limit, you get to set your own contents insurance limit, although your carrier may indicate a required or recommended minimum.

In the event that you buy a contents insurance policy and get to pick your coverage limit, you may be best served by first creating a home inventory, or a comprehensive list of what you own. This may help you determine where you should set your policy limits.

You will notice quite a few high-value items have been included in the list of what contents insurance covers. While personal property coverage usually will help pay to replace the item, almost all policies place sub-limits on certain item types. For example, your policy might pay out up to $1,500 to replace stolen jewelry.

Read your policy to identify any specific sub-limits. If your house and contents insurance would not be sufficient to cover some of your more expensive belongings, you can explore specifically adding them to your insurance policy through a rider or endorsement (for an additional cost). Alternatively, you may be able to get a separate insurance policy for them.

The NFIP provides flood insurance to property owners, renters and businesses, and having this coverage helps them recover faster when floodwaters recede. The NFIP works with communities required to adopt and enforce floodplain management regulations that help mitigate flooding effects.

Flood insurance is available to anyone living in one of the 23,000 participating NFIP communities. Homes and businesses in high-risk flood areas with mortgages from government-backed lenders are required to have flood insurance.

To purchase flood insurance, call your insurance company or insurance agent, the same person who sells your home or auto insurance. If you need help finding a provider go to or call the NFIP at 877-336-2627.

NFIP offers a wide range of publications, videos, graphics and online tools that help policyholders, agents and other servicers navigate the flood insurance process before, during and after disaster. Digital resources can be downloaded, and certain print publications can be ordered for free.

We provide reports on the National Flood Insurance Program's (NFIP) financials and offer guidance on conducting daily operations for existing and new NFIP sellers and servicers. Find information on the Write-Your-Own program, reinsurance, Risk Rating 2.0, plus the Flood Insurance Manual and other tools. 041b061a72


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