Content Insurance

First lets start by defining content. Content normally, and most often refers to objects in side of your home. These objects are not normally attached to anything and don't normally include anything that could be covered by other insurances like car insurance, life insurance and other such things. If an object is attached to the house or has in some other way become a part of the house, then it is likely that that object cannot be covered by content insurance and will more likely fall under the category of home insurance. These things will, of course, have to be determined by your, or an, insurance company though.

Content insurance may be a good thing to have. When most people think of content insurance they think that they are just insuring their personal possessions against robberies, theft and other events that only take a few small items such as: jewelry, silverware or small electronics or a large item such as a tv or stereo system, but you can also insure against damage and natural disasters. If you are thinking about fires, you may not have to worry. Home insurance, if it covers fires, can cover personal property as well. To what extent everything is covered or how much is actually covered can vary. However, if you don't want, or can't afford fire insurance and perhaps have some valuables, you may want content insurance.

As for if content insurance is worth it, you may not realize how much stuff you have. There may be more in your home than you think. Go through your home and think about what you would have to buy if everything was stolen or destroyed. Granted, you don't have to cover everything, the odds of everything being stolen are not very high, but it's not entirely impossible. If you live in a bad neighborhood, you might also want to think about vandalism.

Damaged Contents

Content insurance can also provide coverage for damaged content or damaged items. If you live in an earthquake prone area, a lot of things in your house may be at risk for damage. Even if you don't think you live along an active fault line you may be at risk. Many people don't really know if there is a fault line anywhere around them. Earthquakes happen in a variety of places and current records (http://earthquake.usgs.gov/regional/world/historical.php) indicate that there is a rise in earthquake activity. So you may want to do some research or ask a professional to see if there are any fault lines in the area and if they pose a threat to your home or contents of your home.

Things to Protect

    •   Paintings
   •   Couches
   •   Furs
   •   Designer Clothes
   •   China/Expensive Plates
   •   Pottery
   •   Jewelry
   •   Computers
   •   DVD Collections
   •   DVD player
   •   TV's
   •   Technical Equipment e.g. cameras
   •   Expensive Appliances
   •   Expensive Tools
   •   Antiques
   •   Collectors Items
   •   Collections
   •   Designer Items
   •   Large Furniture Items

Keep in mind that technology related items, especially electronics lose value quickly.

Content Insurance