A New York Lesson for a Florida Loss: Why Prompt Notice of Loss and Policy Language Matter More Than You Think

A recent decision involving a Florida hotel should be studied by commercial policyholders, insurance agents, and property insurance claims professionals. The case, Touchmark...
HomeHome InsuranceWhat You Need to Know About Personal Property Insurance (for Your Home)...

What You Need to Know About Personal Property Insurance (for Your Home) | Blog



Take a look around your home. What would it cost to replace  everything
 if the home was to burn down? It would probably cost quite a bit. So most homeowner’s policies will start their basic guess of your personal property’s value at 50% of your home’s reconstruction value. In other words, if we believe your home would cost $300,000 to rebuild, we can guess that your belongings are worth about $150,000.