Insuring the Contents of Your Home

When you take out a home insurance policy, as required when you apply for a mortgage, you might think about all the additional items that come with being a homeowner. Instead of applying for separate insurance policies to cover your property , personal belongings, additional living expenses, or replacement costs, you might consider bundling all of that risk into one home insurance policy. One of our most common additional coverages under a home insurance policy is coverage to protect your personal items . At Advisors Insurance in Greenville, South Carolina, we know that what you store in your home can be just as important (maybe more important) than the home itself.

Personal Items

Oftentimes, as homeowners, we store many valuable items in our home that hold more sentimental value than the home or property itself. These can range in things like wedding rings, family heirlooms, expensive furniture, custom art or costly appliances. Home insurance is just an overarching term that can encompass multiple facets of your home policy like personal belongings, property, liability and more. We recommend that you always consider a policy that protects these belongings so you can financially recover the replacement cost if something happened to your home.

What is Required for Home Insurance in South Carolina?

Unlike car insurance in SC, there is no set minimum for home insurance because typically, your home is an evaluation of what you feel it’s worth. With that in mind, you still must have a home insurance policy to apply for a mortgage in South Carolina.

What Does Home Insurance Cover?

Home insurance is a term used to state that you have a home policy, but you can choose additional aspects of the home that the policy covers. We recommend that you evaluate your personal belongings inside your home to accurately reflect the cost of your policy should you need to replace these items.

Can Home Insurance Cover Jewelry?

Yes, in fact, we recommend that you cover your jewelry in your home policy or renters’ insurance policy to ensure that you can cover the replacement costs of those items.

Is Home Insurance Coverage Expensive?

The average cost of home insurance in South Carolina is about $1,400 a year, which equates to about $116 a month. By bundling in additional coverage like personal belongings, you only raise this rate by a few dollars per month.

Advisors Insurance is Here to Help

At our agency in Greenville SC, we specialize in home insurance, car insurance, life insurance and business insurance. We also always make sure our clients go through a multi-step approach to assess their risk versus loss so we can help clients select the best coverage for any aspect of their life. With homeowners’ insurance, it’s important to properly evaluate your personal items so we can tell you how much insurance you can afford on each item versus the risk associated with losing the item. We then work with many policy lenders across the state to select the best insurance company for your associated risk and take steps to manage your insurance portfolio so you don’t have to. This includes letting you know when your coverage needs to be renewed, how much additional coverage you need, or sometimes we can even decrease your policy rates when better lenders come through our pipeline.

If you’re ready to get started with a company that truly cares for your well-being, contact Advisors Insurance today! We’ve helped families, businesses and individuals all across the state, including the towns of Columbia, Florence, Anderson and Simpsonville SC. We can’t wait to hear from you!