Personal Property Coverage (Coverage C)
Covers the contents of your home — furniture, clothes, electronics, kitchenware, sporting goods.
Personal Property Coverage (Coverage C) pays to repair or replace your belongings — the stuff inside your home. The standard limit is typically 50-70% of your dwelling coverage (so a $400,000 dwelling policy might come with $240,000 personal property), though you can adjust it.
This coverage applies whether the property is in your home, in your car, in a storage unit, or temporarily traveling with you (with some sub-limits). The most important thing to know: by default, certain categories have low sub-limits even if your overall personal property limit is high. Common sub-limit examples: - Jewelry: typically capped at $1,500-$2,500 per item or claim - Cash: typically capped at $200 - Firearms: typically capped at $2,500 - Business property: typically capped at $2,500
If you own engagement rings, fine art, collectibles, expensive cameras, musical instruments, or business equipment beyond these limits, you need a "scheduled personal property" endorsement (also called a "rider" or "floater") to cover the full value.
Renters and condo policies use this same Coverage C structure for the bulk of their value — since renters and condo owners don't insure the structure (the landlord or HOA does), the contents are usually the largest portion of their policy.
Related terms:Dwelling Coverage (Coverage A)·Replacement Cost·Endorsement / Rider
Related Geneva services:Home Insurance·Condo Insurance·Renters Insurance