Home, Condo & Renters
Coverage C: Contents/Personal Property Coverage
Personal property owned or used by an insured while it is anywhere in the world. The standard limit for this coverage is 50% of the dwelling amount (if you choose a depreciated valuation method), or 70% (if you choose the full replacement method)
Personal property usually located at an insured`s residence, other than the residence premises, is 10% of the limit of liability for the contents limit, or $1000, whichever is greater. Personal property in a newly acquired principal residence is not subject to this limitation for the 30 days from acquisition.
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