Personal property includes all household furnishings and your own personal belongings, including clothes. Personal property insurance helps pay to repair or replace the things you own after a covered loss, like a fire or theft.Personal property coverage for homeowners insurance is typically a set percentage of the dwelling coverage. Liberty Mutual understands the needs of Minnesota homeowners and offers customized homeowners insurance coverage to fit your specific situation. First, before you experience a loss, it's a good idea to take inventory of your personal property, complete with pictures and the purchase price of each item. We recommend reviewing your homeowners' insurance policy and all of its coverage. Personal Property Insurance helps replace these items if they are lost, stolen or destroyed as a result of a covered loss. Scheduled Personal Property Coverage. How does personal property coverage work? Your homeowner policy limits coverage on some items.
