Coverage reimburses you for damage to or theft of your personal property. Personal property insurance helps pay to repair or replace the things you own after a covered loss, like a fire or theft.If you have experienced a moderate to total loss and need assistance with completing your personal property inventory, our Contents Inventory Aids can be used. Valuable personal property insurance provides coverage for jewelry, engagement rings, cameras, watches, musical instruments and other valuables. Protect your business assets with Pennsylvania Business Personal Property Insurance. Safeguard inventory, equipment, and more from unexpected losses. To help you navigate your policy, the claims process or provide general home tips, check out our Policyholder Resource center. Policyholder Resources. Liberty Mutual understands the needs of Pennsylvania homeowners and offers customized homeowners insurance coverage to fit your specific situation.