Home / Personal Property Coverage

SDL Brokerage’s Home/Personal property coverage is insurance that protect the items in your home. Your belongings are likely worth much more than you might think, and if they’re damaged or lost, our personal property (home) coverage will help you cover the cost of replacing them.

Determining Value

At SDL Brokerage, we will help you choose the correct amount of home property coverage you need. Your home is full of all the things that you love. Take a walk around and note the items you have spent a significant sum of money on. Take pictures of these items and keep receipts and all other documents that can help you track of the value of your belongings.

Replacing Your Belongings

If the items listed on your homeowners policy needs to be replaced because of a covered loss, there are two different ways your SDL Brokerage coverage could help:

  • Cash Value
    Your belongings are typically covered at fair market value. In other words, replacement cost minus depreciation.
  • Replacement Cost Coverage
    With replacement cost coverage, your insured personal property is typically covered for what it would cost to purchase them new at the time of the claim.

Scheduled Personal Property

Scheduled Personal Property is optional protection you can add to your homeowners policy to cover high-value items. Though home/personal property coverage helps protect the majority of your belongings, most insurance companies set limits on certain items, like jewelry.