Yes it is but only up to a certain limit. Usually the limit is rather small because anyone can say "Oh yes, I has $100,000 in the house when it was broken into" The limit is usually around $400-500.
House contents insurance provides insurance coverage for the possessions in your house in case of fire, theft or other damages. If you have a lot of things or your possessions are worth a lot of money you should have this type of insurance.
Typically the contents of a home are not considered a part of it. It could be removed.
What if there was a will and the house was deeded to the wife what about the contents of the house?
Anything inside the house, furinture, appliances, clothes, pots, pans, towels, anything not a part of or connected to would be contents. If it is physically connected to the house it is not content. Bathroom sink is structure not content.
no they are not considered island :]
Regular house insurance does not cover the contents of the house and so will not cover the replacement of those items. A separate assessment is made of the contents of the house and a separate amount is charged for their insurance.
Contents Insurance with a landlord simply means that the Landowner has the items inside of the rented/leased house/apartment/etc. insured so that if any damage were to occur they would not be without money.
Totally! The family who keeps the money could give it back but decides to keep it is considered stealing
Ordinarily, no. Contents coverage is intended to cover the loss or damage to property kept within your home. The property is generally considered to be household furnishings and similar personalty.
You could go online to websites such as Money Supermarket and Money Saving Expert to find reviews on house and contents insurance. You could also reviews of companies that provide the insurance at the Better Business Bureau website.
The safest route to take is buying the house contents before you rent the house. This ensures the safety of the appliances that come with the house you are renting and if anything was to happen you would be covered.
One can get insurance for the contents in their house by signing up either for home contents insurance or fully comprehensive insurance. One can get such insurance from all the leading insurance providers such as Wells Fargo and MetLife.