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You need to check your policy as all companies have different terms. Also important, check your deductible. In most cases it's $1,000 - if yours is that much is making a claim in your best interest? Sometimes companies will increase rates if there are excessive or frivolous claims. Is it really worth it if after your deductible your return is only a couple hundred bucks? In general you should think of your insurance policy as being there when you need it in the event of catastrophical loss, not just as a convenience when a friend messes on your couch. Maybe a better solution is to ask the friend to cover it?

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Q: Will Homeowners insurance cover an expensive leather couch if a friend had an accident on it?
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