Historical March 1984 report or notice. Original dates, prices and contacts describe the source period; current availability has not been established.
The questions this month concern homeowner coverage of personal property. Remember, any time you make a major purchase for your home, you should contact your insurance agent.
Here are a few of the questions: Q: Does the unscheduled personal property coverage include replacement coverage on my jewelry? A: Yes, to the limit specified in your policy and depending on the company you have your homeowners or renters insurance with.
The limits vary. Replacement coverage must be written as a part of the policy or as a rider, and, if you have jewelry, silver, antiques or any other items you could not replace or that exceed your policy limits, you should have them appraised and then covered on a “personal articles floater.” Then, if you have a loss or a “mysterious disappearance,” they will be covered for the value stated in the appraisal. Q: I have a home computer. Is it covered with my personal property on my renter’s insurance? A: Home computers are fast becoming a standard home appliance. You should contact your agent to see how it is covered on your policy. Generally, your personal property coverage should be increased by the value of the computer.
This usually only amounts to a few dollars per year. You should also document the model number and serial number to your agent.
If you are using the computer as a part of your business, your agent will probably want to cover the computer with a rider or on a separate policy. Do you have a question about your insurance coverage?
If so, direct it, in writing, to The Paper, 6008 Kingsbury, St. Louis, Mo. 63112.
Originally published in The Paper, March 1984.
Read this article in the original newspaper issue.
Original source: SD_Times1984_03.pdf, printed page(s) 2; PDF page(s) 2.
