Yes. Homeowners insurance covers your home and personal property in the event that your home is broken into. This includes replacing the stolen items as well as the damage to your home. The coverage depends on your plan. There are two types of personal property coverage: replacement cost and actual cash value (ACV). With replacement cost, your insurer will pay to replace your stolen goods with new items, no matter how long you owned it. With ACV, the insurer pays an item’s actual worth after years of use.