One way to figure out the total value of your personal belongings is to create an inventory by saving the receipts for your purchases and taking photographs of your belongings. As you do this, make sure you take note of the serial numbers for electronics, makes and models and the year of purchase. For valuable items without receipts, consider hiring an appraiser.  If your personal belongings tally up to a total value of, say, $30,000, you’ll want to purchase replacement cost contents insurance equal to that amount. But don’t lowball yourself – if you own valuable items like fine jewelry or art, which pushes the value of your contents beyond $50,000, it’s essential to insure them for that higher value or take out a separate insurance policy for your high-value items.  Documenting everything you own helps you understand their worth. This information guides your decision on personal property coverage and proves useful when filing an insurance claim.