What Should Be Covered Under Home Insurance? 
Home insurance should primarily provide coverage for the reconstruction of the dwelling -LRB- house -RRB- in the event of a covered loss ; however , there are many other items that need to be covered in the event of a loss . It is usual and customary in most States for Flood and Earthquake risk to be excluded from the home insurance policy ; however , Flood Insurance and Earthquake Insurance is available even if it is with an alternate carrier . Consumers purchasing home insurance should make sure that the Dwelling , Other Structures , Personal Property , Loss of Use , Medical Payments and Personal Liability coverage is provided for on a policy.You may need some guidance regarding the limits of coverage ; you must particularly pay close attention to the Personal Property coverage since there are sub limits on every policy which apply to Jewelry , Furs , Silverware , Artwork etc. . . If you need more coverage , you may be able to purchase an optional endorsement allowing higher limits or you may need to obtain a current appraisal and purchase a Personal Article Floater -LRB- PAF -RRB- which will insure your high valued belongings . Many people rush through the insurance process later to find that they did n't spend the deserved time to review what they were buying . It is prudent to fully review your coverage at least once every 3 or 5 years . 