Comparing policies

Home
What does the policy cover?______________________

• Is it written as "all risk" or "named peril?"
  (Hint: You want "all risk" -- it means your home is insured for all causes of loss except those specifically named as exclusions.)

Do you need specialty coverage to protect yourself against disasters?______________________

Is loss-of-use coverage included?______________________

• Under what circumstances does it kick in?______________________
• What does it pay for?______________________
• How long will it pay?______________________

Contents
Does the policy offer cash value or replacement value for your belongings?______________________

What about big items such as jewelry, art or even computers?______________________

• What are your specialty items worth and how much will it cost to get them insured?______________________

Liability
What is the liability coverage?______________________

What is excluded from liability coverage?______________________

How much coverage can you get from an umbrella policy and how much extra will it cost?______________________

Claims
What is involved in the claims process?______________________

• How does the company pay claims?______________________
• How long do you have to buy replacements?______________________
• If you decide not to replace the item at all, how will you be reimbursed?______________________