When homeowners insurance comes to mind, people usually think about the coverage it offers for the house itself, such as the roof, walls, and foundation. However, your personal property is also a big part of your policy. Protecting our valuables and belongings is essential, and while your policy has you covered, the coverage isn’t uniform. There are coverage limits that are based on the specific type of property. This is where the difference between scheduled and unscheduled personal property comes into play. Let’s take a look at why these designations are significant. [Read more…]