One of the most basic types of insurance you will buy in your lifetime is homeowners insurance. We have peace of mind in dealing with many of the calamities that may befall us in our homes. That said, we need to be careful not to assume a greater degree of coverage than we actually have. This would land us in the most unpleasant predicament of discovering we're on our own, when in fact we thought we had help. In order to be quite sure of the extent of your coverage, you should certainly speak with your insurance provider. In the meantime, Here are some guidelines as to some types of coverage that are not automatically included in your homeowners policy, which you might consider useful to purchase additional coverage for.

Identity theft. While
basic home insurance can cover the hard costs of materials removed
from your home, something like identity theft, whose costs are much
trickier to calculate, is not covered by basic homeowners insurance.
We recently discussed several ways that you can protect yourself
against this kind of theft, including add-on coverage onto your
homeowners insurance policy.
Luxury goods in your home.
Jewelry, antiques, artwork, and firearms are tricky: on the one hand,
they are covered under your basic home insurance policy, but on the
other hand, the coverage may not reimburse you for nearly what these
items are worth. Insuring them separately will help you ensure that
they are replaced for their actual value to you.
Regular goods in your home.
Now these items are definitely covered by your homeowners insurance
policy. However, you might not get what you expect for
them—especially that the reimbursement values usually take into
account depreciation. This means that a computer you paid $2000 for a
couple of years ago will be reimbursed for less than that. If there
are certain items you want insured for a certain replacement value,
talk to your insurance provider.
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