A useful contents insurance checklist includes an inventory of your belongings, estimated replacement costs, photos or receipts, and details of high-value items such as jewellery, laptops and bicycles. Check whether the policy covers accidental damage, temporary accommodation, storage and items taken away from home, and note exclusions, excesses and limits for individual categories. Confirm whether cover is for replacement value or an amount reduced for age and wear, and understand any security requirements. Read the Product Disclosure Statement and update your contents list after major purchases; the insurer will assess cover based on your circumstances.