Contents insurance generally covers household belongings such as furniture, electronics, clothing and appliances against insured events like theft, fire or storm damage. Policies differ, and some may offer optional accidental damage cover or limits for valuables, bicycles and portable items. Work out the replacement cost of your contents rather than relying on a guess, and check exclusions, excesses and sub-limits in the product disclosure statement. Your insurer can explain the available options, but whether a claim is covered ultimately depends on your policy and circumstances.