Contents insurance generally covers household belongings such as furniture, appliances, clothing and electronics against insured events like theft, fire or storm damage, depending on the policy. Policies can differ on accidental damage, valuables, temporary accommodation and items taken outside the home, so check the product disclosure statement (PDS). Choose a sum insured that reflects the cost of replacing everything, including smaller items, and check whether limits apply to jewellery, artwork or computers. Your insurer will assess any claim under the policy terms, so contact the provider or a licensed insurance adviser if you need help comparing cover.