1. A personal finance dashboard can help you determine if you have proper coverage for household belongings. Homeowner’s insurance protects you against financial loss in case your home is damaged or destroyed.

Your household belongings, such as furniture, appliances, and clothing, are covered by the personal property portion of a homeowner’s insurance policy up to a portion of the insured value of the home. That portion may range from 55 to 75 percent.

YOUR SITUATION: Have you established a specific and measurable portion of coverage for your household belongings? Do you have adequate additional living expense coverage if a fire or other event damages your home? Some policies limit additional living expense coverage to 10 to 20 percent of a home’s total coverage amount. Have you considered a personal property floater for additional property insurance that covers the damage or loss of a specific item of high value?