The Insuring Agreement for Personal Property includes coverage for:

The Insuring Agreement for Personal Property typically encompasses a range of movable items that are not permanently affixed to the structure of a home. Watercraft, which includes boats and other vessels designed for navigation on water, fall under this category. Personal property insurance is designed to cover items that individuals own and utilize for personal purposes, and watercraft fit this definition when they are used for recreational purposes rather than business.

While automobiles, trailers, and aircraft are types of personal property, they are usually covered under different specialized insurance policies. Automobiles typically require auto insurance, trailers may be covered under specific auto policies or separate trailer insurance, and aircraft are generally insured under aviation insurance policies. Thus, watercraft is the only option that directly aligns with typical personal property coverage under standard homeowners or renters insurance.