DEFINITION of 'Non-Scheduled Personal Property'
Refers to the items that are automatically covered under your homeowners insurance policy. Non-scheduled personal property are common items that the majority of people own, and do not require an appraisal or receipt to be provided to the insurance company in order for the item to be covered under the insurance policy.
BREAKING DOWN 'Non-Scheduled Personal Property'
Although each insurance company is different, some examples of non-scheduled personal property are: furniture, clothing, kitchen appliances and small electronics. Non-scheduled personal property also does not typically require an additional premium to be added to the current insurance premium in order for the items to be covered.