Fire insurance covers four things: the house, other buildings such as a detached garage or shed, personal property (all your things), and the expenses associated with obtaining temporary housing in the event of a fire. Certain big-ticket items might need to be insured separately in addition to the above. These might include such things as furs, jewelry, fine art. Check with your agent to see if they are covered by your regular policy. Your personal property is generally valued at up to 70 percent of the value of the house. It is best to have some record of your property in case of a loss. Make a video of your home and all your possessions and keep it someplace besides your home. Then in the event of a fire, you have a record of what was lost.