This report presents guidelines to help homeowners, renters, and condominium owners purchase and maintain adequate insurance coverage for their residences and personal property. Types of property coverage discussed include the following: (1) standard policies and exclusions; (2) special programs (earthquake insurance, federal programs for flood-prone and high-crime areas, and the California FAIR Plan for fire insurance and other perils in high-risk areas); and (3) loss recovery (structural loss, personal property loss, and policy limits on recovery). A chart which lists perils covered by six types of standard policies is provided. Guidelines for choosing and maintaining adequate insurance discuss initial amounts of homeowners coverage, inflation guards, condominium coverage, personal property coverage, contents replacement provisions, scheduled articles endorsements, and personal liability coverage. Recommendations on developing a personal insurance program include selecting a plan (choosing a company and an agent), determining costs of coverage and keeping costs down, keeping coverage current for home and personal property, and maintaining and storing property records. Information in this report is current at the time of printing, June 1981, but is subject to change. (DC)