Taking Care of Your Possessions
Fire is every homeowner’s nightmare. Seeing all your prized possessions going up in smoke is demoralizing enough, but what is even more tragic is if you are unable to recoup your losses from your insurance. That’s why taking care of your property doesn’t start and end with acquiring property insurance. You should always make a property insurance inventory list. That way, you and your insurance company will have an accurate and detailed inventory of your possessions. Because, let’s face it, not everyone is gifted with a perfect memory. This will also help the insurance company to give you a more accurate replacement value for your personal property. The first step is to list down everything you own, starting from the most valuable such as jewelry, furniture, etc. Take pictures and make a video of your inventory as well. Next, make an estimate of how much these items cost. Finally, store your inventory list, along with the photos and videos, in a safe place, away from your home.