Insurance Company Information
When filing a claim for destroyed or stolen items, pre-recorded documentation
will make a claim easier and more credible. Be sure that all your items are
covered under your current policy. You might be surprised at the list of
exceptions that some insurance companies have listed. However, most insurance
companies do suggest a documented record of your belongings. The format is not
the same across the various insurance companies but the expectation is!
Here are a few insurance company quotes regarding the value of a home
inventory:
Travelers Insurance
“Conducting a Personal Property Inventory” literature states: “Take the time to
compile an inventory of your home now, and it will save you precious time and
frustration later.” “Benefits of having a personal property inventory include:
1. Helps to ensure you have the coverage you need.
2. In the event of a loss, it makes it easier for you to file a complete and
prompt claim, supported by accurate documentation.
3. Helps determine the replacement cost of your lost or damaged possessions to
settle your claim quickly.”
Farmers Insurance Group
The following can be found on the back of their "Household Contents Inventory
Record Book" - "This record can be worth thousands of dollars to you. Keep it in
a safe place outside your home."
State Farm Insurance
They offer the following under their "Home Inventory Tips" - "The threat of loss
of property from fire, theft, or other causes is always present. An accurate
inventory and proof of ownership at the same time of a loss can make claim
settlement easier and faster."
Allstate Insurance
Under their "Your Property" section, they ask you to ask yourself, "Do I have an
inventory and photographs?"
Contact:
Magnolia Business and
Home Inventory Services, LLC
PO Box 1434, Lexington, SC 29071
Tel: 803-356-3058
FAX: 803-356-3058
Internet:
sales@magnoliainventory.com
| 