Consumer Alert: Home Inventory
Miller is reminding consumers about the importance of keeping a home inventory
checklist. Having an exact record of the belongings in your home makes it
easier to submit a claim on your homeowners insurance policy for replacement or
actual cash value in the event of damage or theft.
Spring is here,
and many Pennsylvanians are in the process of spring cleaning. This is a great
time to take note of your belongings and either start your inventory or make
changes to it.
It’s a good
idea to record enough information about the items in your home that would make
them easy to replace. This could include the brand name, model, the price at
which you purchased it, and when you bought it. This is particularly important
details you have about your possessions, the easier it is to make an exact,
detailed insurance claim, and to replace the items in question. Taking
photographs of your belongings and keeping receipts or documentation that
provide proof of ownership is also helpful.
complete your inventory, it is a good idea to talk with your insurance agent or
company to confirm what your policy covers, and to determine if you need
additional coverage for any of your belongings, like expensive jewelry or
Association of Insurance Commissioners (NAIC) has a printable inventory checklist that you can fill out, as well as
apps for iPhone ® and Android ®.
information, visit our Homeowners Insurance page.