Making an inventory in case you need to file a claim on your Maine home insurance
8/25/2011 12:00:00 AM
If you need to make a claim on your ME home insurance policy, the process will be much quicker and less onerous if you have an inventory of your belongings. Here are some tips on completing your inventory.
• Make a list of each of your major possessions, including each item’s description, where you bought it and details of the make and model.
• Electronic equipment and major home appliances will have serial numbers; record these on your list.
• Keep receipts and other purchase records with the list so that you have accurate cost information as well as proof of ownership.
• Items like collectables, jewelry and artworks are likely to change in value; have their value reappraised at regular intervals and keep the appraisals with your list. (Don’t forget to have these items noted on your policy to ensure they’re adequately covered).
• Photos or videos of your possessions are very useful records for your inventory; go through the house room by room and photograph furniture, fittings and belongings – and don’t forget items that are in cupboards or drawers.
• Use your personal computer to help you compile and copy your inventory.
• Store a copy of the inventory together with photos, receipts and other documents in a secure place such as a relative’s home, a safety deposit box or even on a web-based file storage system where you’ll be able to access it if your home is destroyed.
When it comes to filing a claim on homeowners insurance, Maine residents' inventory can help them make their claim quickly and avoid delays in processing and settling.
• Make a list of each of your major possessions, including each item’s description, where you bought it and details of the make and model.
• Electronic equipment and major home appliances will have serial numbers; record these on your list.
• Keep receipts and other purchase records with the list so that you have accurate cost information as well as proof of ownership.
• Items like collectables, jewelry and artworks are likely to change in value; have their value reappraised at regular intervals and keep the appraisals with your list. (Don’t forget to have these items noted on your policy to ensure they’re adequately covered).
• Photos or videos of your possessions are very useful records for your inventory; go through the house room by room and photograph furniture, fittings and belongings – and don’t forget items that are in cupboards or drawers.
• Use your personal computer to help you compile and copy your inventory.
• Store a copy of the inventory together with photos, receipts and other documents in a secure place such as a relative’s home, a safety deposit box or even on a web-based file storage system where you’ll be able to access it if your home is destroyed.
When it comes to filing a claim on homeowners insurance, Maine residents' inventory can help them make their claim quickly and avoid delays in processing and settling.
