Insights on Insurance

How well do you remember exactly what’s in your home?  A severe fire or total loss to your house is one of the worst tragedies imaginable.  The myriad of details involved in replacing your possessions compounds the tragedy.  Can you describe every item in your home?  What did the items cost?  When did you buy them?  The task of remembering everything you own, from your socks to your flat screen television, along with determining their values, is daunting and subject to errors.

Repairing or replacing our homes after a loss is complicated enough, but replacing our contents is among the most crucial aspects of ‘picking up the pieces’ and putting our lives back together.  Be prepared.  We suggest using an online website such as www.knowyourstuff.org to inventory all of your possessions.  My office would be happy to send you a ‘Household Inventory Booklet’ which breaks down your home, room by room, listing typical items found.  E-mail ‘david_carlson_agency@nationwide.com’ or call us at 216-289-3232 and we would be happy to mail the booklet to you.  In addition, we recommend you take digital photos and/or videos and upload them to a device that can be stored safely away from home.

Are you a renter?  Keep in mind that everything you own is in your apartment and is ‘at risk’ due to the possible negligence of your neighbors.  Renters Insurance is quite affordable and very critical.