Pennsylvania home insurance – Making an inventory
Whether you are looking to purchase your first Pennsylvania home insurance policy, renewing an existing one or moving home make an inventory is a great idea. With a little help from modern technology it does not need to be a laborious task and could save you a lot of time, money and stress in the future.
As with all insurances, the more records you have and the more evidence you are able to provide the more quickly you are likely to have your claim settled. There is also less room for dispute by the insurance company giving you increased protection from the Pennsylvania insurance company denying your claim.
It may also help you to purchase appropriate Pennsylvania home insurance. Your home may contain some valuable items but when you are surrounded by them every day it is easy to forget how much it would cost to replace them. This may refer to valuable jewelry or paintings but can equally refer to more mundane items such as expensive flat screen TV’s or even expensive clothing in some cases.
Before you begin your inventory it is a good idea to get hold of a camera and create a basic printed form that details the item, location, model number, serial number and value if known. If you are lucky or organized enough to have receipts then it is always a good idea to keep these with the inventory as well. There are also a number of smart phone and tablet apps that can be used for this purpose. If you prefer to use one of these you can simply take the photos and input the details.
It is a good idea to work methodically through your house in a way that makes sense to you. You should always ensure that you check around the house thoroughly including in drawers and units for any forgotten items that have been safely hidden. As a general rule of thumb, if you think you are likely to claim for an item if it damaged, lost or stolen then make a note of it on your inventory. Do not automatically dismiss low value items such as toys as these items in bulk can amount to quite a large sum of money.
Once you have completed your inventory it is worthwhile taking the opportunity to check your insurance cover and make sure that you are indeed covered under your Pennsylvania home insurance including general insurance and any specialized insurances you may have purchases such as flood insurance.