![]() ![]() However, no matter which type of coverage you have, the company doesn’t simply write you a check for this amount when you file a claim. For $79 (or just $1.52 per week), join more than 1 million members and don't miss their upcoming stock picks. Motley Fool Stock Advisor recommendations have an average return of 397%. Others cover only the actual cash value, the price that your belongings would fetch if you sold them in their current condition. Some policies cover the replacement value of your goods, or the amount it would cost to buy new items to replace the ones you’ve lost. When you buy a home insurance policy, it lists two numbers for property coverage: one for the value of the dwelling itself, and one for “personal property.” This second number is the maximum amount you can claim for belongings that are destroyed in a covered disaster, such as a fire or mudslide. A list like this is called a home inventory, and it’s the best friend you can have when you need to file a home insurance claim. ![]() But fortunately, you don’t have to. Instead, you can write out your list ahead of time, while all your possessions are intact and right in front of you. Unless you have a mind like a computer, the answer is probably no. The company tells you that in order to process the claim, they need a complete list of everything in the home you’ve lost with details, such as the age and estimated value of each item. Would you be able to come up with that list from memory? Once you recover from your shock, you call your home insurance company to file a claim. You and your family escape unharmed, but by the time the fire is extinguished, there’s hardly anything left of the house or its contents. Not all coverages are available in all states.Imagine that one night your house catches fire. The precise coverage is subject to the actual terms and conditions of the insurance policy. This is a summary of coverage and services. Home inventory service professional#You are encouraged to consult an attorney or other professional for advice on these issues. Utica National shall have no liability to any person or entity with respect to any loss or damages alleged to have been caused, directly or indirectly, by the use of this information. It is provided with the understanding that the member insurance companies of the Utica National Insurance Group ("Utica National ") are not providing legal advice, or any other professional services or advice. ![]() NOTICE: This information is provided solely as an insurance risk management tool. We care deeply about our policyholders, which is why we strive to continually evolve the digital experience. Our digital Customer Care center offers a tailored experience with increased functionality for insureds. Our mission is to help our policyholders feel secure, appreciated, and respected, especially when adding assets to your home. The more you can document, the easier things will be in the event of a loss. There are many options in the iTunes and the Google play store. Home inventory service free#We also recommend looking up free or paid home inventory apps. ![]()
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