IN West Jefferson Hills Fall 2018 | Page 13

INDUSTRY INSIGHT HOME SAFETY W ould you be able to list everything that was damaged, destroyed or lost in your house or apartment if you had to file a claim with your insurance company? Trying to remember everything when dealing with a claim is not an easy task. You would have a thousand things on your mind, like finding your most important personal documents and family heirlooms, in addition to trying to arrange a place to live. However, you can avoid this potential distress - and the risk of your insurer disputing or not paying the claim - by preparing a detailed home inventory. More than 75% of U.S. homeowners don’t have an inventory, according to the National Association of Insurance Commissioners. Moreover, of those who do have one, they generally don’t keep their records up to date. Having a home inventory can make filing a claim much easier. Also, if you prepare an inventory it will help you assign a value to your SPONSORED CONTENT possessions, which in turn can help you and the insurer decided how much insurance you need. It may sound like a daunting task to just get started, but fortunately, TWS Home Inventory and Asset Management Group has created this handy list to help you take stock of your stuff. READ YOUR POLICY AND DISCUSS IT WITH YOUR INSURANCE AGENT You need to understand your policy so you can know if you are you covered for the replacement value of your possessions or only actual cash value, or whether you need any special riders or endorsements for specialty items, such as: • Jewelry, • Musical instruments, • Firearms, • Expensive sporting goods like scuba gear or golf clubs. TAKE PHOTOS OF THE OUTSIDE OF THE HOME Shoot the property from all sides, including any landscaping, outdoor furniture, and accouterments. TAKE PHOTOS OF EACH ROOM FROM ALL ANGLES Make sure that your pictures cover every piece of furniture, art and other decorations in every room. OPEN EVERY CLOSET, CUPBOARD, AND DRAWER Go through all the places that you keep your possessions and, if you find anything of value, document it. Document when and where you got it and how much you paid for it. If you haven’t gotten in the habit of doing so, keep receipts for all of your big purchases. Don’t forget to photograph and document your clothes. If you have any expensive items, like fur coats, business suits or fancy dresses, take separate photos of them. NOTE THE MODEL, SERIAL NUMBER OF ELECTRONIC ITEMS Take pictures and list the details of computers, mobile phones, tablets, TVs, stereo systems, etc. Free to do what’s right for you. SM Sponsored by Trusted Choice Independent Insurance Agents of North Carolina To learn more about protecting your family, home or business, visit www.TrustedChoice.com. Cusumano Insurance Agency 178 Clairton Blvd (Rt 51) | Pittsburgh PA 15236 (412)655-4432 [email protected] www.cusumanoinsurance.com Like us on Facebook *To see these statistics or others about distracted driving, visit www.distraction.gov Cusumano Insurance, a local family-owned business, has been serving the Pittsburgh area since 1958. The agency represents several insurance companies offering various options for your personal and business insurance needs. Its experienced staff are creative problem solvers who help find the suitable insurance companies, products and discounts to meet your specific needs. Give them a call today for a free insurance review. This Industry Insight was provided by: Joann Cusumano Sciulli, AAI Agency Principal Rosann Cusumano Elinsky, AAI, LUTCF Agency Principal PAY EXTRA ATTENTION TO CHINA, CRYSTAL, AND SILVER If you have a fancy set of china and cutlery, place it all on a table and take a picture. Take pics of the front and back of your plates, to show the brand name and the pattern. COVER THE GARAGE AS WELL Often people have more valuables in their garage than any other place in their home. Again take pictures of everything in there - your tools, equipment, sporting goods, bikes, etc. PHOTOGRAPH FAMILY HEIRLOOMS Include rare items you have inherited when taking pictures. Even though insurance can’t replace the sentimental value, it may replace the cost of those items. SCAN ALL RECEIPTS Get into the habit of scanning your receipts and taking a picture of the item and keep together. Keep things organized with one folder for each room. KEEP INVENTORY OFF-PREMISES You should have a home inventory at home, but also keep one off your premises. These days that’s quite easy since you can store it on the cloud with a free service like dropbox.com. Cusumano Insurance Agency, Inc. • 178 Clairton Blvd. • Pleasant Hills, PA 15236 WEST JEFFERSON HILLS ❘ FALL 2018 11