Insurance Company Comments

 



 

When filing a claim for destroyed or stolen items, pre-recorded documentation will make a claim easier and more credible.  Be sure that all your items are covered under your current policy.  You might be surprised at the list of exceptions that some insurance companies have listed.  However, most insurance companies do suggest a documented record of your belongings.  The format is not the same across the various insurance companies but the expectation is!


Here are a few insurance company quotes regarding the value of a home inventory:

 


Insurance Bureau of Canada

"If you’re like most people, you take such things for granted. You bought it and it works. End of story. But what if you had to replace it and ALL of your other possessions? After a fire or a break-in, an inevitably stressful time, do you think you could remember all the details that went into making your house a home and what everything cost? It’s amazing how much stuff builds up over time!"
 

State Farm Insurance

They offer the following under their “Home Inventory Tips” - “The threat of loss of property from fire, theft, or other causes is always present.  An accurate inventory and proof of ownership at the time of a loss can make claim settlement easier and faster.”

 

 

Allstate Insurance

Under their “Your Property” section, they ask you to ask yourself, “Do I have an inventory and photographs?”

 

 

RBC Insurance

“If you ever have to make a claim, your visual record of the missing or damaged items will make the process much easier.”

 

 

Dominion of Canada General Insurance Company

“To claim under your insurance policies for loss or damage to your personal property, it is necessary to provide the adjuster with a complete inventory of the property lost or destroyed.  This is made easier if you have completed and inventory before the loss occurs.”

 



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