Statistics show that 2,000,000 homes are burglarized throughout the United States each year. Many homeowners opt to invest in insurance that will protect them against financial loss in the event a burglary takes place, but simply having a policy in place may not be enough to ensure you are fully protected.
Here are three home insurance tips you should follow to make sure your belongings are fully protected in the future.
1. Make sure that you purchase enough insurance to cover your valuable items.
When it comes to investing in an insurance plan for your personal belongings, you must take the time to inventory your valuables to ensure that you are purchasing enough coverage to guard against financial loss.
Statistics show that over half of the homes in the United States have three or more televisions. Many homes have desktop and laptop computers, expensive video game systems, and priceless antiques as well. Be sure that you inventory all of the valuable items a burglar might target, and invest in an insurance policy that is sufficient to cover the value of your personal belongings.
2. Maintain a file that includes proof of purchase information for valuable items.
In order to collect on an insurance claim, with the help of a company like Skipton Claims Management, after your home has been burglarized, it is imperative that you are able to prove you had ownership of the items you are claiming were lost. Taking the time to establish a file that includes proof of purchase information for valuable items now will make it easier to file a claim in the future.
Be sure that you are keeping important documents like receipts, user's manuals, or bank statements showing the date of purchase and the value of the item in question. If you cannot locate these documents for all of the valuables in your home, take digital photographs that can be used to provide proof of ownership in the event your home is burglarized.
3. Update your insurance policy as needed.
Personal belongings can be difficult to insure because homeowners are constantly purchasing new items. Each time you make a large investment in an expensive electronic device or piece of furniture, be sure that you evaluate your personal belongings insurance policy to ensure that you are still covered.
By updating your policy as needed, you will be able to rest assured knowing that the money you have invested in your belongings is protected in the event of a burglary.
Being burglarized can be traumatic. Ensure that financial woes don't add to the trauma by taking the time to evaluate your personal belongings insurance policy today.