Winter --- a good time to think about your personal property coverage.
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If you had an insurance loss today, would you be able to provide a list of items? Do you have the correct amount of coverage and should some of your items be scheduled? This should always be evaluated at each policy renewal, but another good time is during the winter months when most of us are generally not as busy.
While your homeowners policy typically provides coverage on your personal property, some categories may have a limit per item. There may be an endorsement available to increase the limit or you may want to schedule some of your items. Advantages of scheduling is that you can choose a lower deductible per item and have broader coverage.
So, what are some things you can do?
Take annual pictures showing the interior view of each room in your home to have record of how your home looked inside before a loss.
Schedule items such as jewelry, firearms, antiques, collectibles, musical instruments, golf equipment, fine art, furs, silverware, cameras, and portable tools
Keep a list of items and appraisals. If possible, list manufacturer, model/serial number. Store a backup off premises.
Sincerley,
Amy Kelley