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Old 11-05-2006, 06:51 AM
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Default Re: Inventory for Homeowners Insurance

This is a very idea and one that I should definitely do...here's why this is timely for me:

On Monday my parents came to visit me in my new home ( a 2 1/2 hour drive away). They left their house at 8am and arrived back home at 10pm. While they were gone they had a major plumbing problem. Water everywhere. They have a 4000 sq ft home, with damage to 75% of it. They now have to inventory everything that was damaged, while trying to dry out their entire home (with the help of a restoration company).

This is why one has insurance, but the more documentation one can have they better off you will be. The insurance company is going to help them do the inventory for their claim, but receipts of valuable items will be needed.

So...the moral of their story is...turn off your whole house water when gone even for a day and document your household goods and store in a safe deposit box or with a distant relative.
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