Your insurance company recognizes that good policyholders will have occasional claims. However, many policyholders are unaware that a claim involving serious negligence or more than one claim in a three (3) year period can be reasons for the insurance company to terminate coverage. There are actions you can take to prevent claims:
- Inspect your roof for repair before the rainy season begins
- Check your washing machine and dishwasher hoses. Hoses can deteriorate after a 5 year period
- If you have an automatic ice maker, check on it occasion for leaks.
- Turn off the water supply prior to taking a prolonged vacation
- Address plumbing problems before they cause major damage
- Providing obedience training for your dog(s) may help prevent injury to others
- Consider installing an alarm system. Even a local alarm system has the potential to discourage a possible intruder. You can also receive a premium credit on your policy.
If the unthinkable happened and your home burned to the
ground, you would have to replace not just the house-but all of its
contents. Your life will be a lot easier if you've made a detailed
inventory of what's actually inside your home.
- Catalog the principal contents of each room, including the date of purchase and purchase price. If you still have the sales receipts, attach them to your list.
- Write down the serial numbers on major appliances, and engrave an identification number-such as your social security or drivers license number-on the bottom of televisions, stereos, and other electronic equipment. Inexpensive engraving kits are available at most hardware stores.
- It's wise to also photograph items or make a video of each room. Don't forget the closets-replacing bulging wardrobes can be costly!
- Keep the list, together with photographs and/or tapes, in a safe place away from your home. Update it when you make major purchases to your home.