Comments on: Top Five Homeowners Insurance Tips http://genxfinance.com/top-five-homeowners-insurance-tips/ Helping a unique generation achieve financial independence. Fri, 18 May 2012 12:26:36 +0000 hourly 1 http://wordpress.org/?v=3.3.2 By: Jeremy http://genxfinance.com/top-five-homeowners-insurance-tips/comment-page-1/#comment-160 Jeremy Wed, 29 Nov 2006 17:59:15 +0000 http://genxfinance.com/2006/11/29/top-five-homeowners-insurance-tips/#comment-160 That is a great idea, and actually a co-worker of mine did that last year. He took a video of every room of their house, highlighting their belongings and then put the tape in a safe deposit box at the bank. And I can certainly see where this could mean a tremendous additional claim. We all own so many things it is impossible to remember everything or what model or brand it was if they were to completely disappear. A video log will be sure to make sure you recover the most possible in the event of a disaster. That is a great idea, and actually a co-worker of mine did that last year. He took a video of every room of their house, highlighting their belongings and then put the tape in a safe deposit box at the bank.

And I can certainly see where this could mean a tremendous additional claim. We all own so many things it is impossible to remember everything or what model or brand it was if they were to completely disappear. A video log will be sure to make sure you recover the most possible in the event of a disaster.

]]> By: moneysmartlife http://genxfinance.com/top-five-homeowners-insurance-tips/comment-page-1/#comment-159 moneysmartlife Wed, 29 Nov 2006 17:40:12 +0000 http://genxfinance.com/2006/11/29/top-five-homeowners-insurance-tips/#comment-159 I would add one more. Walk around your house, inside and out, and videotape your residence and the belongings inside of it. Then store this tape somewhere away from your home, such as a safety deposit box. In the event of a major disaster to your home, this form of documentation can increase the amount of money your insurance company pays you in claims. I heard of a case in California where this increased the claim amount paid by 20%. I would add one more. Walk around your house, inside and out, and videotape your residence and the belongings inside of it. Then store this tape somewhere away from your home, such as a safety deposit box.

In the event of a major disaster to your home, this form of documentation can increase the amount of money your insurance company pays you in claims. I heard of a case in California where this increased the claim amount paid by 20%.

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