Stories of Tragic Loss

Everywhere we go we hear stories of tragic loss due to fire, storm or theft. The most recent story was about someone who recently was home during the day when she noticed the smell of smoke. By the time she gathered her two pets and moved them to a safe location outside, there were flames coming out of the windows. The house was a total loss even with the fast response by the fire department. While a final determination on the cause of the fire has not been made, recent renovations are being looked into.

Not only are they now going through the process of finding a place to live and buying the essentials, they are beginning the insurance claim process. She was smart enough to know that she could not gather her valuables as she was leaving but now has to try to remember everything they lost. The longer it takes for them to make this list, the longer it will take them to get a settlement check.

People lose thousands of dollars because they can’t remember everything they had or don’t have proof for items that are not a normal home possession. A home inventory created and saved in an off-site location would have given them a big head start on getting their insurance claim settlement. With photographs and individual item details, such as serial and model numbers, the adjuster will be able to give an accurate valuation.

Record-It can provide the full documentation, photograph and video of your property so that you don't have to worry about how you will get your life back to normal.
Call for a free estimate 678 369-4889.

Asset Valuation

Do you know if you will get the right settlement from your insurance claim? Reviewing your assets and their total value will give you the information needed to then review your policy for correct coverage.

You'll need to estimate how much that item would cost to replace, not how much it may have cost you when you first bought it. Keep in mind that something like clothing or computers may depreciate over time while other things like record collections may gain in value.

The more information you have about your damaged possessions, including the make and model or a description of the item, the faster your claim generally can be settled.

It would also be helpful to have photos of your home both before and after the disaster. The digital images and comprehensive reports provided by your home inventory professional will help facilitate the claims process and ensure that no items are forgotten.

Why do insurance companies recomend a home inventory?

Why do insurance companies recommend their policy owners make an inventory of their personal assets? Many have website helps for them to use in documenting the home and the many items that would be listed on a claim should a fire, storm or theft occur. Here are a few of the benefits for both the homeowner and the insurance company.

Benefits to the insurance company:
1. Policy coverage adjustments are identified
2. Easier claim processing
3. Satisfied customers

Benefits to the homeower:
1. Proper insurance coverage is identified
2. Faster and easier claims settlements - no time consuming list making or hunt for proof, no arguments on whether you had certain items
3. Maximize the amount of the claim settlement - records prevents omission of the forgotten 20% of property from your claim
3. Peace of mind - once completed and stored offsite, you can easily update the inventory as needed and pull it out to provide all the documentation needed for insurance claims, police reports or even estate plan execution

What is a home inventory?

Simply, a home inventory is a detailed list of the personal property or assets located in your home, including pictures. You should also include property that you have stored elsewhere, perhaps in a garage or storage shed. A comprehensive inventory includes purchase/appraisal details and provides valuable verification of proper insurance coverage and settlements.

With the stress of lossing your property, how well do you think you can remember all your valuables? Peace of mind is from knowing that you will have proof of what you lost.

Home Inventory Saves

Get the latest buzz about this new important service for homeowners! Recommended by insurance companies and financial planners, a home inventory offers the homeowner protection and peace of mind by providing a detailed record of their personal property to maximize and simplify insurance claims.

Recent natural disasters and media attention has raised homeowner awareness of the importance of a home inventory but simply don't have the time or paience to perform one themselves. Now professional and confidential service providers are available. For people in the Greater Atlanta area, check out website: www.record-ithomeinventory.com

What would you do if your home was destroyed by a fire or storm? Submitting claims quckly and accurately can mean saving thousands of dollars.

Home Inventory Business on The Rise

A crisis for any homeowner is a fire or theft. And it does not have to be a major occurrence to be an emotional and monetary setback for the victim involved. The mind "floods" with thoughts that conflict and at the same time hope for the best in trying to remember what items were involved. Claims need to be filed. Will I remember all the valuable items to put on my claim? Is my homeowners policy sufficient to cover my losses? Do I have replacement cost or only actual cash value in my policy? This is no time to be in turmoil. An inventory of my home would have given me peace of mind. I wish I had listened to my neighbor who had Record-It Home Inventory do a complete inventory of their personal property. They said I should have one done, but I didn't listen. I always thought this kind of thing only happens to other people. Well, I was right in one sense - I found out the hard way I'm the other person.