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Do you have a personal property inventory?

With the recent Arizona fires, many have inquired about the need to keep an inventory of personal belongings in the event of an insurance claim.  In the Phoenix metro area, house claims are not just related to fires. Often times the claim is related to a water leak that leads to damaged interiors and personal belongings of a home. For example, you live in a 2 story home and a plumbing leak on the top floor damages the lower level. To help with an already stressful situation, why not prepare ahead of time by completing a personal property inventory. 

Another alternative to a personal inventory is to video the interior of each room and download the video online or store it outside of the home.  Also, make sure to keep receipts of any item purchased that is of higher value.

Do you have a personal property inventory? Click here to find out why it’s important, and for a template to get you started.

http://www.foremost.com/safety/home-safety/create-a-personal-property-inventory.as

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, Phoenix Insurance Examiner

As the founder of an insurance brokerage company, Jimmy Kelley has been involved in the insurance industry for over 13 years. Jimmy Kelley serves on the advisory board for a Fortune 500 insurance company that is featured on the Dow Jones 30. He owned his own insurance agency prior to starting a...

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