At Thompson Insurance Services, serving Highland Village, TX, we recommend that everyone inventory their belongings when they are buying renters insurance. If you have never purchased renters insurance, you may be unsure of the importance of making a list of what you own and taking pictures of it. Here are two key reasons why it is recommended that you do so.
Inventorying Your Belongings Shows What You Own
One of the key reasons why you want to inventory your belongings when buying a renters insurance policy is because it helps to show what you own. Anyone can say that they had a large television or fancy furniture if there home they are renting burns down. However, having an inventory list made and pictures helps to substantiate your claim. Second, if you need to file a claim, you may be overwhelmed. Having an inventory list can help remind you of everything that you had in the home, helping to ensure you claim everything with your insurance company.
Inventorying Your Belongings Shows the Condition of the Items You Own
The second reason inventorying your belongings is important when buying renters insurance is because pictures can help to show the condition your belongings were in. An insurance company has to value the items they are replacing. Pictures help to show exactly what you had and the condition it was in, taking some of the guesswork out of coming up with a value.
Inventorying your belongings can help you if you ever need to file a renters insurance claim. But prior to filing a claim, you first need to be covered. If you do not have renters insurance, or you are looking to buy a new policy in the greater Highland Village, TX area, we at Thompson Insurance Services can help you. Call us today to schedule an appointment to discuss your renter’s insurance needs with one of our agents.