Insurance serves as your safety net when life takes unexpected turns. But, the best time to prepare for the unexpected is when everything is running smoothly.
As you annually review your policy, consider this simple yet effective guide:
Catalog Your Valuables: Create a comprehensive list of valuable items, complete with serial numbers. For items without serial numbers, snap a photo and note their usual storage location in the notes. Photo's and receipts are valuable for jewelry.
Embrace Digital Security: Safeguard your records digitally. Google Docs or similar platforms are great options, tracking document updates for your convenience. Documents that keep a record of when items were edited will help prevent claims on personal property from being denied.
Stay Up-to-Date: With each policy renewal, revisit your list to capture any changes or new additions.
By following this effortless approach, you'll ensure your insurance investments are maximized, even with minimal effort. Stay tuned for more tips in Part 2!