Catastrophe (n.): In the property insurance industry denotes a natural or man-made disaster that is unusually severe.
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re you prepared for a Catastrophe?
An event is designated a catastrophe by the industry when claims are expected to reach a certain dollar threshold, currently set at $25 million, and more than a certain number of policy holders and insurance companies are affected.
BE PREPARED - Take inventory Before Disaster Strikes!!
With a comprehensisve home inventory record. It is the best way to protect your belongings in the event your home is destroyed by a covered disaster. A home inventory is a detailed list of the personal property or assets located in your home. You should also include property that you have stored elsewhere, for instance in a garage or storage shed.
A home inventory helps you to:
* Purchase enough insurance to replace the items you own
* Get insurance claims settled easier and faster
* Substantiate losses for income tax purposes
* Be protected and Have peace of mind
In order to create a comprehensive home inventory, consider the following:
* Note everything
* Big ticket items
* Go digital
* Store and maintain your list
Having a complete Documentation of Personal Property provides you with Peace of mind in the event of a disaster. Here are just a few reasons why you can benefit from our inventory services:
Insurance
In case of Wild fires, Floods, Earth Quake, Bulgary - Receive insurance settlements faster because you will be able to identify what was lost. Most people can’t recall every item accumulated over the years after a loss.
Taxes and Valuation
A detailed inventory can help verify losses for income tax deductions.
Estate planning
A line item listing and picture inventory can be used to supplement legal documentation or information.
Moving
Provides a complete inventory of all your possessions. Identifying lost or damaged items.
