Consider a home inventory after fulfilling the Christmas list.
Jackson, MS - January 3, 2011 - Now that Christmas has come and gone this may be the ideal time to take a household inventory and make sure that you have adequate protection for big ticket gifts. State Farm® recommends a thorough review of your homeowners policy. For example, many people don’t adjust their insurance after making major purchases like new televisions or other expensive electronics. In fact, a recent State Farm survey found that more than a quarter of Americans haven’t taken an inventory of their personal goods in more than two years. Additionally, nearly 30 percent of Americans can’t remember or have never taken stock of their belongings.
According to State Farm’s database, in 2007, the average paid claim for stolen personal property was more than $5,000.00. “We encourage everyone to seek the advice of their insurance agent whenever a major new purchase is made,” says State Farm spokesman Roszell Gadson.
“Homeowners and renters should stay informed about the amount of coverage they have and the value of the contents of their home or apartment.” Some policies place limits on the amount of coverage given to certain items like jewelry, fur, or firearms. “This is why it’s so important to pay attention to your policy and consult with your insurance agent.”
Link to free home inventory checklist:
Roszell Gadson, State Farm Insurance at (770) 418-5940.
State Farm insures more cars and homes than any other insurer in the U.S., is the leading insurer of watercraft and is also a leading insurer in Canada. Our 17,800 agents and more than 66,000 employees serve 81 million policies and accounts – more than 79 million auto, fire, life and health policies in the United States and Canada, and nearly 2 million bank accounts. State Farm Mutual Automobile Insurance Company is the parent of the State Farm family of companies. State Farm is ranked No. 34 on the Fortune 500 list of largest companies. For more information, please visit statefarm.com® or in Canada statefarm.ca®.