We live in a world of fine print that we never take the time to read. While virtually all insurance professionals pride themselves in their ability to make policy considerations clear to their customers, there are occasional situations where either the professional failed to adequately explain, or the customer did not quite understand what they were being told. It is on the basis of these small misunderstandings and failures to communicate that most claim disputes arise.
While nobody ever really anticipates that it is their house rather than their neighbors which will be robbed or struck by a tornado, the whole point of having insurance is to protect oneself against even the unthinkable. When it comes to the contents of a house, the value of items that have been carried away by burglars or scattered to the four winds by adverse weather is not an easy thing to establish.
At times, even the simple reality of ownership can be called into question. The guy who lives in a trailer park and claims to have lost his original signed copy of the Declaration of Independence probably requires some tangible proof to back up his assertion. This may not be fair but it is regrettably understandable on the part of the insurance companies.
One of the best ways to avoid these misunderstandings and disputes is to keep an up-to-date inventory of items in the home. A written list is nice, but it is really a great idea to back this up with some video footage of your valuables. Having a clear record of your property takes the burden of proof off of the homeowner and places it onto the shoulders of the insurer. Without these protections, the situation is sometimes reversed.
One very important point to keep in mind when building property inventories is the need to make multiple copies of your records. Keep at least one of them in a distant location such as a safety deposit box or the home of a relative who lives far away. Cloud computing is another way to keep records safe from theft or destruction yet still close at hand when needed. There is nothing more irritating than to have your inventories stolen or destroyed in the same incident they were designed to guard against.
This article is provided by writers at shophomeinsurance.net, a resource for understanding how to compare home insurance.