When making an insurance claims, the more prepared you are, the more smoothly it will go. Be familiar not only with your policies but also with the steps you should take to file a claim.
It’s important to know beforehand what to expect from the insurance company when making insurance claims. When you buy any insurance policy, read the contract carefully and learn specifically what is not covered. Know what numbers to call and the type of information you will need when speaking with a claims agent.
It’s also a good idea to take an inventory of your belongings and keep the list in a safe-deposit box. Make sure to include:
- Descriptions of possessions; for example, the makes and model numbers of electronic equipment and appliances.
- Photographs or a videotape showing the condition and quality of your insured items, especially jewelry or antiques and collectibles.
- Appraisals of expensive items such as antiques, artwork, furs, and jewelry.
- Receipts documenting purchase prices; canceled checks or charge-card statements also can be used.