Consider making a list of everything you own, including brand and model. If you ever have a house fire, it’ll be the single most worthwhile thing you’ve ever done. There are entire companies dedicated to maximizing your insurance payout after a total loss; All they do is ensure you’re listing makes and models (or at least specs) for everything.
Insurance companies have gigantic lists of the absolute cheapest items on the market for common household items. If you list “toaster” on your insurance list, the insurance company will only pay out for the cheapest toaster on the market. The more specific your listing is, the less wiggle room they have to cheap out on you. That service will increase your payout by listing specifics. They change it from “toaster” to “pink retro-style four-slice toaster with bagel and defrost settings”, and your payout for that toaster goes from $3 to $280.
Consider making a list of everything you own, including brand and model. If you ever have a house fire, it’ll be the single most worthwhile thing you’ve ever done. There are entire companies dedicated to maximizing your insurance payout after a total loss; All they do is ensure you’re listing makes and models (or at least specs) for everything.
Insurance companies have gigantic lists of the absolute cheapest items on the market for common household items. If you list “toaster” on your insurance list, the insurance company will only pay out for the cheapest toaster on the market. The more specific your listing is, the less wiggle room they have to cheap out on you. That service will increase your payout by listing specifics. They change it from “toaster” to “pink retro-style four-slice toaster with bagel and defrost settings”, and your payout for that toaster goes from $3 to $280.