Every year, millions of Americans welcome spring by dusting the dressers, scrubbing the floors, and vacuuming the nooks and crannies. And while whipping your home into shape is great, getting your homeowners or renters insurance in order is even better.
How do you begin? Start by creating a home inventory — or a detailed list of the things in your home — paying special attention to expensive items like fancy electronics, heirloom jewelry, one-of-a-kind collectibles, etc. If you already have one, make sure it's current. An up-to-date inventory will help provide proof of loss if you have to file a claim and can expedite the claims process.
Next, assess your home or renters policy. Do you have enough personal property coverage? In general, the contents in your home are covered up to 50 percent of your overall policy. So if your home is insured for $200,000, you'd have $100,000 in personal property coverage. This may seem like a lot, but once you factor in how much it'd cost to replace everything — furniture, appliances, clothing, jewelry, electronics — you can see that it quickly adds up.
Finally, if you've renovated your home or added a new security system, let your insurer know. Your rate and coverage needs could be impacted.
And if you're looking to refresh your home or renters insurance with great rates, we can help. Get your fast quote today and see what you could save with Esurance.