Best gift of all

The Prince George Citizen - The Citizen - Real Estate Weekly - - Real Estate Weekly -

Be­fore the frenzy of the hol­i­day sea­son takes over, have you thought about do­ing a home in­ven­tory? Even if you have the com­fort of good prop­erty in­surance, most of us don’t re­al­ize how trau­matic it can be to deal with theft or ma­jor dam­age to our home.

“Try­ing to re­mem­ber all of the items of value can add to an al­ready stress­ful event,” says Wayne Ross, an in­surance and claims ex­pert at Aviva Canada.“Pre­par­ing and safe­keep­ing a thor­ough in­ven­tory is one of the best ways to pre­pare your­self. In ad­di­tion to en­sur­ing the right amount of in­surance, an in­ven­tory will help to set­tle your in­surance claim faster.”

Sure, but who has time to go through ev­ery item in their home?

Ross points out that the task need not be oner­ous and can be as easy as tak­ing a video ac­count of each room in your home. Many in­surance bro­kers pro­vide pre-pre­pared con­tent lists that can act as a help­ful start­ing point.

No mat­ter whether you con­duct a video or writ­ten in­ven­tory of your home, don’t for­get to keep the list in a safety de­posit box or in an­other safe place away from your house. It is also wise to keep a record of your le­gal doc­u­ments in a safe place, such as birth cer­tifi­cates, pass­ports and fi­nan­cial doc­u­ments, such as bank ac­count and in­surance poli­cies.

More in­for­ma­tion is avail­able from your in­surance bro­ker or avi­va­canada.com

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