In the wake of the disastrous results of the Camp Fire and our neighbors to the north experiencing the gut-wrenching losses of their homes and nearly all possessions, we found it important to share this tool. Taking inventory of the contents of your home can truly ease the stress and heartache when dealing with a total loss.
Why create a home inventory checklist?
Though your homeowners insurance policy provides the protection that you need in the event of a loss such as a fire or burglary, your policy can only pay for items that you can document. In order to assure that all your prize possessions will be replaced, you should conduct a home inventory so you have a finite record of everything that you own. This inventory will assist you in determining which items were destroyed or stolen.
How should you conduct a home inventory?
To complete a full home inventory, walk through every room in your home and identify all of the contents. It is also wise to take photographs or make a video of all of your possessions, and keep this media documentation with your list. Then, place all of this information into a fireproof safe or safety deposit box at your bank.
Periodically, update this list as you purchase more items for your home.
How does a home inventory list relate to my insurance policy?
Not only can a household inventory checklist assist you in the event of a loss, it can also help you determine whether you have enough insurance coverage. Your coverage should equal the cost of your possessions at today’s prices. Items such as jewelry, furs and fine art should be appraised on a regular basis to ensure that you have enough insurance to cover their high-priced value.
Once you have completed your home inventory walk-thru, contact Warren G. Bender Co. for more assistance with your insurance needs.
We are pleased to announce that Jeffrey Wood is Warren G. Bender Co.’s new Personal Lines Manager.
He joins the team with 21 years’ experience in personal insurance from his prior role with a local Insurance agency. As the Personal Lines Manager for Warren G. Bender Co., Wood works closely with the Personal Lines Team to cultivate and service new and existing clients in the greater Sacramento region.
“I enjoy helping people protect their most valuable possessions,” said Wood. “I also believe we as insurance professionals must educate our clients on the policies and products we are offering to them”.
Wood is a Sacramento Native and U.S Army Veteran. After honorably serving in the military as a Non Commissioned Officer, Wood returned to his home town in 1997 and started his insurance career.
Wood is a Rotarian in his local community and the Chair of the 36th Annual “Spirit of Auburn BBQ”. He also volunteers as a guest speaker to educate high school seniors on automobile insurance at Placer High School.
He is an angler and enjoys fishing for trout in various lakes in the sierras. Wood lives in Placer County with his wife Kathryn and their two daughters: Maryellen and Madilyn.
Feel free to reach out to Jeffrey via email at firstname.lastname@example.org or call him directly at 916-380-5339. He will be happy to answer any questions you might have.
Seeing the prices of our homes hit these heights, puts the pressure on to get them on the market and see if we get a bite. In this blog we will cover some common insurance mistakes home sellers make.
Tip one, NEVER cancel your homeowner’s policy just because you plan on selling it soon. This has the potential to be the most crippling mistake you ever make. When you cancel your homeowner’s policy before escrow closes, you take on all the risks that you were previously insured for. The exposure to a loss is actually increased while you’re selling your home. Hypothetically, you are having an open house, someone trips over your garden hose and breaks their hip. Due to the cancellation of your homeowner’s policy, you have no insurance for a situation that ordinarily would be covered. It’s vital to keep your homeowner’s policy until escrow closes and the home is no longer in your name.
Secondly, ALWAYS consult your insurance agent. Let them know that you are selling and ask questions! For example, what does the insurance process look like when selling my current home and moving into my secondary residence? Inform your insurance agent if you are making upgrades or doing any home improvement before you sell (see our home improvement blog). Providing your agent with this information will help protect you, your home, and your property appropriately.
At Warren G. Bender, we have years of experience with our clients selling their homes. We proudly help our clients make strategic moves regarding insurance during their selling process. As you embrace the idea of selling your home, keep us in mind and give us a call. 916-380-5300
24/7 ACCESS TO YOUR INSURANCE INFORMATION
Our goal at Warren G. Bender Co. is to exceed your expectations. This means offering you service
options that are available 24/7, mobile, and fast.
WGBCO now offers you an enhanced customer service experience by introducing new online
service options. WGBCO Online offers you secure access to your insurance information online
24/7 from a computer or mobile device. These services are available to you at no additional
This new program provides you a variety of added services, including:
• View and reprint automobile ID cards
• View critical policy information
• Request policy changes online
• Access your agent’s direct contact information
• Review and download policy documents
• Report claims online with the option to upload pictures and related claims documentation
Access the information and service you need, when you need it, no matter where you are. Contact
your Account Manager today to be enrolled!
Contact our Personal Lines team today to get started: PL@wgbender.com