Several years ago, Utah Fabrication decided to switch insurance brokers. We didn't feel that we were getting great service from our previous broker. Year after year our rates went up even though we had zero claims. We received a proposal from American Insurance with several insurance companies. The savings was significant. Our previous agent had never sought competing bids on our behalf. Since then, we have received excellent service from American Insurance. They have gone above and beyond what most agencies are willing to do for their clients. I would highly recommend them to anyone.
-Kerstin Topham, Controller - Utah Fabrication, Tooele, UT
Are you insured to value?
Do you know your personal property well enough to get reimbursed in the event of a loss? Insurance companies mayrequire more than a general description for items. Could you say exactly how much your wedding jewelry would cost to replace, especially if you bought it over a decade ago?
Below is an app that comes highly recommended from the Insurance Information Institute. It’s as simple as taking a picture, scanning the barcode, and adding some notes. The app works because the data is accessible from multiple tools like your phone or tablet and you can download the information even if you lose your phone or tablet. This makes filing a claim much simpler and accurate.
Or, pick a room and make a list of everything that’s in it. Use a computer spreadsheet, write it down, or download a form (the National Association of Insurance Commissioners has a good one). Each entry should include a description of the item, how many you have, the date you purchased it, where you purchased it, the original purchase price and the current estimated value (if available). When it’s relevant, record model numbers and serial numbers.