Safeguarding Your New Purchases: Post-Holiday Insurance Tips
The holiday shopping season brings amazing deals, from Black Friday steals to unique finds on Small Business Saturday and Cyber Monday's online savings. While it's exciting to snag that new TV, designer handbag, or rare collectible, ensuring these new purchases are protected is a crucial next step.
Insuring Big-Ticket Purchases
If you’ve scored big this shopping season, now is the time to evaluate your current insurance coverage. Most home insurance policies include contents coverage to protect the belongings inside your home. However, major new purchases—especially high-value items like electronics, jewelry, or art—may require adjustments to your policy or even a rider for additional coverage. This is where your WeadCo agent comes in handy!
Take the time to:
Document Your Purchases: Save receipts, take photos, and note serial numbers for high-value items. This documentation is invaluable if you need to file a claim.
Contact Your Agent: Share your updated inventory to ensure your policy provides adequate coverage. You can text us at 325-313-3800!
Consider Additional Coverage: Items like jewelry, guns or other collectibles may not be fully covered under standard policies. Riders, endorsements or stand-alone coverage offer targeted protection for these valuables.
Taking a Holiday Inventory
The holidays are a perfect time to take rough inventory of your home. With your finest dishware, decorations, and high-value items displayed, make a quick record of what you own. Snap photos or videos of each room to capture your belongings in detail. This step not only helps in case of a claim but also provides a chance to verify your policy’s contents coverage is accurate for the items you value most.
Taking inventory is a simple, proactive step that can save you significant stress should the unexpected happen. Use this season of giving and celebration to ensure your peace of mind as well.
