The ins and outs of personal property insurance don't have to be as clear as mud. Unfortunately, most of the manuals in Old Aramaic are very easy to read with Basic English training.
You almost have to be a lawyer to go through all of this, but here are some myths and realities to help you get a little bit of understanding, especially about why you need to take an inventory of your stuff: You can search more details about title insurance calculator via https://www.clearskiestitle.com/estimate/
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MYTH: I have all-encompassing personal property insurance. We don't have to count them all.
REALITY: The insurance company must document everything in your possession and provide evidence of your property.
MYTH: If something goes wrong, my property insurance pays the amount of my policy.
REALITY: If your policy is worth $ 100,000 and you have $ 75,000 in items, you earn a maximum of $ 75,000. Unless you make an inventory of exactly what you have, you're only paying the minimum for everything.
MYTH: If something happens, I can replace all of my jewelry.
REALITY: While you may have $ 10,000 worth of jewelry, be sure to read the fine print on your content insurance policy. Many insurance companies have a similar item limit of around $ 2,500 per policy for all of their items instead of one item.
MYTH: I'll be able to remember what I had after that.
REALITY: If you think your things are worthless because you have judged them to be of little value, it is foolish to think that you can remember everything you had after a disaster. Even if you can remember all of them, remember that what you don't list won't pay off.