Fact #1
Most people can only remember 40 to 50% off their household contents from memory and can provide little, if any, proof of ownership.
Hover over the images below to reveal the facts about home assets.
Most people can only remember 40 to 50% off their household contents from memory and can provide little, if any, proof of ownership.
Most insurance companies only reimburse for household content losses when the owner can provide itemized documentation on the lost contents and, in many cases, proof of ownership.
Even with the best insurance money can buy you will lose thousands of dollars without complete and accurate documentation of your home's contents.
98% of the population cannot document all the contents of their residence for their insurance company after a fire or natural disaster. Most can only document 40-50 % of their household contents.
If a parent(s) suddenly dies, has a stroke, or develops Alzheimer's, 90% of children do not know where their parent's assets and critical information is located.
Assets go unclaimed every year because no one knew those assets existed. You worked hard for your money; do not throw it away.
In the USA, a residential fire occurred every 76 seconds in 2006 according to the NFPA.
Fire Departments responded to 1,642,500 fires in 2006. These Fires resulted in an estimated $6,990,000,000 in direct residential property loss. -2007 NFPA Report
For many people, 30 % to 50 % of their assets are invested in their homes and their personal possessions. Residential contents are usually insured for 50% of the value of the home.
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