There are three main factors that determine how much your insurance claim will cost.
Accuracy of Lost Value How accurately can you describe, record, and demonstrate your property’s lost value?
Keeping a home stock of things can truly help. The more subtleties and verification you give, the more uncertain you are to be helpless before the insurance agency’s assessments.
Which kind of insurance do you have? Different coverages are provided by various insurance policies.
Whether you have a condo or homeowner’s policy, the risks covered by that policy will be different.
It will also list any items that are excluded or have special restrictions.
Not all insurance companies use the same special limits. Jewelry, fine art, and even wine collections may have higher special restrictions for those who specialize in attracting customers with high-value homes.
