{"id":2379,"date":"2025-08-16T17:04:21","date_gmt":"2025-08-16T17:04:21","guid":{"rendered":"https:\/\/www.langelierassurances.com\/do-you-know-the-value-of-your-possessions\/"},"modified":"2025-08-16T17:04:21","modified_gmt":"2025-08-16T17:04:21","slug":"do-you-know-the-value-of-your-possessions","status":"publish","type":"post","link":"https:\/\/www.langelierassurances.com\/en\/do-you-know-the-value-of-your-possessions\/","title":{"rendered":"Do you know the value of your possessions?"},"content":{"rendered":"

PROPERTY INVENTORY: AN ESSENTIAL TOOL FOR GOOD INSURANCE COVER<\/span><\/h4>\n

In the event of a claim, would you be able to quickly draw up a complete list of all your personal property? Personal property includes furniture, clothing, kitchenware, curtains, blinds, bathroom items, sports equipment, jewelry, bicycles and so on. Without an inventory, it’s difficult to accurately assess the value of your insured possessions and receive a fair home insurance settlement. <\/span><\/p>\n

WHY MAKE AN INVENTORY OF YOUR INSURABLE ASSETS?<\/span><\/h5>\n

A property inventory is the best tool for determining the true value of your possessions. It also makes it easier to deal with your home insurer in the event of a claim. <\/span><\/p><\/blockquote>\n

 <\/p>\n

This is particularly important if you are :<\/span><\/p>\n

    \n
  • Tenant<\/b> You are responsible for insuring your personal property.<\/span>
    \n<\/span><\/li>\n
  • Condo owner<\/b> you must determine the amount of <\/span>amount of insurance for your property<\/b>.<\/span>
    \n<\/span><\/li>\n
  • Homeowner<\/b> A predetermined amount is often included, but it is advisable to validate this with your <\/span>home insurance broker<\/b>.<\/span><\/li>\n<\/ul>\n
    NEW VALUE: HOW TO ESTIMATE THE VALUE OF YOUR GOODS?<\/span><\/h5>\n

    The estimate should be based on the replacement cost when new, as most home insurance contracts include this protection. For example, a television set bought for $2,000 10 years ago could be replaced today for less – or more, if technology has evolved differently. <\/span><\/p>\n

    TIPS FOR PROPERLY DOCUMENTING YOUR ASSETS<\/span><\/h5>\n

    Keep your original purchase invoices in your name. If this isn’t possible, take photos or videos of your belongings and save them in a secure location outside your home (cloud, safe, etc.). <\/span><\/p>\n

    In fact, the Chambre de l’assurance de dommages recommends that you fill out an Excel personal property inventory document. Once completed, this document will enable you to : <\/span><\/p>\n

      \n
    • Know the <\/span>total value of your assets<\/b>
      \n<\/b><\/li>\n
    • Determine if your <\/span>home insurance<\/b> is sufficient<\/span>
      \n<\/span><\/li>\n
    • Get a fair <\/span>in the event of a claim<\/b>\n

      <\/b><\/li>\n<\/ul>\n

      IN SUMMARY<\/span><\/h5>\n

      A good inventory of your personal property is a simple but essential step for any policyholder, whether owner or tenant. For personalized assistance, don’t hesitate to consult a home insurance broker. <\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

      In the event of a claim, would you be able to quickly draw up a complete list of all your personal property? Personal property includes furniture, clothing, kitchenware, curtains, blinds, bathroom items, sports equipment, jewelry, bicycles and so on. Without an inventory, it’s difficult to accurately assess the value of your insured possessions and receive a fair home insurance settlement. <\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_seopress_robots_primary_cat":"","_seopress_titles_title":"Property inventory: an essential home insurance tool","_seopress_titles_desc":"Personal property inventory: an essential tool for knowing the value of your possessions and obtaining a fair settlement from your home insurance company.","_seopress_robots_index":"","footnotes":""},"categories":[1],"tags":[],"class_list":["post-2379","post","type-post","status-publish","format-standard","hentry","category-business-insurance"],"_links":{"self":[{"href":"https:\/\/www.langelierassurances.com\/en\/wp-json\/wp\/v2\/posts\/2379","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.langelierassurances.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.langelierassurances.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.langelierassurances.com\/en\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.langelierassurances.com\/en\/wp-json\/wp\/v2\/comments?post=2379"}],"version-history":[{"count":0,"href":"https:\/\/www.langelierassurances.com\/en\/wp-json\/wp\/v2\/posts\/2379\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.langelierassurances.com\/en\/wp-json\/wp\/v2\/media?parent=2379"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.langelierassurances.com\/en\/wp-json\/wp\/v2\/categories?post=2379"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.langelierassurances.com\/en\/wp-json\/wp\/v2\/tags?post=2379"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}