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Quick Answers...Housing |
Do I need to know what belongings I have in my house?
Try this test. Sit in your kitchen and make a list of
everything in your living room. No peeking! Now check on how
many items you missed.
No one really expects to lose furniture or other belongings
in a fire, burglary, or tornado, but such events do occur.
If disaster struck you home, would you be able to report
exactly what you lost to the police, to the IRS, or to your
insurance company?
An up-to-date inventory of your household furnishings and personal belongings can help you to:
- identify exactly what was lost
- establish the purchase dates and cost of major items
- help to determine the value of your belongings and
your personal insurance needs
Contact your University Extension Center or your local
insurance agent for more information about personal property
inventories.
Written by Sandra McKinnon and Cynthia E. Crawford, Ph.D., Family Financial Education Specialists, University of Missouri-Extension
Last update: Sunday, April 23, 2006
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