Meemic Insurance Company Reminds Homeowners to Protect Their Assets with a Comprehensive Home Inventory

DETROIT, Aug. 2, 2013 /PRNewswire/ -- Preparing a home inventory is a practice that every homeowner or renter should become familiar with.  Not only does it help organize your living space, it protects against loss of possessions in the case of a burglary or other catastrophic events. With fall just around the corner, the kids going back to school and the holidays quickly approaching, what better time than now to de-clutter your home and safeguard your belongings simultaneously.

Meemic Insurance Company (www.meemic.com) offers some tips on how to accurately prepare an inventory of your personal items:

• Break up the task over several days or a week to help ease the stress of the process
• A good way to break it down is to go through the house room by room, being careful not to neglect the attic, basement or garage
• In addition to creating a list of items, also pick a method, either a video or photos, to create a visual record of all your belongings to show proof of ownership
• A comprehensive (home inventory) list should include item description (including the make, model and serial number if applicable), value and purchase date
• Keeping proper documentation will make the claims process a lot easier, so be sure to hold on to:
  • Receipts
  • Credit card statements
  • Other transaction documents
  • Appraisals
• Be sure to update your home inventory as you add new items or get rid of old ones
• Lastly, keep spare hard copies outside of your home and make your inventory available online 

The Insurance Information Institute offers free online home inventory software for preparing a home inventory at www.knowyourstuff.org.  There are also a variety of smartphone apps that can help including those on this list from Mashable which offers eight apps to keep track of your stuff

About Meemic Insurance Company
Meemic Insurance Company (www.meemic.com) provides personal lines insurance products to teachers and other educational employees in Michigan and Wisconsin. For more than 63 years, Meemic remains a Michigan-based company, proud partner of the educational community, committed to offering the finest possible protection, products and services at preferred rates. Trust Meemic for claims excellence, policy payment options to meet your needs and products tailored exclusively to the educational community we serve. Meemic is a financially strong company (A. M. Best rating effective February 2013). Our stability and reputation for integrity builds the confidence of our policyholders and remains the foundation for our continued mission to serve the educational community.

SOURCE Meemic Insurance Company

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