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Home Content Insurance Aberdeen SD

When you do a home inventory please take note of any extremely valuable jewellery or other goods. You will often need a special "floater" or "endorsement" for jewellery, antiques, collectibles and such. Otherwise, your policy will likely limit the amount that you will be reimbursed if these items are stolen or damaged.

Farmers Union Insurance
(605) 229-3945
634 South Roosevelt Street Suite 2
ABERDEEN, SD
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Rushmore Insurance
(605) 718-9234
725 Indiana Street
RAPID CITY, SD
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Boen & Associates- Incorporated
(605) 336-0425
307 West 41st Street Post Office Box 89010
SIOUX FALLS, SD
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Farmers Union Insurance
(605) 229-3945
634 South Roosevelt Street Suite 2
ABERDEEN, SD
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Primerica Financial Svc
(605) 348-0284
429 Kansas City Street
RAPID CITY, SD
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Bechtel David & Don Insurance
(605) 336-6227
232 East 12th Street
SIOUX FALLS, SD
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Farmers Union Insurance
(605) 387-5555
122 South 5 Street
MENNO, SD
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Starr Insurance
(605) 673-3799
38 Mount Rushmore Road
CUSTER, SD
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Ahrendt Insurance Agency
(605) 339-2990
1200 East 57th Street Suite 4
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Midwest Insurance Agency
(605) 665-2389
909 Broadway Avenue Suite 5
YANKTON, SD
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Home Content Insurance

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Home Content Insurance

Your best bet if you really want to know how much home content insurance to buy is to 'inventory' each room. This can be a lot of work if you do it in detail - but you will be incredibly surprised! Also, it's invaluable to have that inventory for later, if you ever have to put in a claim.

But back to buying: How do you know how much home content insurance to buy? Here's a quick way to estimate: If you have a family of 4, a 'middle class' income, with two adults and two kids of school age, you should be assuming at least $200,000 for your personal belongings. That's an average of $50,000 per person.

Here's a personal war story: In 1978, our home burned to the ground. We lost everything. The author was 17. So, while I had some disposable income I was by no means well-to-do and neither were my parents. We were regular, middle class folk. When my Mother and I finished the inventory of my room (based on memory - which, post trauma is not accurate), the contents added up to $30,000. That was in 1978. So, $50,000 per person today is potentially a low estimate, depending on your family income. Consider it a minimum.

When you do a home inventory please take note of any extremely valuable jewellery or other goods. You will often need a special "floater" or "endorsement" for jewellery, antiques, collectibles and such. Otherwise, your policy will likely limit the amount that you will be reimbursed if these items are stolen or damaged.

Not willing to write it all down? Okay, do a rough estimate for purposes of buying home insurance and then walk through the house and videotape each room in detail. This is not for cinematic value, but so that you know what's in your house - so film everything! Inside closets - the works. Just be sure that the tape is stored securely - and preferably away from your home! A safety deposit box at a bank is best if you can afford it. But even at a friend's or relative's house in a water proof / fire proof co...

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