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Home Content Insurance Missoula MT

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 Insurance Group Of Companies
(406) 222-7788
1016 West Park Street
Livingston, MT
 
Nommensen Robert N Insurance
(406) 452-8588
2922 10th Avenue South
Great Falls, MT
 
Hoiness Labar Insurance
(406) 245-6511
2323 2nd Ave N
Billings, MT
 
Allstate Insurancecarrie Martin Cpcu Cic
(406) 442-5993
1120 Helena Ave
Helena, MT
 
Ericksonbaldwin Insurance Associates Mim
(406) 265-1226
Po Box 2500
Havre, MT
 
Cherokee Capitol Inc
(406) 423-5428
Po Box 251
Hobson, MT
 
Intermountain Insurance Agency Of Montana
(406) 452-2509
17 5th Street North
Great Falls, MT
 
Farmers Union Insurance Agents
(406) 755-5634
490 East Montana Street
Kalispell, MT
 
Beartooth Insurance Inc
(406) 446-2300
106 S Broadway Avenue
Red Lodge, MT
 
Talbot Agencies
(406) 752-8693
6 Sunset Plaza
Kalispell, MT
 

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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