Episode 1910
Get Prepared: Your Guide to Home Insurance and Asset Inventory
This Saturday on the Around the House show, we focus on how to navigate insurance claims and the importance of documenting your belongings to ensure you have the right amount of coverage. With recent natural disasters affecting many homeowners and renters across the United States, it's crucial to understand the common pitfalls in insurance policies and how to avoid them. We hear from experts about the risks of being either overinsured or underinsured and how proper inventory can safeguard your assets. Join us as we chat with Ken Aaron from Virtual Home Inventory, who will share valuable insights into maintaining an accurate record of your possessions. Don’t miss out on essential tips that could make all the difference when it comes to protecting your home and assets.
This week’s episode of Around the House takes a proactive approach to home protection, addressing the critical importance of understanding insurance coverage amidst the backdrop of recent natural disasters. As wildfires, hurricanes, and flooding continue to impact various regions across the U.S., homeowners are left grappling with the aftermath and the subsequent insurance claims process. The hosts engage in a candid discussion about common missteps homeowners make, particularly when it comes to missing premium payments and the often convoluted relationship with mortgage companies. A caller shares their frustration about the lack of support from their mortgage provider, emphasizing the need for homeowners to be vigilant and well-informed about their insurance policies.
The conversation delves into the significance of maintaining a thorough inventory of personal belongings, featuring expert Ken Aaron from Virtual Home Inventory. Aaron articulates a critical point: without a proper inventory, homeowners cannot accurately assess their insurance needs. He points out that many individuals are either overinsured, leading to wasted premium payments, or underinsured, which can leave them financially vulnerable during claims. This segment of the show offers valuable insights on how to catalog possessions effectively, ensuring that homeowners are adequately prepared for any eventuality. The discussion emphasizes that having a detailed inventory is not just about being organized; it's a crucial component of financial safety and peace of mind.
As the episode concludes, the hosts encourage listeners to subscribe for early access to future episodes and highlight the wealth of information available in their extensive back catalog. By equipping listeners with the right tools and knowledge to navigate the complexities of home insurance and claims, this episode serves as an essential resource for homeowners striving to protect their assets and ensure their financial security in uncertain times.
Takeaways:
- This weekend's episode focuses on protecting your home and assets, especially with recent disasters.
- It's crucial for homeowners to know what they own to buy adequate insurance coverage.
- Homeowners often face issues when they miss premium payments, leading to potential insurance lapses.
- The importance of inventorying your belongings cannot be overstated when filing insurance claims.
- Many people are either overinsured or underinsured, which can lead to financial losses.
- Tune in to learn how to document your possessions to ensure proper insurance amounts.
Links referenced in this episode:
Companies mentioned in this episode:
- Virtual Home Inventory
To get your questions answered by Eric G give us a call in the studio at 833-239-4144 24/7 and Eric G will get back to you and answer your question and you might end up in a future episode of Around the House.
Thanks for listening to Around the house if you want to hear more please subscribe so you get notified of the latest episode as it posts at https://around-the-house-with-e.captivate.fm/listen
If you want to join the Around the House Insider for access to the back catalog, Exclusive Content and a direct email to Eric G and access to the show early https://around-the-house-with-e.captivate.fm/support
We love comments and we would love reviews on how this information has helped you on your house! Thanks for listening! For more information about the show head to https://aroundthehouseonline.com/
Information given on the Around the House Show should not be considered construction or design advice for your specific project, nor is it intended to replace consulting at your home or jobsite by a building professional. The views and opinions expressed by those interviewed on the podcast are those of the guests and do not necessarily reflect the views and opinions of the Around the House Show.
Mentioned in this episode:
Check out the BEST Trailer in the US!
Check out the latest from Monument Grills!
Transcript
Here is what is coming up on Saturday on the next two hours of the around the House show.
Host:This weekend is all about protecting your home and assets.
Host:Eric curated these episodes to make sure you are covered.
Host:A special thanks to Feedspot for naming around the House the number two home improvement podcast in the world.
Host:Make sure you are subscribed to the podcast so you don't miss an episode.
Co-host:Well, this week I wanted to give out some great information to all of our homeowners and renters in the United States.
Co-host:We've had wildfires, we've had hurricanes, we've had floods, all the stuff happening in the Carolinas, East Tennessee in the south, and we have tons of damage for many homeowners across the US and this.
Caller:Is a big mistake homeowners make is someone misses a premium payment, you miss it, they miss it.
Caller:Whoever.
Caller:You get some letter, hey, you know, bear in mind you're supposed to have insurance.
Caller:If you don't get insurance, we'll buy insurance for you.
Caller:And you think, oh, cool, awesome.
Caller:I mean, I don't want to deal with this.
Caller:My mortgage, my mortgage company doesn't do crap for me.
Caller:It's about time they step up to the plate and do something right.
Caller:Yeah, they're buying insurance for them, not for you.
Caller:In most states, you can't even recover.
Caller:They will keep the money and you.
Caller:And if they underpay, you have no right to go after getting more.
Co-host:Homeowners and renters have had to navigate so much.
Co-host:And in this hour of around the House, we're going to be talking with Ken Aaron from Virtual Home Inventory.
Expert:If you don't know what you have, you can't buy the proper amount of insurance.
Expert:There's a classic example.
Expert:So the inventory serves that purpose.
Expert:You can buy the right amount of insurance.
Expert:Talked to a public adjuster just the other day who had told me that his experience is most people are either way overinsured or way underinsured.
Expert:So you're either paying extra money that you shouldn't and you're losing that, or if you have a loss and you make the claim, you're not going to get everything because you're way underinsured from where you should be.
Co-host:All that and more on Saturday's around the House show with Eric G.
Co-host:Heard on any podcast player.
Co-host:And don't forget, you could be listening to the show right now.
Co-host:If you are around the House Insider, you would get the show 48 hours early.
Co-host:So Thursday you could be checking out the brand new episode of around the House and you get all the back catalog up to a thousand episodes.
Co-host:Thanks for tuning in to around the House.
Co-host:We'll see you on Saturday either way.
Co-host:And don't forget, we have a brand new episode of around the House Northwest on Saturday.
Co-host:You can stream it@kptv.com and just look for the around the House banner across the top of the page.
Co-host:Or you can stream it live on the KPTV Fox 12 app on any mobile device.
Co-host:As always, thanks for tuning in to around the House.
Co-host:We'll see you Saturday.
