FurryP
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Jun 26, 2014 19:58:26 GMT
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Post by FurryP on Jul 23, 2017 15:44:29 GMT
Scary, I know, but I have a bunch (not all) of crafty receipts I have saved in email, or paper form. I am currently in the process of decluttering papers/documents, and wondered if I actually needed to keep some of these for insurance purposes, if something ever happened.
For anyone that has had to deal with an insurance company, do I need actual receipts for household contents? My concern would be more along the lines of the tools and stuff. But I do have a nice stash of consumables, though. And I don't have a scanner, nor do I plan to buy one in the very near future.
thanks....
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GiantsFan
Prolific Pea
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Jun 27, 2014 14:44:56 GMT
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Post by GiantsFan on Jul 23, 2017 16:17:33 GMT
I don't keep any receipts. Well, I only keep home improvement receipts. Receipts for all other items, once deemed not returnable, are tossed.
But if you're so inclined and you don't have a scanner, you could take photos of them.
ETA: fortunately I have not had to deal with HO insurance {knock on wood!}
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Post by anniefb on Jul 23, 2017 18:16:08 GMT
Yes, your insurance company will need proof that you actually owned an item if you ever want to claim for it on your contents insurance.
I would consider keeping a receipt (or taking a pic of it) as proof of purchase of larger/more valuable items. I probably wouldn't bother about consumables given that they're there to be used up.
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Post by LavenderLayoutLady on Jul 24, 2017 0:21:08 GMT
Every so often, you could take a video of your stash, pointing out how much things cost you. Upload it to a cloud, just so it's there.
Along the same lines, take photos of expensive tools.
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Post by mikklynn on Jul 24, 2017 1:52:43 GMT
If something happened to your scrapbooking supplies, wouldn't your receipts be lost, too? I guess you could scan them.
I would just take a video or some photos to document your supplies.
I need to do this myself!
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Post by cbet on Jul 24, 2017 3:19:25 GMT
I actually asked my agent about this once, on renters insurance. She told me that I should have an inventory list or photos or video showing that I actually own the items, but that I would be reimbursed after I replaced them and turned in that receipt. But the inventory list and photos were the most important thing.
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FurryP
Drama Llama
To pea or not to pea...
Posts: 6,965
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Jun 26, 2014 19:58:26 GMT
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Post by FurryP on Jul 24, 2017 4:15:12 GMT
If something happened to your scrapbooking supplies, wouldn't your receipts be lost, too? I guess you could scan them. I would just take a video or some photos to document your supplies. I need to do this myself! Very good point about the receipts...lol Don't know why I didn't think of that. I think I will do the inventory (of sorts) and video. Maybe take photos of the receipts for the pricier items. cbet, that sounds kind of strange of you having to re-buy the item first and then get reimbursed. Who is going to have the money to replace their whole household contents at once? I know some people, might, but not me. Thanks, peas!
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Post by cbet on Jul 24, 2017 11:35:11 GMT
It had to do with having a replacement cost policy. I thought it sounded weird, too. But a number of years ago, we lost a TV in a fire at a repair shop and that's exactly how they handled it.
A few years ago I had a temp job in the claims department of a moving company and anything that was lost or damaged during the move, they had tons of resources they used to determine the value, they weren't interested in what people had paid for the item, they were interested only in what it would cost to replace it now. I would guess that insurance companies have those same sorts of resources.
It might not be the worst idea to call your agent, though. Some of us have enough invested in tools and stamps that the insurance company might want to add a special rider!
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Post by scrappyem on Jul 24, 2017 16:49:17 GMT
If you have an iPhone, there's an app called scanable. I use it for scanning in tickets and memorabilia but I've also used it for documents when doing a refi on my house. Not sure if they have for Android, but would guess there's something similar.
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nicolep
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Jan 26, 2016 16:10:43 GMT
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Post by nicolep on Jul 25, 2017 16:07:24 GMT
Great info cbet! I didn't know a lot of what you shared. TFS!
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