Real estate ownership in Colorado is booming, and while that’s great for the economy, it also means real estate development is encroaching on previously wild lands. While building disrupts animal habitat, many species are thriving in urban and...
17 Items You Should Have a Video or Photo Inventory for a Potential Insurance Claim from a Property Damage Loss
If you are a homeowner or renter, one project you might want to undertake is creating a video or photo inventory of your key household goods and personal belongings. Even with the insurance coverage you have, many of us often don’t maintain a list of these items or have readily available receipts for them. However, with today’s technology and wonderful quality of camera’s on our phones, you can create a “visual” inventory of your most valuable items for a property damage claim. This information can be used to pay you replacement value if lost, stolen or damaged by such disaster as fire or water damage.
There is no federal or Colorado state law requiring a tenant to have renters insurance. It is within a landlor's rights to require this as part of a Colorado residential lease. This requirement must be stated in the rental agreement and it must apply to all renters. Therenters insurance requirment may even require a certain level of insurance coverage, provide proof of coverage and require that the tenant maintain the renters policy for the duration of a lease.
17 Items Worth Protecting With Rental Property Insurance
Home Office Equipment
Video Game Collections
Just as we are encouraged to have annual medical check-ups, you should consider having your insurance coverage on your home, condo, townhouse or apartment reviewed. If you have coverage, your agent should be proactive in reaching out to you to undertake such a review. Taking the above steps will help you avoid the need for a property damage attorney.
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