By now, you may have made some big purchases to give as gifts to your loved ones this holiday season. It’s easy to get swept up in the flurry of holiday excitement. It’s important to be a responsible gift giver and receiver of big-ticket items like jewelry, electronics, cars, family heirlooms, or other valuables. Make sure that you are safe during the holiday season and long after.
Appraise your Items
Saving receipts is essential when purchasing expensive holiday gifts, but what happens if you are giving an older gift that doesn’t have a receipt? Family jewelry can be very precious, both sentimentally as well as financially. Before giving your gift, it’s wise to take it to an appraiser to find out its worth. That way, if the jewelry is stolen by a thief or if you need to make a home inventory, you will be able to properly account for it in an insurance claim.
Check your Insurance Coverage
After receiving an expensive gift, call your insurance representative to find out if it is covered by your insurance. Of course, if you receive a vehicle as a gift, make sure to get car insurance before taking it out on the road for a spin!
Secure your Gifts
No one wants their gifts to be discovered before Christmas day, but especially by a thief. Make sure that your expensive gifts are safe by storing them in a secure location. You may want to invest in a small safe to keep expensive jewelry or other small items. Better yet, make sure that your home is equipped with a home security system. Oftentimes, just having a sign in your yard from the security company is enough to dissuade potential thieves.
At Wachter Insurance our agents are here to help you pick the right homeowners insurance so you know you have coverage no matter your insurance claims. Have questions about your homeowners insurance claims? Find answers and learn more about filing insurance claims by contacting us. We will help you understand the coverage and limitations of your homeowners insurance so you can avoid having your insurance claims denied. Please call us at 301.371.6335, visit our website or drop by our Middletown, Maryland office to personalize your homeowners insurance policy today. Be sure to follow us on Facebook, Google+, Pinterest, and Twitter too!