Protect Your Finances Should Disaster Strike

Hopefully, you’ll never find yourself in this situation but it’s best to be in the know about what steps to take should so that you’re fully prepared! Read on.
Dee Dee Sung, www.debtfreediva.com

1. notify your insurance company to apprise them of your situation and that you’ll be making a claim.

2. make an itemized and detailed list of what you’ve lost (include pictures of belongings, if possible - in fact, good to take digital pictures of your valuable possessions beforehand) with dollar values. This is why it’s advisable to keep a home inventory in a safe place.

3. File your claim - the sooner the better.

4. Settle your claim - don’t be too quick to accept the first offer. It’s advisable to compare 2 or 3 estimates of what repairs and replacements will cost.

5. Strategize your finances. Be prepared if additional funds are needed to cover the cost of repairs.

It’s always wise to be fully prepared!

Dee Dee Sung
www.debtfreediva.com