Too Important Not to Share...
Nov. 15, 2012 7:16 pm
Updated: Dec. 3, 2012 7:02 pm
Looking at sassyoldlady's post on the Recipe Buzz regarding a house fire in her neighborhood...
Here was my response:
"Tears coming to my eyes... December 12, 2003 we had a house fire (yes, the electric water heater), lost our 2 cats. Had to re-build, but didn't lose anything truly important and no one was home at the time. Our smoke detector was still screaming even though
the housing had melted off from the heat. Be sure to replace those batteries and also check to be sure your house insurance coverage is enough, especially if you have had the policy for a long time and not had it reviewed recently. You should be insured for
what it would cost to re-build your house as-is in today's labor & materials prices, not what your house is worth or what it might have cost 20 years ago. Merely stepping up your policy by a percentage every few years is not necessarily enough. Sorry if it
seems like I'm on a soapbox, but believe me it is very important, trust me I know from painful experience. We had to build a new house and it was only enough for a good down payment."
Dear friends, we recently had to turn our clocks back -- an excellent time to change the batteries in your smoke detectors and carbon monoxide detectors. If you haven't changed them yet, please do so! It could save your life or that of your loved ones.
Check your insurance policy to make sure there are provisions that will pay for housing if you are displaced due to a fire (or any other natural tragedy). Make sure your coverage is adequate to cover replacement costs for your belongings as well as what it
would cost to re-build your home, not just its current value. Remember several years ago when the price of lumber, plywood, and drywall went sky-high? Almost doubled in some cases. Even though our policy was increased incrementally each year, it did not
take into account the enormous rise in building material costs.
Know what is in your home, either pictures or lists. Keep a copy off-site. We had to itemize all of our losses, room by room. Insurance payments were based on what was lost, a certain percentage of each item, and more paid if the item was actually replaced
and paid for. So we were frantically buying replacement items in order to get the most value from our insurance.
Another family in our area had a house fire the very next week. The home burned completely to the ground, the kids lost their deceased mother's ashes and all the family photos. And no insurance...
Have a plan in place for all types of emergencies, even when it may be totally unexpected in your area (i.e. Hurricane Sandy).
The holiday season is upon us, enjoy yourselves, stay safe, and hold your friends and family close to your heart.