What You Should Know about how Tornado Insurance Works

You don’t have to be a resident of the south or the midwest, where recent tornadoes wreaked havoc on thousands of lives, to get the message being sent by Mother Nature. It seems that she, too, is a strong advocate of homeowner’s insurance. And occasionally, she flexes her abilities to remind everyone within her reach about its importance.

But even those who have insurance have been having trouble getting compensated for their losses, through no fault of the insurance companies. The fact is, tornado insurance is great to have but if you don’t understand how it works, it can be pretty useless to you.

One of the things most often forgotten, and something that insurance agents are currently seeing a lot of in the wake of the recent tornadoes, is a lack on the part of insurance holders to catalog their possessions. You don’t have to go through your home jotting down every single refrigerator magnet – but if you intend to have that priceless grandfather clock insured, you’d better have record of its existence, as well as its value.

Home insurance agents strongly urge their customers to use a camera to catalog all expensive belongings, and to gather as much proof of ownership and proof of value as possible so that there are no problems filing a claim in the event of disaster.