In the past two weeks, several house fires have struck my community. At least two of these fires resulted in total losses, while several others remain under assessment. Multiple homes sustained less severe damage. Recently, I had the chance to meet with a family affected by one of these fires. Even though they were not my clients, I spent three hours with them, addressing their concerns, answering their questions, and clarifying the process, their rights, and their responsibilities. Such events could happen to any of us, underscoring the importance of preparing for such possibilities. Although this situation pales in comparison to the disaster in Jasper, it remains devastating for anyone experiencing such a loss. Here are some essential steps to be proactive and be prepared.
Be Proactive
Talk to your insurance advisor to confirm that you have sufficient coverage to rebuild or replace your building and its contents. Understand what your policy covers and what it excludes before a loss occurs, not afterward! If you need help understanding your contract check out “It’s all Gobbledygook to me! Understanding your insurance policy.”
Be Prepared
Create an inventory of your belongings in addition to recording a video of the inside of your home, office, or retail outlet. This inventory is crucial for proving your loss, as insurance companies do not simply write a check for the full amount of your coverage. Check out the Home Inventory Spreadsheet provided by the Insurance Bureau of Canada.
Prepare for immediate evacuation by knowing where your valuables are and what you need to take if an emergency occurs:
- Documents: Insurance policies, personal identification (including passports), financial files, and other legal documents.
- Medical Items: Medications and prescriptions, glasses, first aid kit, canes, walkers, etc.
- Toiletries and Personal Items: Toothbrushes, toothpaste, hand towels, a change of clothing, valuable or keepsake jewelry, home videos, or family heirlooms.
- Pets: Don’t forget extra food, collars, leashes, etc.
- Miscellaneous: Flashlight, keys, cash, credit cards, iPads or laptop.
After Evacuation
Notify your emergency contacts and other family members know where you are going
Remember, these are traumatic events; you will be emotional, and sometimes it’s challenging to remain calm or even remain rational when you are traumatized. Don’t be afraid to contact a professional for mental health counselling.
Remember all insurance policies are NOT the same! Be Proactive. Be Prepared. For a complete review of your coverage and comparative pricing, contact me. I will ensure that you are connected to a member of our professional personal insurance team.
heather@thorinsurance.ca
