Horrible floods in Colorado and the massive fire in New Jersey remind us how quickly we can lose everything. Reuters Personal Finance Editor Lauren Young lists three simple steps to ensure your home and possessions can be replaced if disaster strikes.
Floods hurricanes tornadoes and fire. Even something as common as a burst pipe can wreck your home devastate your treasured possessions and causing thousands of dollars in damage. Your family disaster plan needs to include more than canned goods and bottled water. Here are steps you can take today say you're prepared for the worst. Those deadly floods in Colorado remind us that we can be forced from my homes in a flash. Be prepared. The most important thing -- -- take an inventory of all of your valuables. You can use photographs but even that use your mobile phone and walk around your home making a video. And be -- to store it on the -- out. Check out the free iPhone and android app from the Insurance Information Institute. Consider flood insurance even if you don't live near the beach heavy downpour -- like your basement. So -- -- water main break on your street flood insurance covers damage from water originating outside your home. The website flood Smart -- we'll help you find an insurance agent and any of them can get -- quote since the government that's prices. Step number three call your insurance agent quick chat can accomplish a lot to make sure your coverage is up to date and your deductible is reasonable. Be sure to tell your insurance agent about any improvements you made your home storm shutters help with shingles can knock a few dollars off your bill. Also make sure you know the best numbers to call if you need to make a play. And if you've got all of us covered there's one less thing to remember given the laws of physics move all of your valuables. Out of the basement.