contents claims News

Home Inventories Can Cut Claim Processing Time by 50%

Wild weather has become more common with climate change, the experts say, and homeowners can prepare for natural disasters by making home inventories – detailed lists of household belongings and their approximate value. Making a home inventory can be easy; …

Homeowners Concerned About Property but Content Inventories Remain Rare

Despite big storms and wildfires highlighting the need, home inventories are rare, say industry experts. A recent survey, conducted by Allstate, of Atlanta homeowners found that while than more than 90 percent of homeowners were concerned about protecting their homes, …

The Flaw of Averages: Why Carriers are Overpaying and Underpaying

46 percent of claims are being overpaid by an average of $19,000 In his book, The Flaw of Averages, author Sam Savage explores how the widely used statistical concept of “averages” can wreak havoc on our forecasting and decision making. …

Enservio: Top Ten Strangest Contents Claims for 2010

Enservio, a provider of software and services to property insurance carriers and policyholders nationwide, inventories and assesses the value of millions of claimed items each year, using a proprietary database and analytics solution. The company’s data analysis has revealed the …