Brian Lehman, CPPA & Angelika Ouellette come to
your home to appraise & photograph the items in your house.
A Proper inventory
is conducted by Brian and Angelika.
Every item of value is given an inventory number with
description, photograph and appraised value.
They proceed through
the home going room by room. (No need to move items, leave in their
Understanding your insurance policies
A 1996 nationwide
industry survey by Insight Canada Research showed most Canadians don’t
understand how insurance works, they are confused by the array of choices
and terminology and they’re uncertain about their policy coverage.
people make a decision based on price alone and not on what their policy
covers”, explains Allan Wood, Regional Vice-President of the Insurance
Bureau of Canada (IBC). “It’s important to read your policy
and go through it, clause by clause, with your agent or broker”.
approximately $1.7 billion on homeowners’ insurance and received
about $1.2 billion in claim payouts in 1996. With that much at stake,
it pays to learn the lingo of the insurance industry.
Form/Broad Form/Comprehensive Form Insurance
There are three
general categories of home insurance:
Form policies explicitly state the named perils covered on
the physical structure and contents.
Broad Form policies cover all risks to the physical structure except those explicitly
not stated (i.e. water seepage and leakage), plus it covers stated perils
Form policies covers all risks to the contents and physical
structure except those explicitly not stated. Comprehensive form policies
are the most popular coverage.
This is a common
type of insurance coverage. Under this coverage, the cost of buying
a new item to replace an old item is covered (if certain conditions
Value or Actual Cash Value
The terms “depreciated
value” and “actual cash value” are interchangeable.
Depreciated value is the actual worth of an item, at the time of loss.
An hour spent going
through your policy, clause by clause, with your agent/broker is an
hour well spent. Here are a few questions to help you get the information
you need to better understand yours.
does my insurance cover?
You should know what is and is not covered, so you can make contingency
2. Is this
coverage right for my needs?
We all have individual needs and concerns and a generic policy might
not fit your specific requirements.
3. How can
I decide how much insurance I need to fully protect my home?
Many homeowners are surprised at the cost of rebuilding a home, especially
if theirs is only a few years old. If you are uncertain about whether
or not your home is insured for its replacement value, ask your insurance
kind of service does my insurance company provide?
You need to know if your company has claims offices across the country
and how you file a claim if you are out of town. You should also ask
what other services your insurance company provides.
5. Ask about
any terminology you don’t fully understand.
Remember, you are paying the agent/broker to serve your needs. If you
don’t understand your coverage, or what a term means, ask for
Do you have the
correct amount of insurance to rebuild your present
to have your item(s) appraised by photograph. Give us a call (403) 249-7333.
1. The item(s) must
be clear in the photo, showing all sides, front and back, including
the bottom and top. Photo’s must be close-up from at least 18
– 24”. If the are small items or furniture, photo must include
base and drawer ends, etc.
2. Include a photo
of any markings or stamps indicating the make, model or artist (usually
on the base). This must be legible to do proper research.
3. List what it
is and what it was used for.
4. Can you tell
us when it was made, where it was made or who made it?
5. Where did you
get it (any history)?
6. Please include
any other information we should know about it. Example: was
it stripped, redone, point out chips, cracks or flaws.
You will be advised
of the appraisal cost upon receipt of your photos. Once payment has
been remitted we will begin the appraisal. Include a cheque payable
to Brian Lehman Evaluations Inc, we do not “bill” for our
allow 2 – 4 weeks for our written appraisal. If for any reason
we cannot give you an appraisal of your item(s), we will contact you
immediately. If you have any questions, please contact us at (403)
249-7333.BLURRY OR FUZZY PICTURES ARE NOT USEFUL.
Call our office
to arrange an appointment (403) 249-7333.
When you don’t
know what to give mom or dad… give them a gift they will remember
forever. Let us know what the occasion is and we’ll do our best
to make it special.