Asset Planning, Inc Blog

The latest from the team.

Insurance Coverage Check Up

Watching the news coverage of Hurricane Dorian this past week as well as the fire in Murrieta, had us sympathizing for the people in their path, what they were going through and how their lives would be affected by these natural disasters. Naturally, this also made us start thinking of our own preparedness for a natural disaster. We recently posted about creating your own emergency kits for your homes. Another thing to think of is what happens to your home and other belongings that were damaged during one of these incidents. It's important to periodically review your insurance policies to make sure that your coverage is sufficient. Our lives are constantly changing, which means you could have recently done a remodel to your home or purchased a brand-new computer. Will your homeowner's insurance cover these new and improved items? One way to make sure is to keep an updated inventory of your personal belongings as well as any documentation for upgrades you have done to your home. Without this documentation your homeowner's insurance may just pay you the basic value of these items and you will not recoup the increased value. One tip I read about, and which seems like the easiest way to inventory your property is to walk around your home with your phone and take a video of each room with its contents. In the video you would show the items of most value and explain what they are. Not only will this prove the items existence, but most phones are hooked up to a cloud-based recovery system. So even if you lose or damage your phone in a disaster the video will be saved to the cloud. Obviously, you would not want to share this video with anyone and should keep it private. No posting to social media sites like FB or Instagram as this could make you a target for break ins. Even if you "know" everyone on your friend lists. We still recommend keeping physical documentation either in a fireproof box, safety deposit box or a flash drive but it never hurts to have more proof. You may also want to look into additional flood and earthquake policies.  Maybe you decided to skip these policies when you first bought your home because they can be pricey, or you went with a higher deductible. Now would be the time to get a check up to see if these supplemental policies are right for you.

Continue reading
  59 Hits
59 Hits

Protecting Your Home While on Vacation

Memorial Day weekend is the unofficial kick off to summer and for many people, summer is a great time to plan a vacation. Unfortunately robbers know this and it can also be a prime time for home break-ins. Having a house sitter stay in your home to watch your pets, water your plants, gather any mail or flyers, and turn lights off and on is definitely your best option for insuring your home is safe but this may not be an option for everyone. Here are a few tips to safeguard your home while you are away.

  1. Have your mail stopped. Nothing screams that no one is home more than a bunch of mail and flyers piling up on your doorstep. You can visit the post office website and submit a request online.
  2. 2.Get timers for your lights. Leaving your lights on 24/7 is a dead giveaway that you are not home and will make your electric bill sky rocket. Instead, put your living room lights on timers to come on at dusk and turn off at bed time.
  3. 3.Ask a neighbor for help. Usually a neighbor will not mind keeping an eye out for anything suspicious going on at your house and may even be willing to pull out the trash cans for you. Asking doesn’t hurt and I’m sure they would appreciate the favor in return.
  4. 4.Make sure everything is locked up. This seems so obvious but one of the biggest mistakes people make is leaving a door or window unlocked in their rush to get going on their vacation. If your house is locked up tight the thief will have to work harder to break in and will most likely leave if it is taking too long.
  5. 5.Don’t post about it. Everyone loves getting away on vacation but posting this information on social media will notify all of your connections that you are away from home. Think twice before giving out too much information. You can always post those great vacation pics when you get home!
  6. 6.Get a security system. If you travel a lot or are away from home most of the day in general it may be a good idea to get an alarm or a camera security system. The cost for these systems may be small in comparison to the peace of mind you will have knowing that your home is protected.

Most importantly, enjoy your vacation knowing that your home is secure while you are away!

Continue reading
  776 Hits
776 Hits

Search Blogs Module

Wait a minute, while we are rendering the calendar
money Fox News story phishing sites Federal Trade Commission website credit card fraud media accounts drive /usb Mobile Banking Security Tips emergency kits Medicare question web address Roth IRA home home emergency preparedness kits June 29 TD Ameritrade documents scams pet supplies borrowing money birth certificates debt pet industry Treasury Department checklists privacy notices National Ice Cream month Supplemental Security Income cell phones cell phone carriers offer prescription eyeglasses cell phone provider Victor Dergunov car loans integral member wells Fargo insurance policy jury duty blog post phone companies chip-enabled EMV cards interest rates Financial Planning Magazine gap insurance donation items Orange County Superior Court 2017 Equifax breach asset Planning Social Security policy ID card credit cards parking spots Facebook profile app driver license investment statements ice cream Shred paperwork EEChecklist-Kits.pdf stockpilingchecklist.pdf home emergency kit Medicare cell phone SIM swap scam vision screening Asset Planning increase memorial Day weekend notary services retirement accounts retirement planning account numbers credit score Amazon Open Enrollment clients show support tax season Legal robocalls clients October 1 2020. insurance policies assets opt-out portal Notary Public illiegal robocallers operations manager Wells Fargo employees credit card company 2017 TD Ameritrade National LINC Conference estate planning direction self-help topics January 10 privacy settings emergency kit Kraig Mathias emergency folder April 11 Open House retirement plans credit freeze D premiums Medicare Part B house sitter 20 year anniversary donation counts summer pet FSA Ice Cream Social identity thieves family members padlock estate planning phishing scams Medicare Part B premiums flash drive Affordable Care Act https :// spring cleaning toilet paper DNA test kits card reader home security trust hurricane Dorian 2018 IRA contributions CFP ® Puerto Rico Two-Step Verification president Trump information health care costs breach text messages email notifications 401K phone vacation ice cream event client portal Auto insurance Healthcare settlement options IRS deadline Independence Day trustee Charles Schwab Erin Nelsen home mortgages fun facts contribution limit FEMA website non-prescripstion sunglasses retirement 4 pm -8pm relief efforts 2017 IRA contributions 900 number clone counterfeits Part B Social Security Administration Kiplinger Letter April 15 fun atmosphere health care services pets California Lions Friends consumer spending Flexible Spending Account offering insurance Orange County fees spam phone partner /owner tax deadline home break-ins Joey Gonzales cell phone service provider credit monitoring service “ skimmer ”. rescue organizations VOIP landline phones Medicare Advantage executive order news coverage 23 andme life saver bottom line earthquake app holidays approach 70 1/2. banking Part D premiums . Wells Fargo customers April 18 2017. disaster areas IRA accounts https ://seekingalpha Medicare plan team members Retirement Contribution Limits check lists information Facebook July 4 estate people medications official certification Brexit vote paperwork clutter identity theft company CERTIFIED FINANCIAL PLANNER exam cell phone carriers