which gives you and your insurance company a visible record of what you own. Keep a copy in a safety deposit box. This list should be as thorough as possible and include dates of purchase.
Similar policies apply to condominiums, co-ops and rentals. If you rent, you are not covered by your landlord’s policy, so look into renter’s insurance. For less than $200, you can get at least $16,000 of coverage for your personal possessions and about $100,000 in liability insurance.
Contact your state insurance department for other discounts. The Insurance Information Institute has a free brochure, Twelve Ways to Lower Your Homeowners Insurance Costs. Call the National Insurance Consumer Helpline at 800-942-4242, or visit their Web site at www.iii.org.