[1]Today, we will complete the ninth file slot in our accordion filing system as well as the home ownership category [2]. (Insert excitable utterance here. 🙂 )
I began the ninth file opening last week with the personal articles insurance policy documents [3]. The last item in this file slot is the set of appraisals for my bridal and engagement rings.
With our personal articles policy, the receipts for our point-and-shoot camera and our video camera suffices our insurance company’s requirements for replacement should I need to file a claim for one of these two items. The receipt for my rings, purchased 13 years ago, would not cover the replacement cost should I lose the entire set. Therefore, I have my ring set appraised approximately every 5 years.
Looking at the date of my last appraisal, I am now overdue for another appraisal. (Guess I have another item to add to my To Do List [4].)
When I get the new appraisal, I will request a second official document to submit to my insurance company. With the new appraisal, the replacement cost will be updated, the premium adjusted (if needed), and the insurance company will have pictures and measurements in their file.
My appraisal will be filed in this ninth file slot. I currently have 2 other appraisals from years 2000 and 2005. The new 2011 appraisal will be added to these paper clipped appraisals and housed behind the personal articles insurance policy documents which concludes the items in my ninth file slot.
If I had other valuable items covered through my personal articles policy, I would put additional appraisals here (i.e., collection: stamps, coins, baseball cards; other jewelry items; electronic equipment; etc.).
Project complete! All my credit reports/cards [5], personal [6], and home ownership documents [2] have a home. Keeping these documents together in an organized system helps me in using time wisely. Retrieving these documents is direct, quick, and easy. Keep working on your filing system to save you money (replacing lost documents), energy (sorting through piles of paper), and time (searching for needed items).
Question: How is your document organizing going? I would love to hear about your progress, even if you are just beginning. You need to start somewhere. 🙂 Please leave a comment with your answer.