Now that the holidays are over and homes are filled with new gifts and purchases, the American Property Casualty Insurance Association (APCIA) recommends all consumers conduct an updated home inventory to ensure all of those items are all properly insured. (Credit:infografick/Shutterstock.com) Now that the holidays are over and homes are filled with new gifts and purchases, the American Property Casualty Insurance Association (APCIA) recommends all consumers conduct an updated home inventory to ensure all of those items are all properly insured. (Credit:infografick/Shutterstock.com)

According to Mastercard SpendingPulse, 2021's holiday retail sales increased 8.5% from 2020, with online sales in particular increasing 11% from the previous year. Now that the holidays are over and homes are filled with new gifts and purchases, the American Property Casualty Insurance Association (APCIA) recommends all consumers conduct an updated home inventory to ensure all of those items are all properly insured.

"With more Americans spending money this year on consumer goods, it is important to remember that conducting a home inventory, which would include any new items acquired this holiday season, is a good way to start the new year," Jeff Brewer, Vice President of Public Affairs at the American Property Casualty Insurance Association, said in a press release. "An increase in purchases of high-ticket items brought into the home this season, including jewelry and electronics, means consumers should have an up-to-date account of valuables in the event of a fire or other disaster. This is also a good time of year to call your insurer or insurance agent in order to review your insurance policy."

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Brittney Meredith-Miller

Brittney Meredith-Miller is assistant editor of PropertyCasualty360.com. She can be reached at [email protected].

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