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NEW SERVICE MAKES HOME INVENTORIES CONVENIENT AND AFFORDABLE, PROVIDES ADDED VALUE TO AGENCY'S CLIENTS

 EXTON, Pa., Sept. 22 /PRNewswire/ -- Warren Welsh & Thomson, one of Pennsylvania's leading writers of personal insurance, announced today that it is now offering its clients an innovative new service designed to make home content inventories more convenient and more affordable than ever before.
 The new service is being offered in conjunction with The Inventory Vault, Inc., headquartered in Exton, a company that specializes in home content inventories for insurance purposes.
 According to Warren Welsh & Thomson Personal Lines manager Linda Pittounicos, the new service should encourage more of the agency's policy holders to have a detailed home contents inventory prepared -- something very few homeowners or renters take the time to do. "In the event of a claim of property loss due to fire, theft or some other calamity, most insurance companies require policy holders to provide accurate, up-to-date documentation and proof of ownership for those items being declared stolen or damaged," Pittounicos said. "Yet, hardly anyone keeps a detailed listing of all their household possessions and each item's value. Consequently, very few policy holders recover the full value of their loss."
 Robert Heist, president of The Inventory Vault, Inc., said that's where his firm comes in: "For as little as $150 we can have one of our bonded and insured representatives go to the client's home, videotape all of their home furnishings and personal possessions, then provide them with a detailed, computerized listing of each item and its value. And in cases where an appraisal is required for items such as fine jewelry or works of art," Heist continued, "we can draw on our extensive network of expert, professional appraisers."
 Both Heist and representatives of Warren Welsh & Thomson recommend that policy holders keep their video and computerized records in a safe, secure location outside the home -- such as a bank safety deposit box or in The Inventory Vault's storage facilities. "All the records in the world won't do you any good if they go up in smoke with your other belongings," Heist said.
 /delval/
 -0- 9/22/93
 /CONTACT: Linda Pittounicos, personal lines manager, of Warren Welsh & Thomson, 215-594-2020, or Robert Heist, president, of The Inventory Vault, 215-524-8652/


CO: The Inventory Vault; Warren Welsh & Thomson ST: Pennsylvania IN: INS SU: PDT

CC-JM -- PH012 -- 4647 09/22/93 11:32 EDT
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Publication:PR Newswire
Date:Sep 22, 1993
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