When it comes to keeping important papers in a safe spot, insurance agent Gary Hatano vividly remembers one client's solution.
While visiting the home of a retired military veteran, Hatano asked to see a copy of his life insurance policy.
"He said, 'Hold on a minute' and went to his refrigerator," recalls Hatano, a Farmers Insurance agent in Folsom. From the bottom of the vegetable bin, the retiree pulled out his insurance policy, neatly wrapped in aluminum foil.
While a tinfoil packet under the refrigerated carrots may not seem like the most sophisticated solution, Hatano said he couldn't argue too much with his client's intentions. In a fire, the packet presumably wouldn't burn and everyone in his family knew exactly where it was.
We should all be so wellprepared. From torrential floods in Louisiana to blistering California wildfires, this year's weatherrelated calamities are a reminder that events beyond our control can strike anyone, anytime, anywhere.
If a natural disaster hit your household, would you be ready? We all have important paperwork that we want to safeguard: insurance policies, loan papers, marriage or divorce documents, even the vaccination records of our kids or pets.
Not to mention all our personal family photos, videos and music sitting on our computers.
Knowing what to grab in case of a hurried evacuation could prevent the loss of irreplaceable family mementos, as well as documents that could be tedious and timeconsuming to replace. Here are some options:
Having a grab-and-go box or binder can be a lifesaver. Think of it as a onestop spot to keep all your key documents. It can be a binder, a file box, or anything portable enough to carry on your own.
Hatano, the insurance agent, says he keeps a documentfilled binder hidden at home. It contains copies of all his family's crucial paperwork: property records, bank accounts, names of key professionals (financial planner, attorney, banker, insurance and real estate agents). There's also a copy of his trust.
"Trying to recreate all those copies would be a nightmare," said Hatano, who also considers the binder a helpful resource for his wife, in case something happened to him.
The binder does not contain originals of those documents, however. Originals should be kept in a safe deposit box, a fireproof safe, at an attorney's office or with trusted family members, Hatano advises.
Makin' a list
Another essential safeguard: a household inventory.
In the event of filing an insurance claim, "It's hard to remember what you have," said Perry Ghilarducci, a Sacramento CPA who heads Avaunt Ltd. He recommends keeping copies of receipts, warranties, serial numbers and appraisals of your household valuables.
You can record a video or simply make a roombyroom list of appliances, furniture, electronics, books, clothing. And don't forget the backyard and garage.
Websites such as www.InsureUonline.org, sponsored by the National Association of Insurance Commissioners, have easy tips on creating a household inventory. There's also a Home Inventory Guide on the California Department of Insurance site, www.insurance.ca.gov.
And don't forget your cellphone. Especially when so much of our personal life resides in our handheld devices, you don't want to be stranded if your phone gets lost, drowned or burned. Keep a card ideally laminated in your wallet with a list of important numbers, everything from your kids to doctors to the financial and professional contacts you might need in an emergency.
Back it up
Whether it's your home or office computer, a backup is essential. A simple hard drive that automatically backs up everything stored on your computer is the first line of defense. But if it's damaged in a fire or flood, all your family, financial and business files and photos could be wiped out.
To better protect your hard drive, a California company, ioSafe ( www.iosafe.com), manufactures a series of hardy protective "safes" for computer hard drives that it claims are waterproof and fireproof, whether submerged in water for three days or burned in intense flames up to 1,500 degrees for 30 minutes.
It's essentially a second hard drive that plugs into a USB port, acting as a tougher twin to your computer's own hard drive.
"It's for the things your insurance can't replace: your family photo albums," said Robb Moore, CEO of the Auburnbased firm. "What would you grab as your house is burning? Your family photos and videos are the most compelling."
Akin to an airline's black box, the hard drive boxes are shown in online videos being dropped off balconies, burned in barbecues and run over by tractors. Starting at around $249, they can be found at Fry's, Best Buy or online.
Others are migrating to storing computer data online in the socalled "cloud," using backup systems that aren't sitting on their desktops.
Ghilarducci's firm, for instance, provides online document storage for its tax clients.
"It's a virtual file cabinet, if you will," the CPA said, noting that clients can log in, using a personal password, to retrieve their tax documents whenever needed. Clients are encouraged to use the access to scan and upload other financial documents mortgage, insurance, household inventories, for instance for their eyes only.
For his own office computer and personal laptop, Ghilarducci says he's looking at companies such as Carbonite ( www.carbonite.com) that automatically back up computer data to an online data storage center.
Safeguarding your possessions doesn't necessarily have to be a hightech solution. As ioSafe's CEO put it: "Do something to protect yourself against natural disaster."
Even if it's as simple as a zipclose bag or a dashoutthedoor binder.
WHAT TO TAKE ALONG WITH YOU
If disaster strikes, the California Society of CPAs says you should leave home or work with copies* of these documents:
Birth and death certificates, marriage licenses, wills or trusts, military discharge papers and other important "life event" documents
Social Security cards
Credit card numbers and contact information
Automobile pink slips
Medical records, including prescription numbers
Passwords and user names for bank accounts and websites you frequently use
Phone numbers and addresses of relatives, friends, doctors
Federal and state income tax returns for past three years
Receipts for highend purchases (jewelry, art, hightech equipment, etc.)
*Originals should be kept in a safe deposit box or fireproof safe.