Exchange

Things come. Things go.

Exchange is everything in between.

You haven't lost it.
You've forgotten it.

The average American spends 2.5 days a year looking for things they already own.1

After a fire, the list is the payout.

Colorado pays 65% of your contents cover without one. California, 60%.2,3 Everything above that, you itemise or lose.

57% of Los Angeles wildfire claimants were told to list and describe every destroyed item.4 Fewer than half of US homeowners have an inventory.5

Colorado2 65%
California3 60%
paid without a listonly if you itemise

A business pays for the gap twice.

Insure below your coinsurance threshold and the formula cuts every claim you make — including the partial ones you were sure you were covered for.6

You can only decide about what you can see.

Keep. Sell. Donate. Discard. Claim.

Every one of them starts in the same place.

holding cost
per year
declared value
what the record says
realizable today
the best offer that would take it

Three numbers, next to each other, for one thing you own. The numbers are yours; you get them when it is your turn.

Not open yet.

We are letting people in a few at a time.

One mail to confirm, one when it is your turn. Nothing else.

Sources

  1. Pixie Lost & Found Survey, October 2016. Representative sample of 1,700+ US adults, fielded by Survey Sampling International.
  2. Colorado Revised Statutes § 10-4-110.8. On a total loss of an owner-occupied residence in a governor-declared wildfire disaster, the insurer must offer at least 65% of the contents limit without a written inventory; 30% for other total losses.
  3. California Insurance Code § 10103.7. On a total loss of a furnished primary dwelling in a declared emergency, no less than 60% of the personal property limit — capped at $350,000 — without an itemized claim. More is recoverable only by filing one.
  4. United Policyholders, Los Angeles wildfires survey of 453 households: 57% said their insurer required them to list and describe every damaged or destroyed item.
  5. Triple-I / Munich Re Consumer Survey, 2023. 47% of homeowners said they had prepared an inventory of their possessions to document losses for their insurer.
  6. Independent Insurance Agents & Brokers of America, on insurance-to-value. A coinsurance clause requires insuring to a set share of value; carry less and the payout is reduced by formula, on partial losses as well as total ones.