Statement of Values – What is it?

Today we’re going to talk about a statement of values. Sounds a little daunting, doesn’t it? Don’t worry, it’s not. But don’t let that fool you. It’s extremely important. In fact, most of the people who do my job don’t even ask you for it.  Yet every commercial property policy I have ever written states that you’re supposed to have one on file with the insurance company that places your property insurance policy for you.


What is a Statement of Values?

A statement of values is literally just a list of all of your stuff and what it’s worth in its rawest form. Now, it goes into a lot more than that, and we’re going to get into precisely what gets included in a statement of values in a later post. But if you have not completed one, I want to give you a chance to get a template that you can use to do this for you for your first time. Just click at the bottom of this post, and you can request it. We’ll give you a downloadable version of a statement of values that you can use. Also, if you need any help with that, you’re always welcome to reach out for advice, and I’ll give you plenty of good advice and won’t even try and sell you anything.  I’m just that passionate about making sure people have these on file and understand why they’re so important.

Can I Complete a Statement of Values Without a Template?

If you want to do this without using our template, what I would recommend is that you sit down and start listing all of the things that you have, whether it be computers, your building, all of the desks and chairs, and that stuff. What about your lost revenue from business income? Again, we can give you the entire list of everything included later, but you got to start somewhere. And if you don’t have a statement of values right now, it’s something you should consider putting together, especially before hurricane season here in Florida. Again, if you’ve never had one and you want a template, click down here, and we’ll let you have ours at absolutely no cost. And we won’t even put any pressure on you to try and sell you anything. But if you have questions, you’re always welcome to reach out.

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Schedule an Appointment 

Select an agent below to view our online calendars and select a day and time that works best for you or call us directly at 888-601-6660. When you use our online calendars, you will receive an email with more information.


David Carothers

 Commercical Insuramce

Kyle Houck

Kyle Houck

 Commercial Insurance


Grayson Carothers

 Personal Insurance

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